Multi-Indicator Trend Scoring with SILA Support and Resistance
Summary
This short-term trend strategy combines eight directional indicators: WOW, BestMA, candle color, SuperTrend, Directional Indicators, TTS, RSI, and a wave trend oscillator. It counts bullish or bearish readings and uses that score to plot graduated SILA support or resistance levels; more levels represent a stronger aggregate signal. A long or short signal occurs when the indicator consensus is aligned and price is beyond the nearest relevant level. The description also presents candle patterns as a way to seek pullback entries, while the included strategy logic enters when a trend arrow appears.
The document publishes a sample backtest configuration for BTC-USDT futures covering about a month, but gives no performance statistics or results. It also does not fully reconcile the described pullback-entry approach with the source logic. Multiple indicators can disagree, and the text warns of drawdowns, systemic events, and parameter sensitivity. Suggested extensions include testing settings, adding stops or volume confirmation, and adapting position size; these are proposals rather than demonstrated improvements.
Key ideas
- Eight indicators contribute bullish or bearish readings to an aggregate trend score.
- Graduated SILA levels visualize the score, with more levels indicating stronger agreement.
- Signals depend on both directional consensus and price relative to a nearby support or resistance level.
- The description mentions candlestick pullbacks, while the included logic enters on trend changes.
- A sample BTC-USDT futures test setup is provided, but no performance results are reported.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.