Multi-Timeframe QQE and Supertrend Session Strategy
Summary
This strategy combines several technical filters to seek intraday entries in the direction of a broader bias. It checks whether price is above or below a moving average calculated on a 15-minute timeframe, then requires a short moving-average cross, matching QQE conditions on the chart and a configurable confirmation timeframe, and a compatible Supertrend direction. It also blocks entries when the range of a five-minute bar exceeds a multiple of its ATR.
Trades are limited to a configurable New York session and use ATR-based profit targets with either percentage-based or ATR-based stops. Open positions are closed after the session. The script plots entry arrows, indicator lines, and purported stop or target markers. The document provides the rules and code but no performance results or market-by-market evidence. Users should examine timeframe behavior, signal timing, and the plotted exit markers against actual strategy fills, then test costs and execution assumptions before drawing conclusions.
Key ideas
- Long and short entries require agreement among a 15-minute moving-average bias, a chart-timeframe crossover, QQE conditions, and Supertrend direction.
- A five-minute range filter blocks trades when the bar is unusually large relative to ATR.
- The strategy restricts entries to a configurable New York session and closes positions after that session.
- Stops and targets use percentage and ATR settings, but the document reports no tested performance.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.