Multi-Timeframe Supertrend Entries with Session-Based Exits

Summary

This strategy confirms an uptrend by checking Supertrend direction across 15-minute, 5-minute, 2-minute, and chart timeframes. It enters long only when price is above all four Supertrend lines and the strategy has no open position. It exits if price falls below the 5-minute line during the session, or at a stated end-of-day condition. The indicator uses an ATR period of 10 and a factor of 3 by default; the described session is 09:30–15:30 in a configurable timezone.

The document presents no performance results despite listing BTC/USDT Binance futures backtest settings spanning several years. There are implementation caveats: the code sets the session flag to always true, so the session filter described in the prose is not applied. Also, the end-of-day exit condition depends on that flag becoming false, making the described daily close unlikely to occur as written. The multi-timeframe logic may filter some entries but can also delay or miss trades, while ranging markets may still produce repeated signals and costs.

Key ideas

• A long entry requires price to be above Supertrend lines on four timeframes and no current position.
• The strategy exits on a break below the 5-minute Supertrend line or a stated end-of-day condition.
• ATR period and factor default to 10 and 3, while the described session is 09:30–15:30 in a configurable timezone.
• The code sets its session flag to always true, so the stated time filter and daily exit are not implemented as described.
• The published settings specify a multi-year BTC/USDT futures test but provide no performance results.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.