SuperTrend Breakouts with Fixed Percentage Exits
Summary
This strategy uses the SuperTrend indicator, calculated from an ATR period and factor, to identify directional changes. It enters long when the close crosses above the SuperTrend line and short when the close crosses below it. Each entry is paired with a stated 1% profit target and a 1% stop, and the indicator’s direction is also displayed through line color.
The document presents the method as automated and adaptable through its ATR inputs, but it supplies no reported backtest results or evidence that the approach is profitable. Published settings specify a BTC/USDT futures backtest over roughly one year, with daily strategy bars and hourly base data. The narrative identifies false breakouts in sideways markets, slippage, repeated losses, and excess trading as risks. It also notes that fixed percentage exits may not fit changing volatility. The suggested filters and dynamic exits are possible modifications, not evaluated results in the document.
Key ideas
- A close crossing above or below SuperTrend creates a long or short entry signal.
- The described exit plan sets both the profit target and stop loss at 1% from the entry reference price.
- ATR period and factor are configurable inputs that affect the indicator.
- Sideways markets can produce false breakouts, while slippage can make actual exits differ from their intended levels.
- The document lists BTC/USDT futures backtest settings but reports no performance statistics.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.