SuperTrend Direction Signals with Selectable Moving Average Baselines
Summary
This indicator adapts SuperTrend bands around a selectable moving-average baseline. The default baseline is an exponential moving average, while the parameters allow several alternatives, including weighted, Hull, zero-lag, and Tillson T3 averages. ATR sets the distance of the upper and lower bands, and the trend state changes when price crosses the trailing band. Direction changes can be displayed as buy or sell signals, with optional chart highlighting and alerts.
The document provides implementation details and published BTC-USDT futures settings for a short historical interval, but no performance statistics or evidence that the settings are profitable. It is primarily a trend-following indicator rather than a fully specified risk-managed strategy: the shown entries reverse direction on trend changes, while explicit position sizing, transaction costs, and protective exit rules are not discussed. Users can alter the baseline, ATR period, and multiplier, so results may vary by market and timeframe.
Key ideas
- The indicator places ATR-based trailing bands around a selectable moving-average baseline.
- A price crossing of the active band changes the trend state and can trigger directional signals.
- The default baseline is an exponential moving average, with several other average types available.
- Published settings include a brief BTC-USDT futures interval 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.