Supertrend Directional Entries with an Optional Intraday Square-Off

Summary

This strategy uses the Supertrend line to determine direction: it enters long when the close is above the line and short when the close is below it. An optional intraday rule closes open positions after 2:45 p.m. The described inputs include a Supertrend multiplier and lookback length, along with a switch for the daily exit rule.

The document presents this as a multi-timeframe approach, but the supplied code does not show separate signal calculations across multiple timeframes. Its published test configuration uses BTC/USDT futures with 45-minute bars and a five-minute base period over roughly one week in late 2023; no performance figures are supplied. The text identifies indicator lag and missed short-term opportunities as risks. It proposes testing parameter combinations, adding signal filters or stop losses, adjusting the exit time, and checking results over longer periods, but gives no evidence that these changes improve outcomes.

Key ideas

• A close above the Supertrend line triggers a long entry, and a close below it triggers a short entry.
• An optional rule closes positions after 2:45 p.m. each day.
• The published settings use 45-minute bars, but the code does not demonstrate distinct multi-timeframe signals.
• The short test period and absence of reported performance results limit conclusions about reliability.

Tags

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