SuperTrend Entries Confirmed by Multiple Indicator Filters
Summary
This strategy starts with SuperTrend signals and can require confirmation from additional indicators before entering. Optional filters include MACD and moving average alignment, price relative to a 200-period EMA, Stochastic RSI, MFI relative to its EMA, CCI-derived levels, and a TRAMA trend filter. The available switches let users combine these conditions, while ATR or Bollinger Bands can be selected for exit signals. The source also includes percentage-based stop and profit levels, though its entry, exit, and trailing-stop logic is more involved than the overview alone suggests.
The document supplies configurable parameters and published test settings for BTC/USDT futures on Binance over a short September 2023 interval, but gives no performance results or comparative evidence. It warns that stacking filters can suppress valid entries, parameter choices can make filters ineffective, and poorly chosen exits can increase losses. The source and description also differ in places, including how some filters and exits are implemented, so the stated rules should be checked against the actual code before relying on them.
Key ideas
- SuperTrend supplies the base directional entry signal.
- Optional indicator filters can require agreement from momentum, trend, or flow measures.
- ATR or Bollinger Bands can inform exit conditions, alongside percentage-based stop and profit levels.
- Additional filters may reduce unwanted entries but can also exclude profitable opportunities.
- Published test settings alone do not establish strategy performance.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.