Supertrend Entries with Multi-Timeframe EMA Confirmation

Summary

This Pine strategy combines Supertrend direction changes with an optional majority vote across six configurable timeframes. Each timeframe is classified by whether its close is above or below an exponential moving average, and minimum bullish or bearish counts can be set to filter entries. The visible code also provides direction and session filters, including London, New York, and a custom time range.

The document is a partial script: it ends partway through the short-entry condition, so the full trade logic, exits, and handling of positions cannot be assessed. Although it defines RSI, MACD, ATR, and VWAP values, their use is not shown in the available portion. No backtest results or evidence of performance are provided; the visible settings describe a configurable technical strategy rather than a validated trading method.

Key ideas

• Supertrend direction changes provide the visible base entry signals.
• A configurable EMA comparison across six timeframes can require agreement before taking a signal.
• Session and long-or-short direction filters can restrict when and which entries are allowed.
• The supplied script is incomplete, and it provides no performance evidence.

Tags

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