Supertrend Long Strategy with ATR Scaling and Partial Profit Taking

Summary

The visible script describes a long-focused strategy built around a Supertrend crossover, with ATR-based settings and a ladder for taking partial profits. It also defines 50-, 100-, and 200-period EMAs on the chart timeframe and a selectable higher timeframe, plus inputs for leverage, initial position size, equity display, and scaling. A configurable price-move threshold and multiplier govern additional entries, while profit-taking settings specify step size, the fraction closed at each step, and a possible add-back on a later bar.

The document is truncated partway through the implementation, before the order management and exit rules can be fully assessed. It supplies no market, test period, backtest settings, or performance results in the visible material. The numerous leverage and position-scaling controls make risk exposure central, but the available excerpt is insufficient to establish how the system limits losses or behaves across market conditions.

Key ideas

• The visible entry signal is a close crossing above the Supertrend; the opposite crossing is identified visually.
• The strategy exposes ATR period and multiplier inputs for its Supertrend calculation.
• It includes configurable scale-in triggers and position size multipliers.
• A profit ladder can close a portion of the position at preset profit steps and schedule add-backs.
• The excerpt ends before complete order logic is shown and reports no backtest results.

Tags

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