Supertrend Reversals with Four Simple Moving Averages

Summary

This indicator combines an ATR-based Supertrend with four simple moving averages. The Supertrend uses a selectable price source, ATR period, multiplier, and ATR calculation method to form trailing upper and lower bands. A change in trend direction generates buy or sell signals; the script’s strategy logic enters long on an upward change and short on a downward change. The four moving averages are plotted as additional visual context, with configurable periods and sources.

The document gives settings and a published backtest configuration for BTC/USDT futures on one-minute bars over a short period, but it reports no performance results. The moving averages are not used in the entry conditions, so the claim that they improve entries or exits is not demonstrated by the described rules. The material is an indicator and basic reversal entry example, with no stated exit management, position sizing, or risk evaluation; the brief backtest setup does not establish robustness.

Key ideas

• The Supertrend bands are derived from an ATR measure and a configurable multiplier.
• Trend changes generate buy and sell signals, with entries in the corresponding direction.
• Four configurable simple moving averages are plotted but do not filter the entry signals.
• The published backtest settings specify BTC/USDT futures and one-minute bars but provide no performance evidence.

Tags

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