SuperTrend Stop Entries for One-Minute Tesla Trading

Summary

This document presents a SuperTrend strategy for Tesla on a one-minute chart. It calculates upper and lower trailing levels from the midpoint price and an average true range measure, using a multiplier of 3 and a period of 120. The trend state determines the active SuperTrend line. Stop orders are placed at the prior bar's corresponding trend level to enter long or short positions; an alternative commented approach triggers entries when price crosses those levels and executes on the next bar.

The accompanying report states 61% profit, 637 trades, 33% profitable trades, 4.84% drawdown, and a 0.4 Sharpe ratio. The author describes the standalone approach as potentially weak and suggests that its trade count could support adding filters. These figures concern the stated Tesla chart setup and do not establish results in other instruments or periods. The document provides no broader validation, and its own performance note cautions that past results do not predict future performance.

Key ideas

• The strategy derives trailing trend levels from average true range and a configurable multiplier.
• It uses stop orders at prior trend levels to open long and short positions.
• A commented alternative enters after price crosses a trend level, with execution on the next bar.
• The report lists 61% profit, 637 trades, 33% profitable trades, 4.84% drawdown, and a 0.4 Sharpe ratio.
• The author notes that standalone performance may be weak and that the reported results do not guarantee future outcomes.

Tags

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