SuperTrend Stop Entries on One-Minute Tesla Charts

Summary

This strategy applies a SuperTrend calculation to Tesla’s one-minute chart. It builds upper and lower levels from the midpoint of each bar and an ATR distance, then updates those levels so they trail as price moves. The trend state changes when price crosses the prior bar’s corresponding level. Stop orders are placed at these levels to enter long or short positions; the script also plots the trend line and crossover markers.

The author reports a historical result for the specified setup, including profit, trade count, win rate, drawdown, and Sharpe ratio, and notes that the strategy’s win rate was low. The post suggests the frequent trades could support adding filters, and contrasts stop entries at the SuperTrend level with next-bar execution after a crossover. These figures describe one historical chart and parameter choice only; they do not establish robustness or future profitability, and the document does not provide broader validation or detail on transaction-cost sensitivity.

Key ideas

• ATR-scaled bands around the bar midpoint define trailing SuperTrend levels.
• The trend state changes when price crosses a prior band, generating long or short stop entries.
• The reported example is for Tesla on a one-minute chart with stated SuperTrend settings.
• The author reports historical performance metrics and characterizes the strategy as needing further filtering.
• Results are specific to one setup and do not establish performance in other periods or instruments.

Tags

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