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SuperTrend with Gann Targets and Staged Trailing Stops

Article Strategy library · Author: ianzeng123

Summary

This strategy pairs a SuperTrend direction signal, using a 28-period ATR and 5.0 multiplier, with Gann Square of Nine levels for target placement. It describes taking profits in three portions at stated risk multiples of 1.7, 2.5, and 3.0, then moving stop levels after the first and second targets. The published backtest settings specify daily ETH/USDT futures data over roughly a year, while the text also reports higher target attainment and per-trade profit than fixed-target alternatives.

Those performance claims are not accompanied here by detailed results, methodology, or comparison data, so they should be treated as unverified. The strategy itself warns that sideways markets can trigger repeated reversals and losses, and that trend changes may bring consecutive stop-outs. It recommends limiting per-trade risk, pausing after a losing streak, and testing parameters separately for each instrument. The source shown is incomplete, so the full implementation and exact Gann target calculation cannot be assessed from this document.

Key ideas

  • SuperTrend uses ATR to identify direction, with the described setup using a 28-period lookback and 5.0 multiplier.
  • Gann Square of Nine levels are presented as a way to adjust targets to nearby support or resistance.
  • The exit plan scales out at three stated risk multiples and adjusts stops after the first two targets.
  • The document warns that choppy markets can cause frequent reversals and consecutive losses.
  • Reported backtest advantages lack enough methodological detail here for independent evaluation.

Tags

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