Triple SuperTrend Direction with ADX and Optional Filters

Summary

This strategy combines three SuperTrend calculations with different ATR periods and multipliers to represent fast, medium, and slow directional signals. Their directions are combined into a trend-strength score, while an ADX threshold filters for stronger movement. The visible settings offer entry modes based on agreement among the three signals, and optional rising-ADX, volume, and higher-timeframe filters. Position sizing can use equity risk and a minimum ATR-based stop distance.

The supplied source ends partway through the sizing calculations, before the complete entry, exit, and order management logic is shown. Although the page includes a strategy report section, it provides no performance figures or evaluated markets in the supplied text. The listed parameter defaults therefore describe configuration, not validated results. Readers cannot assess the full trade rules, risk behavior, or robustness from this excerpt; costs and slippage settings are present in the script header but do not substitute for reported testing evidence.

Key ideas

• Three SuperTrend signals with distinct ATR settings are combined to represent direction across speeds.
• An ADX floor can filter entries, with an optional requirement that ADX is rising.
• Optional filters use volume and a higher-timeframe SuperTrend direction.
• The visible sizing logic relates equity risk to a stop distance with an ATR-based floor.
• The source excerpt ends before full order logic and provides no performance results.

Tags

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