Triple Supertrend Signals with Optional EMA and ADX Trend Filters

Summary

This strategy combines three Supertrend indicators with different ATR multipliers and lookback periods. A long signal occurs when all three indicate an upward direction; a short signal occurs when all three indicate a downward direction. An optional filter requires ADX to exceed a chosen threshold and price to be above the EMA for longs or below it for shorts. The script also offers a re-entry setting and closes positions when the first Supertrend reverses direction.

The document is a published TradingView script dated April 2022 and includes parameter ranges and implementation logic, but it supplies no market, backtest period, or performance statistics. The EMA and ADX filter is optional, so the unfiltered strategy relies on agreement among the three Supertrends alone. The described rules are trend-following and may react late to reversals; the source does not establish that combining indicators improves profitability. Instrument choice, transaction costs, and timeframe are unspecified, limiting conclusions about practical results.

Key ideas

• Three Supertrend calculations with distinct ATR settings must agree to trigger directional entries.
• The optional filter requires ADX strength and places price on the matching side of an EMA.
• A re-entry option controls whether the strategy can enter again while a directional condition persists.
• Positions close when the first Supertrend changes direction.
• The publication provides code and settings but no backtest evidence or stated instrument.

Tags

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