Two-Speed SuperTrend Strategy for Trend-Aligned Entries

Summary

This expert advisor combines two Kolier SuperTrend indicators operating on different timeframes. A slower indicator sets the permitted trend direction, while a faster one supplies the entry trigger when its line changes color. A trade signal is considered at bar close only when the faster signal agrees with the slow trend and the fast direction has just changed. The described setup uses a six-hour slow trend and a thirty-minute entry timeframe, with ATR-based indicator settings and configurable trade permissions, sizing, stop loss, and take profit.

The document refers to EURUSD testing for 2015 and says the reported tests used default inputs, with stop loss and take profit disabled. It provides no performance statistics in the text, so the mention of a results chart cannot establish profitability. The method depends on indicator signals and timeframe choices; the document does not explain robustness checks, costs, or out-of-sample performance. It also notes that supplementary higher-timeframe indicators are for tester visualization and that compiled indicator files are required for operation.

Key ideas

• The slow SuperTrend indicator defines the direction in which trades may be taken.
• The faster indicator triggers entry when its direction changes and agrees with the slow trend.
• Signals are evaluated at bar close, with configurable timeframes, ATR settings, and trade controls.
• The cited EURUSD test covers 2015, but the text supplies no numerical performance evidence.

Tags

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