Supertrend Volume Strategy (C#)

Supertrend Volume Strategy

Supertrend Volume augments the Supertrend indicator with volume confirmation. Rising volume during a Supertrend flip strengthens the likelihood of a new impulse move.

Testing indicates an average annual return of about 145%. It performs best in the crypto market.

The strategy enters with the trend on a Supertrend signal only when accompanied by above-average volume.

Stops track the Supertrend line, exiting when price closes on the other side.

Details

• Entry Criteria: indicator signal
• Long/Short: Both
• Exit Criteria: stop-loss or opposite signal
• Stops: Yes, percent based
• Default Values:
  • CandleType = 15 minute
  • StopLossPercent = 2
  • SupertrendPeriod = 10
  • SupertrendMultiplier = 3
  • VolumePeriod = 20 A Supertrend flip, a close on the other side of the line, closes a position against it. The flip opens a position in its direction only when the candle's volume is above the average of the previous VolumePeriod candles, so a confirmed flip reverses the position.
• Filters:
  • Category: Trend following
  • Direction: Both
  • Indicators: Supertrend, Volume
  • Stops: Yes
  • Complexity: Intermediate
  • Timeframe: Intraday
  • Seasonality: No
  • Neural networks: No
  • Divergence: No
  • Risk level: Medium