Volume Supertrend Strategy (C#)

Volume Supertrend Strategy

This strategy uses Volume Supertrend indicators to generate signals. Long entry occurs when Volume > Avg(Volume) && Price > Supertrend (volume surge with uptrend). Short entry occurs when Volume > Avg(Volume) && Price < Supertrend (volume surge with downtrend). It is suitable for traders seeking opportunities in trend markets.

Testing indicates an average annual return of about 64%. It performs best in the forex market.

Details

• Entry Criteria:
  • Long: Volume > Avg(Volume) && Price > Supertrend (volume surge with uptrend)
  • Short: Volume > Avg(Volume) && Price < Supertrend (volume surge with downtrend)
• Long/Short: Both sides.
• Exit Criteria:
  • Long: Exit long position when Supertrend turns down
  • Short: Exit short position when Supertrend turns up
• Stops: Yes.
• Default Values:
  • VolumeAvgPeriod = 20
  • SupertrendPeriod = 10
  • SupertrendMultiplier = 3
  • CandleType = TimeSpan.FromMinutes(5)
  • StopLossPercent = 2 Avg(Volume) is the average volume of the previous VolumeAvgPeriod candles. A long closes once the Supertrend turns down and a short once it turns up; the stop is a fixed StopLossPercent of the entry price, watched between candles as well. An entry signal against an open position reverses it.
• Filters:
  • Category: Trend
  • Direction: Both
  • Indicators: Volume Supertrend
  • Stops: Yes
  • Complexity: Intermediate
  • Timeframe: Intraday
  • Seasonality: No
  • Neural networks: No
  • Divergence: No
  • Risk Level: Medium