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.
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 = 3m
CandleType = TimeSpan.FromMinutes(5)
StopLossPercent = 2.0m
[*]Filters:
Category: Trend
Direction: Both
Indicators: Volume Supertrend
Stops: Yes
Complexity: Intermediate
Timeframe: Intraday
Seasonality: No
Neural networks: No
Divergence: No
Risk Level: Medium