Supertrend Reversal Strategy (C#)

The Supertrend indicator combines ATR and price to produce trailing support or resistance. When the Supertrend line flips from above to below price or vice versa, it suggests a potential trend change. This strategy trades those flips. On each candle an ATR-based calculation updates the Supertrend level. A switch from above price to below triggers a long entry, while a move from below to above creates a short. The code sample omits explicit stops, so exits are discretionary or managed by a separate risk module. The indicator can react quickly to volatility, so traders often combine it with additional filters to reduce whipsaws.

• Entry Criteria: Supertrend switches sides relative to price.

• Long/Short: Both.

• Exit Criteria: Manual or external stop.

• Stops: Not defined.

• Default Values:

• Period = 10

• Multiplier = 3.0

• CandleType = 15 minute [*]Filters:

• Category: Trend following

• Direction: Both

• Indicators: Supertrend

• Stops: Optional

• Complexity: Basic

• Timeframe: Intraday

• Seasonality: No

• Neural networks: No

• Divergence: No

• Risk level: Medium