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Supertrend Indicator Strategy — Set It and Forget It

r/technicalanalysisstocks4-hour or Dailyby reddit_community

Supertrend (10,3) for clear trend signals + 200 EMA directional filter. Long when green above 200 EMA, short when red below. Works on 4H and daily.

ENTRY RULES

Supertrend line turns green (bullish) + price above 200 EMA = long entry | Supertrend turns red (bearish) + price below 200 EMA = short entry | Only trade after candle closes to confirm signal | Ignore signals inside choppy/ranging market (check ADX > 25)

EXIT RULES

Exit long when Supertrend turns red | Exit short when Supertrend turns green | Trail stop using Supertrend line itself | Alternative: use 2 ATR from entry as stop | Close if ADX drops below 20 (trend weakening)

INDICATORS

SupertrendEMAADXATR

ORIGINAL POST

234
r/technicalanalysisposted by reddit_community

Supertrend Indicator Strategy — Set It and Forget It

The Supertrend indicator (ATR period 10, multiplier 3) gives clear buy/sell signals with no ambiguity. When the line turns green (price above Supertrend), go long. When it turns red (price below), go short or exit. Works best on trending assets. Combined with 200 EMA filter: only take longs above 200 EMA, only shorts below. Simple, visual, and profitable on 4H and daily charts.

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Supertrend Indicator Strategy — Set It and Forget It | iGotFomo Strategies