OPEN-SOURCE SCRIPT

supertrend long

79
📌 Supertrend Short Strategy — Bear Trend Filter

This strategy focuses on short entries during bearish conditions using Supertrend direction as a trend filter.

🔍 Core Logic

Detects bearish trend using Supertrend calculation.

Only executes entries in the direction of the main trend.

Trade signal occurs when a breakdown happens below short-term structure or after continuation momentum.

Stop Loss and Take Profit levels are automatically calculated using previous volatility.

🎯 Best Use Case

Recommended timeframes: 1H / 4H

Works on crypto, FX and index futures charts.

Designed for momentum continuation and retest failures, not for reversal trading.

🛡 Risk Management & Features

Automatic dynamic SL/TP placement

No repaint on historical signals

Provides alert conditions for automation usage (Webhook / Bot)

⚠ This script is not financial advice. It is a technical research tool intended for educational and testing purposes.

免责声明

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.