BEST Supertrend Strategy for Daytrading Forex (Supertrend Tutorial)
Loses money
No edge after realistic trading costs
- trades tested
- 3,632
- per trade after costs
- -3.89bp
- winners
- 34%
- years of data
- 14.8
Supertrend (10, 3) filtered by the 200 EMA: go long when the Supertrend is green and price is above the 200 EMA (short when red and below), and close when the Supertrend flips colour. The video also teaches a triple-Supertrend colour-agreement system and a Supertrend + Kumo cloud system.
The exact rules we tested
- 01Instrument: EURUSD | Signal timeframe: 30m | Direction: both
- 02LONG when: [(st.dir > 0) AND (close > ema200)] just became true this bar
- 03SHORT when: [(st.dir < 0) AND (close < ema200)] just became true this bar
- 04Entry: market at next bar open
- 05Stop: none (as taught - the trade closes only on its exit rule) [the video gives none]
- 06Exit longs when: st.dir crosses below 0
- 07Exit shorts when: st.dir crosses above 0