Supertrend Indicator Trading Strategy Tested 100 Times - Full Result
Loses money
No edge after realistic trading costs
- trades tested
- 2,518
- per trade after costs
- -2.76bp
- winners
- 33%
- years of data
- 14.7
On the 15-minute GBPUSD chart, take Supertrend buy signals only when price is above the 200 EMA and sell signals only when below it, entering at the close of the signal candle. The stop is the Supertrend line and the target is 2x the risk (the presenter reports 100 trades graded at 1:1.6).
The exact rules we tested
- 01Instrument: GBPUSD | Signal timeframe: 15m | Direction: both
- 02LONG when: st.dir crosses above 0
- 03SHORT when: st.dir crosses below 0
- 04Long filter: close > ema200
- 05Short filter: close < ema200
- 06Entry: market at the signal bar's close
- 07Stop: at the st.line level
- 08Target: 2.0R (risk-multiple of stop)
- 09Entry fills at the signal bar's close (market-on-close)