Triple Supertrend pullback strategy TESTED 100 times
Loses money
No edge after realistic trading costs
- trades tested
- 3,631
- per trade after costs
- -1.78bp
- winners
- 51%
- years of data
- 14.7
Three Supertrends on EURUSD 1h. When all three turn red, sell the first green (pullback) candle; when all three turn green, buy the first red candle; only the first such candle per all-aligned episode. Stop 2 x ATR, target 2 x ATR (1:1).
The exact rules we tested
- 01Instrument: EURUSD | Signal timeframe: 1h | Direction: both
- 02LONG sequence: 1. [(st1.dir > 0) AND (st2.dir > 0) AND (st3.dir > 0)] just became true this bar THEN 2. (close < open) AND (st1.dir > 0) AND (st2.dir > 0) AND (st3.dir > 0) (no time limit)
- 03SHORT sequence: 1. [(st1.dir < 0) AND (st2.dir < 0) AND (st3.dir < 0)] just became true this bar THEN 2. (close > open) AND (st1.dir < 0) AND (st2.dir < 0) AND (st3.dir < 0) (no time limit)
- 04Entry: market at next bar open
- 05Stop: 2.0 x ATR(14)
- 06Target: 1.0R (risk-multiple of stop)