Guide
How does the Triple Supertrend with EMA and ADX strategy strategy work ?
The Triple Supertrend with EMA and ADX strategy employs three Supertrend indicators to drive entry and exit signals, enhanced by ADX and EMA filters for refined trade selection. The strategy enters long positions when all three Supertrend indicators show a positive direction and, if the option is selected, the ADX is above a defined threshold while the price is also above the EMA.
For exit, when the first Supertrend turns negative, it triggers the closing of the long position. The reverse logic applies for short positions: entry occurs when all Supertrend indicators turn negative and, if filtered, the ADX condition is met with the price below the EMA. Positions exit when the first Supertrend turns positive.
- Reentry Option: Traders can choose to allow or avoid reentry into the same direction based on their strategic preference. If enabled, reentry is possible under the same entry conditions without waiting for an opposite signal.