logo
TradeSearcher

Triple Supertrend with EMA and ADX strategy

Script from: TradingView

Swing

Trend following

Momentum

Leverage the power of three Supertrend indicators with EMA and ADX filters to refine trade entries. Enter trades when all Supertrends turn positive, the ADX is above a selected level, and the price is above the EMA. Exit upon the first Supertrend turning negative. Includes a re-entry filter option to capture trends effectively. Suitable for traders seeking a structured approach to trend-following strategies.

VeChain / TetherUS (VETUSDT)

+ Triple Supertrend with EMA and ADX strategy

@ Daily

1.71

Risk Reward

7,488.84 %

Total ROI

121

Total Trades

Fetch.AI / TetherUS (FETUSDT)

+ Triple Supertrend with EMA and ADX strategy

@ Daily

1.48

Risk Reward

10,145.22 %

Total ROI

107

Total Trades

BONK / TetherUS (BONKUSDT)

+ Triple Supertrend with EMA and ADX strategy

@ Daily

1.45

Risk Reward

142.85 %

Total ROI

26

Total Trades

SHIB / TetherUS (SHIBUSDT)

+ Triple Supertrend with EMA and ADX strategy

@ Daily

1.44

Risk Reward

946.60 %

Total ROI

69

Total Trades

AVAX / TetherUS (AVAXUSDT)

+ Triple Supertrend with EMA and ADX strategy

@ Daily

1.38

Risk Reward

8,929.39 %

Total ROI

88

Total Trades

FLOW / TetherUS (FLOWUSDT)

+ Triple Supertrend with EMA and ADX strategy

@ Daily

1.31

Risk Reward

200.83 %

Total ROI

69

Total Trades

Rent the Runway, Inc. (RENT)

+ Triple Supertrend with EMA and ADX strategy

@ 2 h

1.36

Risk Reward

797.59 %

Total ROI

231

Total Trades

Alstom (ALO)

+ Triple Supertrend with EMA and ADX strategy

@ 15 min

1.33

Risk Reward

472.92 %

Total ROI

1327

Total Trades

Stellantis NV (STLAP)

+ Triple Supertrend with EMA and ADX strategy

@ Daily

1.27

Risk Reward

501.74 %

Total ROI

491

Total Trades

Bank of America Corporation (BAC)

+ Triple Supertrend with EMA and ADX strategy

@ 2 h

1.22

Risk Reward

1,805.05 %

Total ROI

1375

Total Trades

Stellantis NV (STLAP)

+ Triple Supertrend with EMA and ADX strategy

@ 2 h

1.20

Risk Reward

865.02 %

Total ROI

869

Total Trades

General Motors Company (GM)

+ Triple Supertrend with EMA and ADX strategy

@ 1 h

1.16

Risk Reward

321.14 %

Total ROI

1307

Total Trades
Create your account for free to see all 62+ backtests

Access filters, details, best timeframes, explore 100K+ backtests and more

Active Trades

Create your account  to see on which symbols Triple Supertrend with EMA and ADX strategy is currently trading on.

Popular TradingView Strategies

Find the best trading strategy for your trading styte

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.

How to use the Triple Supertrend with EMA and ADX strategy strategy ?

This trading strategy uses three Supertrend indicators, a 200-period Exponential Moving Average (EMA), and the Average Directional Index (ADX) to find trend-following entry and exit points. The strategy goes long when all Supertrend indicators signal an uptrend and the ADX confirms a strong trend with prices above the EMA. It goes short under the opposite conditions.

To trade this strategy manually:

  • Supertrend Indicators: Add three Supertrend indicators on your chart with multiplier and period settings (ATR Multiplier: 1, 2, 3 and Periods: 10, 15, 20).
  • Exponential Moving Average (EMA): Apply a 200-period EMA to the chart.
  • Average Directional Index (ADX): Set a 14-period ADX with 14-period DI lines, using 25 as a strong trend threshold.
  • Long Entry Condition: Wait for all Supertrend lines below the price, price above the 200 EMA, and ADX above 25.
  • Short Entry Condition: Wait for all Supertrend lines above the price, price below the 200 EMA, and ADX above 25.
  • Exit Long: When the first Supertrend line flips above the price, signaling a downtrend.
  • Exit Short: When the first Supertrend line flips below the price, signaling an uptrend.

How to optimize the Triple Supertrend with EMA and ADX strategy trading strategy ?

Enhancing the Triple Supertrend with EMA and ADX strategy for manual trading involves refining entry and exit criteria, incorporating additional indicators for confirmation, and optimizing parameters for better market adaptability. Here’s a structured plan on how to improve this strategy:

  • Refine Supertrend Indicators:
    • Test different ATR multipliers and periods to adjust the sensitivity of Supertrend signals. Tailor these parameters to different timeframes to capture appropriate volatility levels.
    • Evaluate the use of a trailing stop based on Supertrend lines to better manage profitability and limit risk during high volatility periods.
  • Optimize EMA and ADX Filters:
    • Try using multiple EMA periods (e.g., 50, 100, and 200) to capture shorter, medium, and long-term trends, enhancing the robustness of the price-action context.
    • Experiment with different ADX thresholds to identify varying strength trends suitable for different market conditions, like ranges, reversals, or strong trending environments.
  • Incorporate Additional Indicators:
    • Integrate RSI or a Stochastic Oscillator to identify overbought or oversold conditions, ensuring high probability entry points and preventing premature exits.
    • Use volume indicators or volume profile tools to confirm trend strength and avoid low-volume traps typically indicative of weak trends or false breakouts.
  • Enhance Entry and Exit Criteria:
    • Implement a multi-timeframe approach by syncing the strategy with higher-timeframe Supertrend trends to align entries with broader market movements.
    • Set up a conditional check where the closing price must cross the Supertrend line with momentum (evidenced by high volume or a confirmatory candle pattern) for added entry validity.
  • Adaptive Management and Reentry:
    • Introduce adaptive stop-loss mechanisms that adjust according to market volatility, possibly using ATR, to secure profits without being stopped out prematurely.
    • Make reentry decisions based on price action analysis along with the strategy signals, especially during strong trends, ensuring reentries add value and do not increase risk.
  • Monitor Market News and Events:
    • Incorporate awareness of economic calendars to avoid trading during major news releases that can cause unpredictable volatility, potentially skewing strategy results.

For which kind of traders is the Triple Supertrend with EMA and ADX strategy strategy suitable ?

This strategy is ideally suited for traders who favor a structured, rule-based approach to trend trading. It's particularly beneficial for:

  • Trend Traders: Those who aim to capture market trends using the directionality determined by multiple Supertrends, enhanced by filters like EMA and ADX to confirm momentum and trend strength.
  • Swing Traders: Traders who focus on capturing multi-day trends as the strategy's reliance on the 200-period EMA and higher timeframes like 4-hour or daily charts allow for entries that ride significant market moves.
  • Technical Analysts: Investors who prefer making trade decisions based on chart analysis will find this strategy valuable, thanks to its reliance on technical indicators.

The strategy is designed for longer time frames and thus is less suited for scalpers or day traders seeking rapid entries and exits within minutes. It caters to those looking for opportunities that can exploit sustained trend moves, minimizing noise through confirmation filters.

Key Takeaways of Triple Supertrend with EMA and ADX strategy

  • Strategy Overview: The strategy uses three Supertrend indicators, a 200-period EMA, and ADX to identify trend-following entry and exit points.
  • How It Works: Long trades are initiated when all Supertrend indicators are positive, ADX confirms a strong trend, and prices are above the EMA, reversing for shorts.
  • Who It’s For: Suited for trend and swing traders seeking structured, rule-based strategies on higher timeframes, capturing multi-day trend moves.
  • Using the Strategy: Can be automated or used manually on platforms like TradingView, utilizing alerts for indicator conditions, combined with manual market analysis for validation.
  • To Enhance It: Optimize parameters through backtesting, incorporate additional indicators like RSI for confirmation, and utilize a multi-timeframe approach for broader market alignment.
  • Risk Management: Use adaptive stop-losses based on ATR to tailor risk according to market volatility, and incorporate trailing stops to secure profits during favorable moves.
  • Market Awareness: Monitor economic calendars to avoid significant news events that could disrupt the technical setup of the strategy.
Explore the best Trading & TradingView strategies

Stop trading blindly. Explore the best strategies among 100K+ backtests and improve your trading skills with data.


logo

Loved by more than 3200+ traders

Explore

Crypto

Forex

Bitcoin

AI Strategies

Day Trading

Swing Trading

Trading is a risky activity and the majority of traders lose money. This website and the products and services offered by TradeSearcher are for informational & educational purposes only. TradeSearcher does not guarantee the accuracy, relevance, timeliness, or completeness of any information on its website.

All Trading Strategies displayed on this website are simulated backtests and does not represent actual trading results. Past backtests results do not predict or guarantee future performance.

TradeSearcher uses public snapshot data sourced from third-party tools, including TradingView. While we strive to present accurate and timely information, TradeSearcher does not have control over these third-party tools and cannot verify, guarantee, or be held responsible for the accuracy or completeness of data sourced from them. Users acknowledge and agree that TradeSearcher is not affiliated with, endorsed by, or sponsored by TradingView or any other third-party data provider. Any reliance on data or tools sourced from third parties is at the user's own risk.

Backtests and Charts used on this site are by TradingView in which our backtests are built on. TradingView® is a registered trademark of TradingView, Inc. www.TradingView.com.

Users of TradeSearcher are responsible for conducting their own due diligence and making their own investment decisions. Before making any investment, it is recommended that users consult with a qualified professional to ensure that the strategy or investment is suitable for their individual circumstances.

TradeSearcher and its affiliates, employees, agents, and licensors will not be held liable for any decisions made based on the information provided on the website or any damages or losses that may arise directly or indirectly from the use of the website or the information contained therein.

This does not represent our full Disclaimer. Please read our Full Disclaimer before using this site.

© 2023 TradeSearcher. All rights reserved.