Trend Following15m CandlesComplexity: Beginner
SuperTrend Trend Catcher with ATR Trailing Stop
A robust trend continuation architecture utilizing the SuperTrend (10, 3) indicator to stay in trades as long as the dominant price momentum persists, with dynamic ATR trailing stops to lock in accumulated profits.
Public & Generic Educational Strategy Notice: This strategy blueprint represents a publicly known mathematical formulation and standard technical analysis concept. Algo Software Innovations does NOT claim proprietary copyright, invention, or exclusive ownership over these formulas. You can adapt, customize, and deploy this logic to your private cloud VPS.
Mathematical Logic & Formula Formulation
SuperTrend Direction Flip confirmed by Price > 50 EMA for Longs, Price < 50 EMA for Shorts
Deterministic Entry Rules
Long Entry (BUY)
- ✓SuperTrend flips from Red (Sell) to Green (Buy).
- ✓Close price is strictly ABOVE 50 EMA (ensuring major trend alignment).
Short Entry (SELL)
- ✓SuperTrend flips from Green (Buy) to Red (Sell).
- ✓Close price is strictly BELOW 50 EMA.
Exit Criteria & Stop Loss Protection
Initial Stop LossSuperTrend green line level. Trails tick-by-tick automatically.
Target ProfitOpen trailing target (Exits on SuperTrend reversal or 1:3 RR reach).
Risk/Reward Expectancy1 : 3.0
Strategy Configuration Specs
Market Segment:NSE Cash Stocks & Stock Futures
Candle Timeframe:15m Candles
Risk-to-Reward Ratio:1 : 3.0
Throttling Compliance:≤ 10 OPS Enforced
Required TA-Lib Indicators:
SuperTrend (10, 3.0)EMA (50, Close)ATR (14)
Risk Management Controls
- •Risk capped at 1.5% portfolio equity per trade.
- •Trailing stoploss adjusts dynamically on every candle close.
Target Trader Profile:High-probability setup for swing and intraday positional stock traders.