Trend Following5m / 15m CandlesComplexity: Intermediate
Triple SuperTrend Multi-Period Confluence
Combines three distinct SuperTrend parameter speeds (Fast 7,1 / Medium 10,2 / Slow 14,3). Enters trades only when all 3 SuperTrends align in the same color, producing an ultra-high win-rate trending filter.
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
Signal = 1 (BUY) only when ST(7,1) == Green AND ST(10,2) == Green AND ST(14,3) == Green
Deterministic Entry Rules
Long Entry (BUY)
- ✓All three SuperTrends (7,1), (10,2), and (14,3) show Green BUY signal simultaneously.
Short Entry (SELL)
- ✓All three SuperTrends (7,1), (10,2), and (14,3) show Red SELL signal simultaneously.
Exit Criteria & Stop Loss Protection
Initial Stop LossSlow SuperTrend (14, 3.0) line level.
Target ProfitTrailing until Fast SuperTrend reversal.
Risk/Reward Expectancy1 : 2.5
Strategy Configuration Specs
Market Segment:Nifty Index Futures & BankNifty F&O
Candle Timeframe:5m / 15m Candles
Risk-to-Reward Ratio:1 : 2.5
Throttling Compliance:≤ 10 OPS Enforced
Required TA-Lib Indicators:
SuperTrend (7, 1.0)SuperTrend (10, 2.0)SuperTrend (14, 3.0)
Risk Management Controls
- •Trailing stoploss automatically locks 50% profits once +1.5% is gained.
Target Trader Profile:Exceptional for traders seeking to avoid false whipsaws in index options.