Supertrend Strategy With Multi Tp & Tsl

Hello Traders,

This strategy is based on the popular Supertrend indicator, which many traders use as a simple trend-following tool. The core entry logic is straightforward:

Buy (Long) when the price closes above the Supertrend line.
Sell (Short) when the price closes below the Supertrend line.

However, trading success isn’t only about entries — proper risk management makes all the difference. That’s why this strategy includes four stop-loss methods, two take-profit types, and a trailing stop-loss system. You can customize all of these settings to create your own personalized version.

🛑 Stop-Loss Methods

Tick – Uses the instrument’s smallest price increment. Ideal for tick-based markets such as Futures or Forex.

Percent – Defines the stop-loss as a percentage of entry price. Commonly used in Crypto trading.

ATR – Uses the Average True Range value to determine stop-loss distance. Perfect for adapting to changing market volatility.

Supertrend – The stop-loss level is set at the Supertrend line value at the time of entry.

🔁 Trailing Stop-Loss & Reverse Signals

Trailing SL: If enabled, the chosen stop-loss method will trail the price dynamically from the moment the position opens.

Close with Reverse Signals: When activated, the current position closes and reverses on an opposite signal. If disabled, the strategy waits until the current position is closed before opening a new one.

🎯 Take-Profit Options

Tick – Set a fixed take-profit level based on tick distance.

Percent – Set take-profit based on a percentage change from entry.

Ratio – Sets take-profit based on the entry-to-stop-loss distance × ratio value.

Each take-profit method allows you to define the percentage of position to close at that level.

⚖️ Breakeven Option

When Breakeven is enabled, after the first take-profit is triggered, the stop-loss automatically moves to the entry level, protecting your capital.

⚙️ Additional Settings

Position Type: Choose between Long only, Short only, or Both directions.

Session Filter: Trade only during specific time ranges. Activate this option and set your desired session hours (make sure to select your correct timezone).

📈 Visuals

The strategy plots entry, stop-loss, and take-profit levels directly on the chart, allowing you to clearly visualize your trades and manage them effectively.

Feel free to ask any questions or suggest improvements — this strategy is built for flexibility and experimentation!