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How to create a Strategy with Supertrend Indicator filteredv by Multi Timeframes

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birdy70

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9 years ago #113484

Hello Marc,

 

is it possible to create a strategy with a Supertrend Indicator, where the indicator is filtered with two Timeframes?

 

For Example: GO LONG, if Supertrend is in 5 Minutes Chart (I see it in my big Chart Window) below the Market Price and if the Supertrend is below the Market Price in 15 and/or 30 Minutes Timeframe.

 

The Example, you see attached, was created with the Trading Station from FXCM, where I have a Supertrend Indicator Heat Map, that shows, if the Indicator is below the Market Price in 15/30 Minutes Timeframe too, the colour is green for LONG Signals or red for SHORT Signals. 

 

And how to create a GO LONG Trading Rule with the Advanced ADX Indicator, for example:

first Candle: ADX is above 25 Level,

second Candle: ADX is higher then the first Candle

third Candle: ADX is higher then the second Candle

then GO LONG at the fourth Candle

 

Thanks for your Feedback, hope it will work.

 

Best Regards

Björn

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birdy70

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9 years ago #129402

Here is the attached File!

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