OPEN-SOURCE SCRIPT

supertrend long

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📌 Supertrend Short Strategy — Bear Trend Filter

This strategy focuses on short entries during bearish conditions using Supertrend direction as a trend filter.

🔍 Core Logic

Detects bearish trend using Supertrend calculation.

Only executes entries in the direction of the main trend.

Trade signal occurs when a breakdown happens below short-term structure or after continuation momentum.

Stop Loss and Take Profit levels are automatically calculated using previous volatility.

🎯 Best Use Case

Recommended timeframes: 1H / 4H

Works on crypto, FX and index futures charts.

Designed for momentum continuation and retest failures, not for reversal trading.

🛡 Risk Management & Features

Automatic dynamic SL/TP placement

No repaint on historical signals

Provides alert conditions for automation usage (Webhook / Bot)

⚠ This script is not financial advice. It is a technical research tool intended for educational and testing purposes.

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