asami.Multifactor + Supertrend AutoTrade

## Overview

The Pine Script strategy **“Multifactor + Supertrend AutoTrade”** combines the Supertrend indicator as a dynamic trend filter (using ATR to measure volatility) with a multifactor filter—short-term vs. long-term EMAs, MACD crossover, RSI overbought/oversold levels, and Bollinger Bands extremes—to suppress false signals and capture trend continuations. Buy signals trigger when all multifactor conditions are met **and** price crosses above the Supertrend line; similarly, sell signals trigger when the inverse multifactor conditions are met **and** price crosses below the Supertrend line. Webhook alerts make it ready for seamless automated trading integration.

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## Component Breakdown

### Supertrend

* Uses ATR to draw a volatility-adjusted trend line on the chart.
* When the line is green and below price → bullish trend; when red and above price → bearish trend.

### EMA (Exponential Moving Average)

* Places more emphasis on recent price data for quicker trend response.
* A crossover of the fast EMA above the slow EMA signals bullish momentum, and vice versa.

### MACD (Moving Average Convergence Divergence)

* Calculates the difference between two EMAs (default 12 and 26) and compares it to a 9-period signal EMA.
* A bullish signal is when the MACD line crosses above its signal line; bearish when it crosses below.

### RSI (Relative Strength Index)

* Oscillator measuring the speed and change of price movements on a 0–100 scale.
* Readings above 70 indicate overbought conditions; below 30 indicate oversold.

### ATR (Average True Range)

* Quantifies market volatility by averaging true price ranges over a set period.
* Often used to size stops or gauge how far price may move.

### Bollinger Bands

* Plots an SMA (default 20) with upper and lower bands offset by ±2 × standard deviation.
* Bands widen during high volatility and contract during low; price touches can indicate extremes.

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## Signal Logic

1. **Multifactor Filters**

* **`mfBuy`**: Fast EMA > Slow EMA **AND** MACD > Signal **AND** RSI < 30 **AND** Close < Lower BB
* **`mfSell`**: Fast EMA < Slow EMA **AND** MACD < Signal **AND** RSI > 70 **AND** Close > Upper BB
2. **Supertrend Crossover**

* **Buy** when `mfBuy` is true **AND** `ta.crossover(close, st)`
* **Sell** when `mfSell` is true **AND** `ta.crossunder(close, st)`
3. **Automated Orders**

```pine
strategy.entry("Long", strategy.long, comment="Long", alert_message="LONG_SIGNAL")
strategy.entry("Short", strategy.short, comment="Short", alert_message="SHORT_SIGNAL")
```
4. **Alerts**

```pine
alertcondition(buyCond, title="Long Alert", message="{{strategy.order.alert_message}}")
alertcondition(sellCond, title="Short Alert", message="{{strategy.order.alert_message}}")
```

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## Key Advantages

* **Robust Filtering**: Combining multiple indicators greatly reduces whipsaws compared to single-indicator systems.
* **Dynamic Trend Detection**: Supertrend adapts to changing volatility, helping to enter only in genuine trends.
* **Highly Customizable**: All lookback periods, thresholds, and multipliers are exposed as inputs for fine-tuning.

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## Parameter Tuning Tips

* **Supertrend ATR & Factor**: Shorter ATR or smaller factor → more frequent signals but potentially more noise; longer/slower for fewer, smoother signals.
* **EMA Periods**: Adjust fast/slow EMA lengths (e.g. 5/20, 10/50) to match the time horizon of your chosen market.
* **RSI Thresholds**: You can shift from classic 70/30 to tighter bands (e.g. 60/40) if you want earlier signals.
* **Bollinger Settings**: Tweaking the standard-deviation multiplier (1.5–2.5) changes how “extreme” price must be to qualify.

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## Risk Management & Best Practices

* **Backtest & Forward Test**: Validate on both historical data and live demo before going live.
* **Latency Considerations**: Account for webhook and broker execution delays—consider external order management logic if needed.
* **Position Sizing**: Use the built-in `% of equity` sizing (`default_qty_type=strategy.percent_of_equity`) or your preferred money-management rules.