Supertrend Strategy
Definition
The Supertrend strategy is based on the Supertrend indicator. It enters long whenever Supertrend changes its position from being above the chart to being below, and enters short when the opposite happens.
The underlying Supertrend indicator is described in detail in its respective Help Center article.
Inputs
ATR Length
The loopback length for the ATR calculation.
Factor
What the ATR is multiplied by to offset the bands from price.