Supertrend wipsaws can be reduced

[trader041984]

Hi Sumit,

Can u provide a screenshot of your recent trade indicating your entry, stop loss and timeframe for better understanding of your concept???

see this whipsaw. but we would be out of trade as fractal is not broken

 

[trader041984]

Hi Sumit,

Can u provide a screenshot of your recent trade indicating your entry, stop loss and timeframe for better understanding of your concept???

time frame 5 min

 

[trader041984]

Hope someone comes up with afl ..

 

[trader041984]

Ready to provide all the inputs and work together with the coder..

 

[pannet1]

View attachment 30768

see this whipsaw. but we would be out of trade as fractal is not broken

i am not here to spoil your party. but instead, please consider the breakout of the down fractral to the upside .... in an uptrend. of course this should be within the green bottom line of the supertrend. this gives a super low risk entry because the stop loss will be few ticks below the low of the candle that has the down fractal or the supertrend green line itself.

 

[pannet1]

Hi Sumit,

Here is a supertrend AFL you asked for. Need to modify it to have a fractal filter

 

[pannet1]

i recorded a video of semi automatic way on your proposed system and uploaded the video to youtube.

 

[satyavrat]

u can reduce whipsaws by adding rsi 14