๐ Positional ยท Multi-timeframe
Supertrend + RSI (positional)
Weekly Supertrend for direction; daily RSI for timing entries. Enter only when weekly Supertrend is bullish AND daily RSI recovers from oversold. Trail the weekly Supertrend as stop.
Setup
- Higher timeframe: weekly Supertrend (10, 3) for the trend regime โ green below price is bullish
- Lower timeframe: daily RSI(14) for entry timing โ oversold recovery = long trigger
- Only take longs when weekly Supertrend is green (and shorts when red)
Entry
Long: weekly Supertrend green AND daily RSI crosses back above 30 from below (exit from oversold). Enter on the next daily bar's open. Short: mirror โ weekly Supertrend red, daily RSI crosses back below 70.
Exit
Take partial profit when daily RSI reaches 70 (long) or 30 (short). Full exit when the weekly Supertrend flips (dots move to the other side of price).
Stop-loss
Use the weekly Supertrend line as the trailing stop โ as long as the weekly regime holds, the position stays open.
When it works
- Sustained weekly trends of 8-20 weeks โ the setup thrives in these regimes
- Daily RSI oversold/overbought reversals are sharp and clean
- Both timeframes agree โ the whole point of multi-timeframe analysis
When it fails
- Weekly Supertrend flipping every 3-4 weeks (choppy weekly action)
- Daily RSI stays pinned in overbought/oversold โ trend is too strong for RSI mean reversion
- Taking counter-trend signals โ always respect the weekly Supertrend colour
General trading rules that apply
Regardless of the specific setup, these apply to every strategy on this site:
- Never risk more than 2% of your account on a single trade
- Place a hard stop-loss before entering โ no exceptions
- Journal every trade: setup, reason, outcome, one lesson
- After two consecutive losses, stop for the session
- Backtest and paper-trade for a month before deploying real capital
Every strategy here is part of our in-house catalogue, written and calibrated for Indian markets. Past behavior does not guarantee future results. Charts run against 2-year Nifty data โ actual results in your account will vary. Backtest, paper-trade, and size responsibly before risking real capital.