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Supertrend Filtered Sniper

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Supertrend + QQE MOD + DEMA + VWAP Multi-Confluence Strategy

A professional-grade indicator combining multiple technical confluences for high-probability trade signals

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📊 OVERVIEW

This indicator combines 4 powerful technical systems into one comprehensive trading tool. It only generates signals when ALL confluences agree, resulting in fewer but higher-quality trade opportunities. Perfect for day traders, scalpers, and prop firm challenges.

✅ Signals only fire when ALL conditions align:
- Both Supertrends bullish/bearish
- Price on correct side of DEMA 200
- QQE MOD confirmation
- Optional: VWAP filter, ADX filter, RSI filter, Session filter

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🔧 CORE COMPONENTS

1. Dual Supertrend System
- Supertrend #1: Primary trend identification (default: 10 period, 2.0 multiplier)
- Supertrend #2: Fast trend + exit signal (default: 1 period, 2.0 multiplier)
- Both must agree for entry signals
- ST2 flip triggers automatic exit signals

2. DEMA 200 Filter
- Double Exponential Moving Average for major trend direction
- Longs only: Price above DEMA
- Shorts only: Price below DEMA
- Gradient visualization shows trend strength

3. QQE MOD (Quantitative Qualitative Estimation)
- Advanced momentum oscillator with Bollinger Bands
- Identifies strong directional moves
- Filters out weak/choppy conditions
- Based on dual RSI calculations with dynamic thresholds

4. VWAP Filter (Optional)
- Volume Weighted Average Price for institutional flow
- Longs only: Above VWAP
- Shorts only: Below VWAP
- Ensures you trade with institutional momentum

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⚙️ ADDITIONAL FILTERS

Session Filter
Choose which trading sessions to allow signals:
- Asian: 6PM - 3AM EST (Tokyo hours)
- London: 3AM - 8AM EST (London open)
- New York: 8AM - 4PM EST (US market hours)
- After Hours: 4PM - 6PM EST
- Enable multiple sessions or just one - your choice!

ADX Filter (Optional)
- Only take signals when ADX > threshold (default 18)
- Ensures strong trending conditions
- Filters out ranging/choppy markets

RSI Filter (Optional)
- Avoid overbought longs (>80 RSI)
- Avoid oversold shorts (<20 RSI)
- Prevents counter-trend entries at extremes

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📈 HOW TO USE

Entry Signals:
- BUY: Green "BUY" label appears when all bullish confluences align
- SELL: Red "SELL" label appears when all bearish confluences align
- Signals only fire once per setup (no repetitive alerts)

Exit Signals:
- EXIT: Orange "X" appears when Supertrend #2 flips direction
- Automatic exit logic built-in
- Can also exit at predetermined R:R targets

Status Table:
- Real-time confluence dashboard
- Shows each indicator's current state
- Green checkmarks = conditions met
- Easy visual confirmation before entering

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🎨 VISUAL FEATURES

- Gradient Supertrend lines with transparency
- Color-coded candles based on DEMA position
- Automatic highlighting of trend zones
- Clear BUY/SELL/EXIT labels
- Yellow VWAP line (toggleable)
- Professional status table with checkmarks
- Small circles mark Supertrend direction changes

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🔔 ALERT SYSTEM

Pre-configured alerts for:
- BUY Signal Confirmed
- SELL Signal Confirmed
- EXIT Long Position
- EXIT Short Position
- Any Entry Signal (combined)
- Any Exit Signal (combined)

Set once-per-bar-close alerts for automated trading

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⚠️ RISK DISCLAIMER

This indicator is a tool for analysis and should not be used as the sole basis for trading decisions. Always:
- Backtest thoroughly before live trading
- Use proper risk management (1% rule)
- Consider market conditions and fundamentals
- Practice on demo accounts first
- Never risk more than you can afford to lose

Past performance does not guarantee future results.

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📝 CREDITS

Original concept inspired by UNITED's confluence strategy
Enhanced and coded by jaredskii with assistance from ChatGPT
QQE MOD calculations based on standard QQE indicator methodology

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