Trendline Breaks with Multi Fibonacci Supertrend Strategy

Trendline Breaks with Multi Fibonacci Supertrend Strategy at a glance

Kind of rule	Joining a move (trend following)
Buys or sells	It can buy, and it can bet on falling prices.
Built on	ATR, EMA, Fibonacci, Pivot points, SMA, Supertrend, pivot low, value when
Where it was published	TradingView, by its author, as a Pine Script strategy
Tested on	66 cells: 15 coins, October 2021 to June 2026, no fee
Cells that placed a trade	64 of 66
Middle result before fees	−4.3%
Cells above zero	0 of 64
Middle drawdown before fees	4.4%
Page updated	2026-11-08

Trendline Breaks with Multi Fibonacci Supertrend Strategy backtest results, every cell

Every cell is in the picture, not only the strongest. To the right of the black line is above zero. The orange line, when you see one, is the middle.

How Trendline Breaks with Multi Fibonacci Supertrend Strategy works

Rules in this group usually work like this. It waits until price is already moving, then joins that move. It is wrong in small ways many times, and right in a large way a few times. The hard part is the stretch where price chops around and every entry is a fake. The next paragraph is this particular rule, which can be narrower than the group.

It can buy, and it can bet on falling prices. It acts only when several checks agree at once. It leans on ATR, EMA, pivot high, pivot low; those names are explained on their own pages, further down. The exact line is in the list below, in the author's names, and you can skip that list. It gets out when the previous close crosses below the 21-period EMA of average trend.

Each trade uses 4 percent of the account. It can stack up to 2 trades in the same direction.

The exact condition, from the code

Same rule, translated from the code, in the author's names. You can skip this list if the paragraph above was enough.

• Enters long when Enable Long Positions and upper breakout state is above the previous upper breakout state and ((smoothed directional plus / smoothed true range) × 100) is above ((smoothed directional minus / smoothed true range) × 100) and the close is above the 21-period EMA of average trend.
• Enters short when Enable Short Positions and lower breakout state is above the previous lower breakout state and ((smoothed directional minus / smoothed true range) × 100) is above ((smoothed directional plus / smoothed true range) × 100) and the close is below the 21-period EMA of average trend.
• Closes the position when the previous close crosses below the 21-period EMA of average trend.
• Closes the position when the previous close crosses above the 21-period EMA of average trend.
• Keeps a target at (undefined when Enable Trailing Take Profit, else long take profit price), a stop at long stop loss price, a trailing stop working while the position is open.
• Keeps a stop at long stop loss price working while the position is open.

Buys or sells	It can buy, and it can bet on falling prices.
Tools it calculates	ATR, EMA, Fibonacci, Pivot points, SMA, Supertrend, pivot low, value when
A second chart speed	No. It uses one chart speed only.
Only at certain hours	No.
Adding to a trade	It can stack up to 2 trades in the same direction.
How much it trades	Each trade uses 4 percent of the account.
Cost the author assumed	The author assumed a trading cost of 0.03 percent per side.

Default settings

The test used the defaults in the middle column. Nothing was turned to help a coin.

Setting	Default	Group
ATR Length	13
Factor 1 (Weak/Fibonacci)	0.618
Factor 2 (Medium/Golden Ratio)	1.618
Factor 3 (Strong/Extended Fib)	2.618
Smoothing Length	21
Swing Lookback Period	8
ATR Slope Multiplier	1
Show Extended Lines	on
Use Backpainting	on
DMI Length	13
Enable Long Positions		Strategy Settings
Enable Short Positions		Strategy Settings
Fast SMA Length		Strategy Settings
Slow SMA Length		Strategy Settings
ATR Length for SL/TP	13	Risk Management
Stop Loss Method		Stop Loss
Long Position Stop Loss %		Stop Loss
Short Position Stop Loss %		Stop Loss
Long Position ATR Multiplier		Stop Loss
Short Position ATR Multiplier		Stop Loss
Trailing Stop Loss Mode		Stop Loss
Move to Break Even After TP		Stop Loss
Take Profit Quantity %		Take Profit
Take Profit Method		Take Profit

and 10 more settings, left at the author's defaults.

How the backtest was run

Every strategy was tried the same way, on the settings the author published.

The years are October 2021 to June 2026. The prices are from Bybit, for 13 widely traded coins, mostly on hourly, 4-hour and daily charts, with some faster charts. That was 47,242 tries. The window stored in the files is 2021-09..2026-06.

599 rules produced a finished try. A rule that finished above zero on at least 12 cells, before any fee, was tried again with a fee of 0.12 percent per side. Only buys are counted in that second try. 273 rules got it.

The method, the aggregate results and a downloadable table are on the study page. What the desk does with the results beyond these pages is its own.

Before any fee, it was tried on 66 cells. It placed a trade on 64 of them. 0 of the cells that traded finished above zero (0.0%).

It was not run a second time with a fee. That second pass happens only when at least 12 cells finished above zero before fees. 273 rules got that pass.

Cells tried	66
Cells that placed a trade	64
Finished above zero	0 (0.0% of the cells that traded)
Middle result, before fees	−4.3%
Strongest cell, the top of the range	TRX daily: −0.1%
Weakest cell, the bottom of the range	BTC 15-minute: −17.2%
Middle drawdown, before fees	4.4%

Label: backtest · old prices, zero commission · Oct 2021 – Jun 2026. Hypothetical results; see the risk disclosure.

How to read the result

How to read the number

The median of every cell that traded is the result. No fee has been taken off, so the number is a ceiling. A fee comes off each trade, and this page does not guess that cost, because this rule did not get the second pass where the fee is applied. The weakest and the strongest cells are not a result on their own.

The middle drawdown, on the cells that traded, was 4.4%.

What this does not show

The useful question, for a rule that joins a move already underway, is what it gave back in the choppy months when there was no trend to join.

Nothing on this page was fit to the cell that finished highest. One coin, one chart speed, or one strong stretch is a single row. It is not the rule. Other years, another exchange, or another fee would be a different measurement.

Questions about Trendline Breaks with Multi Fibonacci Supertrend Strategy

Words used on this page

Backtest

The rule was tried on old prices. No real money moved.

Cell

One coin on one chart speed. Bitcoin every 4 hours is one cell. Bitcoin once a day is another.

Chart speed

How often a new price bar is drawn. 15m means every 15 minutes, 1h means hourly, 4h means every 4 hours, 1D means once a day.

Fee, per side

A cost taken each time the rule trades. Per side means once on the way in and once on the way out.

Median

Line the cells up from the biggest loss to the biggest gain. The median is the middle one. Half the cells did better and half did worse.

Drawdown

The deepest fall from a high point along the way, as a percent of the account at that high.

Above zero

The account finished with more than it started.

The indicators Trendline Breaks with Multi Fibonacci Supertrend Strategy uses

Each has its own page: what it measures, how it is read, where it misleads.

• ATR (average true range): the volatility number behind most stops
• Exponential moving average (EMA): what it measures and where it misleads
• Fibonacci retracement levels: where the ratios come from and what a backtest can say about them
• Pivot points: swing pivots and floor-trader pivots, two different things with one name
• Simple moving average (SMA): the plainest average, and why it still runs half the strategies
• Supertrend: an ATR trailing line that flips with the trend

"Trendline Breaks with Multi Fibonacci Supertrend Strategy" was published on TradingView by its author, under the author's own license. This page is an independent reading of those rules and of what they did on these old prices. It is not written with the author, and it is not a recommendation. Not every detail survives the translation onto this page, so read the original before you rely on it.