Prior Period Levels strategyvsTradingView SuperTrend strategy
Prior Period Levels strategy: PDH / PDL breakouts β long above the prior day high, short below the prior day low. Β· TradingView SuperTrend strategy: Classic ATR-band trail β long when the trend flips up, short when it flips down.
Prior Period Levels strategy
PDH / PDL breakouts β long above the prior day high, short below the prior day low.
TradingView SuperTrend strategy
Classic ATR-band trail β long when the trend flips up, short when it flips down.
Indicators
- Prior Period Levels (daily / weekly / monthly)
- SMA(1) close wrapper
- SuperTrend (ATR 10, factor 3.0)
Timeframes
Bias
Long & short
Long & short
Market fit
Strong directional trends
Strong directional trends
Entry rules
- Long when close crosses above the prior day's high.
- Short when close crosses below the prior day's low.
- Long the bar after state crosses up through zero.
- Short the bar after state crosses down through zero.
Exit rules
- Opposite-side breakout closes the trade.
- 4% trailing stop, 2-bar cooldown.
- Any state flip closes the active position.
- 4% trailing stop on the runner; 2-bar cooldown.
Expected behavior
Intraday classic β fires on the first decisive break of yesterday's range. Strong in trend days, choppy when price oscillates around the PDH/PDL.
Trend-friendly equity curve β clean in directional regimes, whipsaws in chop. The 10/3.0 default fires frequently on intraday timeframes and less often on daily candles.
Complexity
Which one is right for you?
Derived from the bias, timeframe and indicator profile of each strategy β not a back-test forecast.
When to pick Prior Period Levels strategy
- You expect strong directional trends β the thesis is "PDH / PDL breakouts β long above the prior day high, short below the prior day low."
- You want a long & short bot on 15mβ4h candles with a balanced rule-set.
- You're comfortable monitoring 2 indicators (Prior Period Levels (daily / weekly / monthly), SMA(1) close wrapper).
PDH / PDL breakouts β long above the prior day high, short below the prior day low.
When to pick TradingView SuperTrend strategy
- You expect strong directional trends β the thesis is "Classic ATR-band trail β long when the trend flips up, short when it flips down."
- You want a long & short bot on 15mβ1d candles with a balanced rule-set.
- You're comfortable monitoring 1 indicator (SuperTrend (ATR 10, factor 3.0)).
Classic ATR-band trail β long when the trend flips up, short when it flips down.
Prior Period Levels strategy
PDH / PDL breakouts β long above the prior day high, short below the prior day low.
TradingView SuperTrend strategy
Classic ATR-band trail β long when the trend flips up, short when it flips down.
Related comparisons
Other pairings that involve one of these strategies.
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