OPEN-SOURCE SCRIPT

No Lag Supertrend

No Lag Supertrend indicator improves upon the original supertrend by incorporating calculation methods that enhance responsiveness and accuracy. Traditional supertrend indicators often suffer from lag, which can delay signals and affect trading decisions. No Lag Supertrend addresses this issue through the use of KAMA (Kaufman’s Adaptive Moving Average) and Hull ATR (Average True Range) calculations.

Goals of No Lag Supertrend:

- Lag reduction: one of the main issues with traditional supertrend indicators is their lag, which can result in delayed entry and exit signals. By integrating KAMA and Hull ATR, the no lag supertrend minimizes this delay, providing more timely signals.

- Market Noise Filtering: The combined use of KAMA and Hull ATR effectively filters out market noise, ensuring that signals are based on significant price movements rather than minor fluctuations.

- Consistency Across Different Market Conditions: The adaptive nature of KAMA and the smooth responsiveness of Hull ATR ensure that the No Lag Supertrend performs consistently across various market conditions, from trending to volatile markets.

Credits: This code is based on the TradingView supertrend but improved the ATR calculations.
Average True Range (ATR)Hull Moving Average (HMA)Kaufman's Adaptive Moving Average (KAMA)

Skrip open-source

Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menerbitkannya sebagai sumber terbuka, sehingga para trader dapat memahami dan memverifikasinya. Hormat untuk penulisnya! Anda dapat menggunakannya secara gratis, namun penggunaan kembali kode ini dalam publikasi diatur oleh Tata Tertib. Anda dapat memfavoritkannya untuk digunakan pada chart

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