Adaptive Supertrend w/ Floating Levels is a Supertrend indicator made adaptive by comparing the coefficient of determination / average of the least squares. The basic concept is this: use correlation with an r-squared line to adapt the period of the indicator, thereby resulting in a more versatile Supertrend. This adaptive formula makes the Supertrend more...
Hello traders! How this indicator works? The main functionality of this indicator is to find entry based upon SuperTrend indicator. This indicator helps us to find trapping candle to enter into the market. What is a trapping candle? A trapping candle is a candle that shows strength in opposite direction to SuperTrend. This helps us to enter in a trade before...
The indicator is built using Supertrend, RSI, and Ema Crossovers. What is the best way to use the indicator? Indicator can be used in two ways: First : If a signal appears on the chart, you can enter immediately the stoploss is the candle's low with a Small Buffer. Second: you will get good results if you plot additional indicators like as volume, RSI and so...
Alternative implementation of the Supertrend based on ATR with the following changes: Calculation of the lower/upper bands based on ATR changes; Selector for ATR smoothing algorithm (RMA, SMA, EMA, WMA); Selector for the Price Source; Add Extremum line that represents the highest high in an uptrend or the lowest low in a down trend; Plot Price Source for...
This Supertrend indicator uses different source for Uptrend and Downtrend lines. Uptrend line uses high as its source. Downtrend line uses low as its source. Effect: It has faster Uptrend/Downtrend signals.
This Script are Combined 5 EMAs Indicator with Golden / Death Cross EMA 8 -13 and EMA 8 - 125 within Green or Red Column Line as Default Signal. This Indicator also combined with Ballinger Band and Super Trend Channel. If you have like this Indicator, please add to your favorite Indicator, and If You Don't, Don't be like a man without woman :) ... God Bless You All
'Solution Zigma' is strategy for any securities because this strategy use EMA of Fibonacci Level and Plot Like candle easy for analysis trend impulse. This strategy used DMI(ADX) for filter sideway but not greatest indicator, Please use this strategy with Risk Management.
Simple Supertrend strategy with Take Profit levels. Note: Make sure TP amounts add up to 100. Opens a position with Supertrends strategy then adds Take Profit points with certain amounts of current position.
The Supertrend is one of the most used indicators by traders when it comes to determining whether the market is up-trending or down-trending. This indicator is displayed as a trailing stop, showing a lower monotonic extremity during up-trends and an upper monotonic extremity during down-trends. Today we propose a channel indicator based on the Supertrend trailing...
SuperTrend is one of the most common ATR based trailing stop indicators. In this version you can change the ATR calculation method from the settings. Default method is RMA, when the alternative method is SMA. The indicator is easy to use and gives an accurate reading about an ongoing trend. It is constructed with two parameters, namely period and multiplier....
Hello All, There are many types of SuperTrend around. Recently I thought about a Supertrend based on Pivot Points then I wrote "Pivot Point SuperTrend" script. It looks it has better performance on keeping you in the trend more. The idea is behind this script is finding pivot point, calculating average of them and like in supertrend creating higher/lower...
This is a supertrend with slight twisted concept which can be very benefecial in strong trending markets to reduce stop loss distance and exit slightly quicker. ⬜ Concept ▶ When the instrument is trending up, regular ATR shows high values if there are big green candles. This affect the stoploss distance in regular supertrend which leads to wide stops or delayed...
STRATEGY version of SuperTrend Indicator: SuperTrend is one of the most common ATR based trailing stop indicators. In this version you can change the ATR calculation method from the settings. Default method is RMA, when the alternative method is SMA . The indicator is easy to use and gives an accurate reading about an ongoing trend. It is constructed with two...
Using one indicator as the core for another one to improve certain aspects while offering an alternative user interaction can be very interesting in technical analysis. This indicator is a modification of the popular Ichimoku indicator using the equally popular Supertrend indicator as its core, thus no longer entirely relying on calculations done over a fixed...
CCI Supertrend + This simple scripts base on CCI level to plot "Supertrend". + When CCI move above level 0, SuperTrend lowerBand is plotted. + When CCI move below level 0, SuperTrend upperBand is plotted.
This oscillator is made of three components, all derived from the SuperTrend indicator. This approach allows the user to easily determine overbought/sold zones, identify whether a retracement is present or if the price is ranging or trending. It also allows for the anticipation of the potential price cross with the SuperTrend. We provide additional information...
## THIS SCRIPT IS ON GITHUB ## MORE BACKTEST SuperTrend is a moving stop and reversal line based on the volatility (ATR). The strategy will ride up your stop loss when price moviment 1%. The strategy will close your operation when the market price crossed the stop loss. The strategy will close operation when the line based on the volatility will...
A screener for multiple indicators with nice table output. I was asked many times to update custom screener to display results in a table form. This way it looks much better. You can play with background colors depend on values you're looking for. In the screener, for example, I'm highlighting overbought/oversold RSI values, big ADX levels and trend of the...