This indicator has 2 Supertrends to filter the trend. The Default one uses the same timeframe as chart. The additional Supertrend is non-repaint type and can run on higher timeframes. It has an auto-higher timeframe selection option, thanks to LonesomeTheBlue, the original author. It is accurate on current timeframe also.
הערות שחרור
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update
הערות שחרור
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Added higher timeframe feature for both the Supertrends
Nice work. What do the signals alert mean? Can you make a short explanation of it? I have read the source code but don't really understand.
HT1 = 6 min.
HT2 = 1 hour.
Long Price Entry = HT2 uptrend printed.
Long Price Exit = HT1 downtrend printed.
Short Price Entry = HT2 downtrend printed.
Short Price Exit = HT1 uptrend printed.
Please help me.
ramki_simple
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@FarhatBmdhj, We look for alignment of both the supertrend output to capture strong moves.
made a simple illustration where the supertrend with high level view captures the bigger trend and the other captures the finer trend.
rahul.singla.923
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Can you please change the default current parameter to customised like if we are trading on 30 minute can you use 60 min and 2 hour time frame supertrend
ramki_simple
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Hi @Rahul.singla.923, Updated code for this customization :)
rahul.singla.923
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@ramki_simple, cool sir and can we replaced dashed band with straight lines .
HT1 = 6 min.
HT2 = 1 hour.
Long Price Entry = HT2 uptrend printed.
Long Price Exit = HT1 downtrend printed.
Short Price Entry = HT2 downtrend printed.
Short Price Exit = HT1 uptrend printed.
Please help me.