SuperTrend BF
I am republishing this indicator as something changed within TradingView's script engine so that the old script ceased to function ( a minor syntax error that used to be acceptable but no longer is).
Anyhow here's the fixed version which as you can see has done a great job of keeping us on the right side of the trend with once-hot stocks like Skyworks !
Anyhow here's the fixed version which as you can see has done a great job of keeping us on the right side of the trend with once-hot stocks like Skyworks !
//SuperTrend - Originally by Olivier Seban //Programmed by BlindFreddy //Blog: http://blindfreddy.postagon.com study(title="SuperTrend BF", overlay = true) Length = input(10, minval=1), mult = input(3, type=float,minval=1) avgTR = atr(Length) newshortband = hl2 + avgTR * mult newlongband = hl2 - avgTR * mult longband=close[1]>=longband[1]? max(newlongband,longband[1]):newlongband shortband = close[1]<=shortband[1]? min(newshortband,shortband[1]) : newshortband trend = close > shortband[1] ? 1: close< longband[1]? -1: nz(trend[1],1) supt = trend==1? longband: shortband dotcolor = trend==1? green: maroon plot(supt, color= dotcolor , style=circles, linewidth=3,title="SuperTrend")