All my scripts are part of a suite called Papercuts.
This one uses one current timeframe supertrend and adds Four Automatic Higher Timeframe Supertrends based on those same parameters to help you determine larger trends while only needing a single chart. This works quite well on 5 and 15 minute charts and will look up in time. Confident trends can be identified by having two or more lines in the same direction. When unified, the intensity of the glow should increase a trends confidence. Unify collapses the 3 highest timeframe supertrends into the first higher timeframe supertrend. Without Unify on, the overall trends are usually easier to see at just a glance. Higher timeframe supertrends can show support or resistance and act as stop loss limit ranges if you choose. Unify keeps things a bit cleaner and more compact.
V02 updated to fsecurity for no repainting and added a 3MA trend option as well.
Thanks to @PineCoders for helping me better understand the security function!
@joelly3d Is there any future update Sir? thanks mate
UnknownUnicorn40403838
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this is awesome thank you
scantor516
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Dude this is really great. Thank you. Which of your indicators do you like to use the most? Or do you utilize them all?
joelly3d
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@scantor516, I use one that isn't shared the most, i have been refining it for about a year. This supertrend script is still part of the big code, but has evolved to become my trade stopline, and is more dynamic. In the end though, I have found that staying on the right side of the market is so difficult for psychological reasons, not for technical reasons. So as long as you have something to tell you when to exit if you are wrong, and to exit regardless of profitability you can do well.
Marzipug
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This is brilliant! thanks for sharing
joelly3d
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@Marzipug, thanks man! Coding ideas is such a fantastic way to explore and learn. I encourage all to give it a shot!