This is a redesign of the SuperTrend indicator. It removes stupid transitions between SuperTrend states and highlights initial points for both lines. SuperTrend is a moving stop and reversal line based on the volatility (ATR).
There is already SuperTrend indicator and thanks to its developer. This script draws supertrend for current and higher time frame, it automatically calculates higher time frame and you don't need to adjust it when you change the period. it also change the color of bars according to current and HTF supertrend, so you can see the trend by looking at bars...
There are many supertrend scripts, most uses close as source. This one uses EMA. You can change periods and factor settings by your trading strategy.
More Efficiency Based on the Auto-Line code, the Efficient Auto Line aim to provide a more controlled adaptivity of the indicator. The first indicator of this sort worked this way : when the absolute difference between the price and the indicator is higher than the previous indicator +/- A pips of amplitude, the indicator will display the closing price, else...
Using this script with some changes I try to build the RSI SUPERTREND model with MTF function I think its need more work to refine it but as idea its nice
This strategy is a port of famous script from MasaNakamura ADX and DI. Here is the exact startegy from original study from MasaNakamura MasaNakamura at In this version, I added also SUPERTREND as filter! Scope of this port is to identify corrects inputs to get best results from signals that indicator gives. I added the possibility to choose stop loss and...
This is hybrid of Super trend and RSI the green and red zones are by the supertrend so it seems the two indicator can compleemnt each other
New version of SuperTrend MultiTimeframe with alert. It is like old version but use V3 of PineScript (no repainting if you want to change it and transform in strategy). Enjoy!
I sum up scripts TUX Ema Scalper by tux and Supertrend by abhi.shri2702 This script is just created for backtesting xbtusd. Buy / Sell signal : Tux Ema Scalper mechanism ( ema 20 : up /down) Green Arrow : Long Pink Arrow : Short Thank you for creators.
This method was designed to identify trends on financial markets and works best on 4h or 1d timeframes.
Introduction This indicator uses machine learning (Artificial Intelligence) to solve a real human problem. The artificial intelligence that operates this Supertrend was created by an algorithm that tests every single combination of input values across the entire chart history of an instrument for maximum profitability in real-time. The Supertrend is one of...
So this model is little different from moneymaker model in the following : The buy system based on super trend , the sell system =S is based on the volume model of money maker in the example we set 7% take profit for both long or short . you can set it even higher since btc very volatile now in cases where it did not reach the target its made min of 3% each...
A derivation of the famous SuperTrend indicator. My motivation for such indicator was to use more recursion in the original SuperTrend code, this work was made quite fast but feel free to modify it, as always my work is more for inspirational use than anything else so i hope it will inspire you to get more involved with the SuperTrend code or to start coding...
//Author - Rajandran R //www.marketcalls.in study("Supertrend V1.0 - Buy or Sell Signal", overlay = true) Factor=input(2, minval=1,maxval = 100) Pd=input(7, minval=1,maxval = 100) Up=hl2-(Factor*atr(Pd)) Dn=hl2+(Factor*atr(Pd)) TrendUp=close >TrendUp ? max(Up,TrendUp ) : Up TrendDown=close TrendDown ? 1: close< TrendUp ? -1: nz(Trend ,1) Tsl = Trend==1?...
In this model we have fib Donchian channel with super trend alerts (B=buy) S =sell and trailing volume system up trend alert and down trend alert so have fun