OPEN-SOURCE SCRIPT
Supertrend with Coppock Curve and Dynamic Time Window
Overview
This indicator combines the **Supertrend** trend-following system with the **Coppock Curve** momentum oscillator to generate high-probability buy and sell signals. An additional **dynamic time window filter** ensures trades only occur during your specified trading hours, making it ideal for intraday traders who want to avoid low-liquidity periods.
How It Works
**Signal Generation:**
- **BUY Signal** (Green label below bar): Triggered when the Coppock Curve crosses above zero, the Supertrend confirms an uptrend, and the current time is within your specified trading window
- **SELL Signal** (Purple label above bar): Triggered when the Coppock Curve crosses below zero, the Supertrend confirms a downtrend, and the current time is within your specified trading window
**Triple Confirmation System:**
1. **Coppock Curve** - Identifies momentum shifts using rate-of-change calculations
2. **Supertrend** - Confirms the prevailing trend direction to filter false signals
3. **Time Window** - Ensures trades only occur during high-liquidity hours
Input Parameters
**Supertrend Settings:**
- **ATR Length** (Default: 19) - Period for calculating the Average True Range
- **Factor** (Default: 3.0) - Multiplier for ATR to determine Supertrend sensitivity
**Time Window Settings (Tehran Time UTC+3:30):**
- **Start Hour/Minute** (Default: 10:30) - Beginning of active trading window
- **End Hour/Minute** (Default: 22:30) - End of active trading window
Best Practices
- Works best on **trending markets** due to the Supertrend filter
- Recommended timeframes: **15min, 30min, 1H, 4H**
- Lower the Factor value (2.0-2.5) for more signals in volatile markets
- Increase the Factor value (3.5-4.0) for fewer, higher-quality signals in ranging markets
- Adjust the time window to match your market's peak liquidity hours
Risk Disclaimer
This indicator is for educational purposes only. Always use proper risk management, position sizing, and combine with your own analysis before making trading decisions.
This indicator combines the **Supertrend** trend-following system with the **Coppock Curve** momentum oscillator to generate high-probability buy and sell signals. An additional **dynamic time window filter** ensures trades only occur during your specified trading hours, making it ideal for intraday traders who want to avoid low-liquidity periods.
How It Works
**Signal Generation:**
- **BUY Signal** (Green label below bar): Triggered when the Coppock Curve crosses above zero, the Supertrend confirms an uptrend, and the current time is within your specified trading window
- **SELL Signal** (Purple label above bar): Triggered when the Coppock Curve crosses below zero, the Supertrend confirms a downtrend, and the current time is within your specified trading window
**Triple Confirmation System:**
1. **Coppock Curve** - Identifies momentum shifts using rate-of-change calculations
2. **Supertrend** - Confirms the prevailing trend direction to filter false signals
3. **Time Window** - Ensures trades only occur during high-liquidity hours
Input Parameters
**Supertrend Settings:**
- **ATR Length** (Default: 19) - Period for calculating the Average True Range
- **Factor** (Default: 3.0) - Multiplier for ATR to determine Supertrend sensitivity
**Time Window Settings (Tehran Time UTC+3:30):**
- **Start Hour/Minute** (Default: 10:30) - Beginning of active trading window
- **End Hour/Minute** (Default: 22:30) - End of active trading window
Best Practices
- Works best on **trending markets** due to the Supertrend filter
- Recommended timeframes: **15min, 30min, 1H, 4H**
- Lower the Factor value (2.0-2.5) for more signals in volatile markets
- Increase the Factor value (3.5-4.0) for fewer, higher-quality signals in ranging markets
- Adjust the time window to match your market's peak liquidity hours
Risk Disclaimer
This indicator is for educational purposes only. Always use proper risk management, position sizing, and combine with your own analysis before making trading decisions.
Script de código abierto
Siguiendo fielmente el espíritu de TradingView, el creador de este script lo ha publicado en código abierto, permitiendo que otros traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la publicación de este código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Script de código abierto
Siguiendo fielmente el espíritu de TradingView, el creador de este script lo ha publicado en código abierto, permitiendo que otros traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la publicación de este código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.