Adoptive Supertrend - Pivots — Indicador por HeWhoMustNotBeNamed

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averagetruerange pivotpoints volatilitystop supertrend

Another experiment with Supertrend by making use of pivot point high/lows.

Trailing Stop types used in this indicator are:

ATR - plain ATR based supertrend
Breakout - ATR based supertrend combined with breakout. (Trailing triggered only if price change is higher than HighPriceChange multiplier times ATR.
Pivot Points - Trail only when new pivots created. Pivot stop multiplier is used below pivot low.
Combined - Combine everything together

Script de código abierto

Siguiendo el verdadero espíritu de TradingView, el autor de este script lo ha publicado en código abierto, para que los traders puedan entenderlo y verificarlo. ¡Un hurra por el autor! Puede utilizarlo de forma gratuita, aunque si vuelve a utilizar este código en una publicación, debe cumplir con las Normas internas. Puede marcarlo como favorito para usarlo en un gráfico.

¿Quiere utilizar este script en un gráfico?

Please PM me if you need access to any invite only screen.

Join tradingview: https://www.tradingview.com/gopro/?share_your_love=sudh

Comentarios

after how many candles does the pivot appear?

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greyghost7

@greyghost7, after PvtLenR bars. SL also updated after pivots formed.

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nice bro very nice:)

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RafaelZioni

@RafaelZioni, thanks mate :)

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Hii, is the HH,HL repainting ?

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tomswebins

@tomswebins, It is not repainting. But, pivots are formed after PvtLenR bars. This is expected and SL is also moved once the pivots are formed. You can see in the chart that SL movement happens after few bars.

It is delayed painting rather than repainting. Once pivots are formed, it will not change that.

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tomswebins

@tomswebins, One correction. There is a possibility of repainting if WaitForClose is set to false. Because, it is very negligible i suppose.

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