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everget
6 de Mar. de 2019 23:09

SuperTrend 

U.S. Dollar/South African RandFXCM

Descripción

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).

Notas de prensa

  • Modified initial algorithm

Notas de prensa

  • Added Buy/Sell alerts
  • Added Buy/Sell labels

Notas de prensa

  • Fix erratum

Notas de prensa

  • Converted to Pine V4
  • Added an option to take candle wicks into account


From now, with checked "Take Wicks into Account" option the SuperTrend will respond more clearly than default one:

Notas de prensa

  • Added long/short state highlighting

Notas de prensa

  • Update

Notas de prensa

  • Fixed bug with 4-price Doji candles
Comentarios
wengkoi
Hey Bro, I find this indicator very useful but how this it works anyway? how can it detect on where to signal on when to buy or sell? I combined it along with another supertrend indicator with LONG and SHORT signal, What I did was if their label cross each other I confirmed it that, that's the right time so set my position. But I'm a little confused if how this indicator works?!
everget
@wengkoi, Hi, this is ATR-based trailing stop, commonly used as a trend indicator
alikarimi64
@wengkoi, Hi May i know which indicator did you combine with supertrend?
tphal001
what is the best time frame to use with this indicator please?
because i noticed different signals on different time frame
Siggi81
@everget, Hi everget, thank you for the indicators. Can I please have the profitable supertrend?
everget
@Siggi81, yes you can. Just support the exhausted developer with donation)
dlfsalvat
KirillNET
And there is a trading strategy on the indicator that you can see the numbers?
everget
@kirillkiselev82, I can send the strategy to you
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