EvoCrypto

Variable SuperTrend - evo

Played around with Lazy Bear's VMA and Gunazzi's SuperTrend Cloud .

It plots an uptrend if the low of a candle gets above the recent downtrend and plots a downtrend if the high of a candle gets below the recent uptrend, you have to wait for the candle to close to confirm the actual trend change.
I use it to give me a direction for longs or shorts, not as a stop/reverse indicator.

Thanks Lazy Bear and Gunazzi :)
Notas de prensa: UPDATE
- Added % Gain/Loss as requested in comments
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Comentarios

I really like this script. I think this is the best one you have written in tv. I have tested all of your indicators. May i request, if you can could create an MTF version of this indicator? Thank you. And happy trading
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EvoCrypto Iceman0929
@Iceman0929, Cool, happy to hear that! Here is a quick script that includes the MTF function A lot from the original version didn't work anymore like color and stuff.. So send me a message if you want those, I would have to look into that later then. A fun little tip: You can make almost any script MTF by adding (resolution="") like you see in the end of line 5 of this script.
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Iceman0929 EvoCrypto
@EvoCrypto, thank you. I can't say how much i appreciate it
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Iceman0929 EvoCrypto
@EvoCrypto, the color stuff isn't really important to me, just the actual trend line. Thanks for the tip!!!!
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thanks for your answer, and your add. You can have a look at "trendfrance.com". It's a french guy who coded a pretty nice indicator but not on trading view.
And you can see the trend gains at different steps. Thanks, see you. In fact, you can see at @trendraiser on twitter that he has a trading view version but he
doesn't share it.
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EvoCrypto gildaslm
@gildaslm, Looks interesting, looks like a better version of the Donchian Channels indicator, don't know how those steps work tbh but thanks for the inspiration :)
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It’s a great way also to compare trends...
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It is great , thank you !
It would be great to add a % gain of the trend (up or down) to help the brain to stay longer on it....
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EvoCrypto gildaslm
@gildaslm, Good idea, I added a label that shows % gain/loss, hope that is what you meant. Thanks!
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Appreciate the indicator. In order to draw a line to segregate things you used an input box ( na_1 = input(false, title="------------------------------------------------------") )
I also do that :)
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