OPEN-SOURCE SCRIPT
Super Trend Daily BF 🚀
Actualizado
Super Trend is based on volatility and attempts to show the overall greater trend of a market. Thanks to everget for the idea of improving the Super Trend code. Thanks to kiasaki for ROC code.
The idea here is to enter a trade upon trend reversal (unless we have a white background - this indicates choppy/sideways market).
INSTRUCTIONS
Follow the background color for signals of a trend reversal.
We use a fixed stop loss here of 6% but I have included the option to apply an ATR based stop loss in Settings. No take profit. No re-entering until we get an opposing signal.
I use a Rate of Change function to detect when we should stay out due to choppy sideways price action.
This strategy was optimised for XBT/USD on Bitmex 1 day chart, ideal settings for other pairs will differ.
The idea here is to enter a trade upon trend reversal (unless we have a white background - this indicates choppy/sideways market).
INSTRUCTIONS
Follow the background color for signals of a trend reversal.
- Bright green = long
- Bright red = short
- White = no trade
We use a fixed stop loss here of 6% but I have included the option to apply an ATR based stop loss in Settings. No take profit. No re-entering until we get an opposing signal.
I use a Rate of Change function to detect when we should stay out due to choppy sideways price action.
This strategy was optimised for XBT/USD on Bitmex 1 day chart, ideal settings for other pairs will differ.
Notas de prensa
Added a switch for Longs and Shorts in settings. If you want only longs, turn off shorts. Vice versa.Script de código abierto
Siguiendo fielmente el espíritu de TradingView, el autor de este script lo ha publicado en código abierto, permitiendo que otros traders puedan entenderlo y verificarlo. ¡Olé por el autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la reutilización de este código en la publicación se rige por las Normas internas. Puede añadir este script a sus favoritos y usarlo en un gráfico.
¿Quiere utilizar este script en un gráfico?
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