Converting strategy to indicator for those who want to use it as indicator.
Concepts are simple:
Alerts:
Original strategy is present here:
Concepts are simple:
- Calculate moving average of High, Low, Open and Close and make candles of them
- Calculate ATR and derive supertrend on the moving average candles.
Alerts:
- Bullish Crossover - When supertrend turns green
- Bearish Crossover - When supertrend turns red
- Bullish Pullback - Supertrend is green but close crossed below Moving average high
- Bearish Pullback - Supertrend is red but close crossed above Moving average low
Original strategy is present here:
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Subscribe - www.trendoscope.io/pricing
Telegram: p.trendoscope.io/telegram
Rate us : www.trustpilot.com/review/trendoscope.io