Beskrivning
⋅ Converting strategy to indicator for those who want to use it as indicator.
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:
tradingview.com/script/3o1JCZQL-MA-Candles-Supertrend-Strategy/