These multi-timeframe True Range Levels use an improved calculation to accurately calculate the indicator's value with every new bar on the time frame your chart is set to. Previously the indicator only recalculated with every new update on the timeframe used in its security function. This means that this improved script plots the real, current value of your...
Introduction Based on my previous indicator , this indicator plot a trailing stop using classic conditions. Using The Indicator Like any trailing stop when price is higher than the trailing stop this imply a buy signals, when price is lower than the trailing stop this imply a sell signal. It is possible to use decimals instead of integers for length as...
Introduction I was faced with the fact that many authors contradicted each other about the indicator settings. Each trader offers his(her) own settings, without having an evidence base. Therefore, I decided to make an algorithmic optimizer. What is this tool? This tool is a performance optimizer that uses a decision tree-based algorithm under the hood to find...
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).
There is already SuperTrend indicator and thanks to its developer. This script draws supertrend for current and higher time frame, it automatically calculates higher time frame and you don't need to adjust it when you change the period. it also change the color of bars according to current and HTF supertrend, so you can see the trend by looking at bars...
There are many supertrend scripts, most uses close as source. This one uses EMA. You can change periods and factor settings by your trading strategy.
More Efficiency Based on the Auto-Line code, the Efficient Auto Line aim to provide a more controlled adaptivity of the indicator. The first indicator of this sort worked this way : when the absolute difference between the price and the indicator is higher than the previous indicator +/- A pips of amplitude, the indicator will display the closing price, else...
Using this script with some changes I try to build the RSI SUPERTREND model with MTF function I think its need more work to refine it but as idea its nice
This is hybrid of Super trend and RSI the green and red zones are by the supertrend so it seems the two indicator can compleemnt each other
New version of SuperTrend MultiTimeframe with alert. It is like old version but use V3 of PineScript (no repainting if you want to change it and transform in strategy). Enjoy!
I sum up scripts TUX Ema Scalper by tux and Supertrend by abhi.shri2702 This script is just created for backtesting xbtusd. Buy / Sell signal : Tux Ema Scalper mechanism ( ema 20 : up /down) Green Arrow : Long Pink Arrow : Short Thank you for creators.
Introduction This indicator uses machine learning (Artificial Intelligence) to solve a real human problem. The artificial intelligence that operates this Supertrend was created by an algorithm that tests every single combination of input values across the entire chart history of an instrument for maximum profitability in real-time. The Supertrend is one of...
So this model is little different from moneymaker model in the following : The buy system based on super trend , the sell system =S is based on the volume model of money maker in the example we set 7% take profit for both long or short . you can set it even higher since btc very volatile now in cases where it did not reach the target its made min of 3% each...
A derivation of the famous SuperTrend indicator. My motivation for such indicator was to use more recursion in the original SuperTrend code, this work was made quite fast but feel free to modify it, as always my work is more for inspirational use than anything else so i hope it will inspire you to get more involved with the SuperTrend code or to start coding...
//Author - Rajandran R //www.marketcalls.in study("Supertrend V1.0 - Buy or Sell Signal", overlay = true) Factor=input(2, minval=1,maxval = 100) Pd=input(7, minval=1,maxval = 100) Up=hl2-(Factor*atr(Pd)) Dn=hl2+(Factor*atr(Pd)) TrendUp=close >TrendUp ? max(Up,TrendUp ) : Up TrendDown=close TrendDown ? 1: close< TrendUp ? -1: nz(Trend ,1) Tsl = Trend==1?...
In this model we have fib Donchian channel with super trend alerts (B=buy) S =sell and trailing volume system up trend alert and down trend alert so have fun