Shorter version: As the title states, this is a 'Trailing Stop' type indicator, albeit one with a whole bunch of additional functionality, making it far more versatile and customisable than a standard trailing stop. The main set of features includes: Three independent trailing types each with their own +/- multipliers: - Standard % change - ATR (aka...
Giga Kaleidoscope Variety MA Supertrend is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System". █ Giga Kaleidoscope Modularized Trading System What is Loxx's "Giga Kaleidoscope Modularized Trading System"? The Giga Kaleidoscope Modularized Trading System is a trading system built on the philosophy of the NNFX (No Nonsense...
This a script to try detect the best combination of supertrend parameters in a space of time. Sadly the script is slow. Evaluate all possibilities params is hard for a pinescript and my knowledge too. In some cases, when you want evaluate many time could be the script fails for timeout. Perhaps with time I could enhance. For this problem of speed the calculate of...
Extending the earlier implemented concept of Harmonic-Patterns-Based-Trend-Follower , in this script, lets make it work as supertrend so that it is more easier to operate. 🎲 Process 🎯 Derive Zigzag and scan harmonic patterns for last 5 confirmed pivots 🎯 If a pattern is found, bullish and bearish zones are calculated based on parameter Base 🎯 These bullish and...
╭━━━━╮╱╱╱╱╱╱╱╱╭┳╮ ┃╭╮╭╮┃╱╱╱╱╱╱╱╱┃┃┃ ╰╯┃┃┣┻┳━━┳━╮╭━╯┃┃╭╮╱╭╮ ╱╱┃┃┃╭┫┃━┫╭╮┫╭╮┃┃┃┃╱┃┃ ╱╱┃┃┃┃┃┃━┫┃┃┃╰╯┃╰┫╰━╯┃ ╱╱╰╯╰╯╰━━┻╯╰┻━━┻━┻━╮╭╯ ╱╱╱╱╱╱╱╱╱╱╱╱╱╱╱╱╱╭━╯┃ ╱╱╱╱╱╱╱╱╱╱╱╱╱╱╱╱╱╰━━╯ About the script: This script is an easy-to-use trend indicator, which is based on another popular indicator called "Supertrend" . The basic idea is very simple, i.e. to compute Average...
Supertrend indicator is a trend following indicator similar to moving averages. You can use this on any timeframe if there is enough market data. What about the Supertrend Rally Rollercoaster? The main objective of this indicator is to avoid fake trends as much as possible and find the best bull and bear runs. The best timeframe is the 15 minute...
Based upon SuperTrend+ , this variation measures the volatility in order to determine the range of the trend. Notes: Upward volatility is measured separately from downward. WMA is used for averaging to provide a recency bias. Changing time-frames should display similar results as the settings are based upon time and not bars.
Definition Have you ever wonder whether if the stock/index/market is "bearish" ? A Bearish Market Indicator (B.M.I) is not a new concept, the definition is simply 20% lower from the recent (term: short-term, recent: usually within a year, a.k.a 1 year) highs (closing price with in the recent period or within in a year or simply a 52-Week High). It is called...
This is my Double RSI Trend Indicator. It issues Buy and Sell signals based on the Supertrend and a double RSI . The RSIs cross near or at the same time as the Supertrend fires. It has the ability to change if you want signals based on the RSI cross on the same candle, one candle before, and two candles before. I find this one extremely good at catching...
Supertrend Hybrid This indicator is a combination of the Supertrend and Donchian Channels. The original Supertrend indicator shades the area from the mean (hl2) of the bar/candle to the Supertrend line. This Hybrid uses the mid section of the Donchian channel to the Supertrend line as the area to be shaded. This provides a visual of when prices are getting...
I have this indicator based on my strategy. This indicator is based on existing functions available in the system. I haven't added anything new. This indicator uses Supertrend, MA44|6, EMA fibs 13|21|34 combining to find a profitable trade. - Supertrend : Indicator uses supertrend strategy with default ATR period of 10 and Factor value 3. These values can be...
This brings together a number of variables to produce trend predictions that could be utilized as decision-making tools. Uses the aforementioned price and volume derivatives - A moving average and three weighted moving averages (WMA1, WMA2, WMA3) - Super Trend Line (ST) - Opening Range Breakout on Five Minutes, Resistance Bands Pocket pivots, support, and price...
█ This indicator shows an upper and lower band based on Highs and Lows. Depending on this, the indicator interprets a ranging market, an uptrend or a downtrend. █ Usages: The purpose of this indicator is to identify when the price is ranging. It's also used to identify changes in trends, breaking points, and trend reversals. But it can also be used to show...
This script will allow to add CPR with Standard Pivots and 4 Indicators. Standard Pivot has 9 levels of support and 9 levels of resistance lines. It has CPR , 3 levels of Day-wise pivots , 3 levels of Weekly pivots and 3 Levels of Monthly Pivots . In Addition to the CPR and Pivot , this script will allow user to Add 4 more Indicators - SMA , EMA , VWAP and...
My goal creating this indicator : Provide a way to see the Past and Current Momentum of multiple different timeframes without using multiple charts. The Underlying Concept / What is Momentum? The Momentum shown is derived from a Mathematical Formula, SUPERTREND. When price closes above Supertrend Its bullish Momentum when its below Supertrend its Bearish...
This is a multiple multi-timeframe version of famous supertrernd only with Heikin Ashi as source. Atr which stands in the heart of supertrend is calculated based on heikin-ashi bars which omits a great deal of noises. with 6 multiplication of the supertrend, its simply much easier to spot trend direction or use it as trailing stop with several levels available....
(My goal creating this indicator) : Provide a way to categorize and label key structures on multiple time frames so I can create a plan based on those observable facts. The Underlying Concept / What is Momentum? The Momentum shown is derived from a Mathematical Formula, SUPERTREND. When price closes above Supertrend Its bullish Momentum when its below Supertrend...
FDI-Adaptive Supertrend w/ Floating Levels is a Fractal Dimension Index adaptive Supertrend indicator. This allows Supertrend to better adaptive to volatility of the market. This also includes floating levels that act as support and resistance, stop loss or take profit, or indication of market reversal. Additional signal types will be added in the future based...