OPEN-SOURCE SCRIPT

Supertrend (MTF) & Parabolic SAR

One of my mixed approach strategy indicators which includes:

- Parabolic SAR
- 1 Hour Supertrend
- 4 Hour Supertrend

Whilst this script may appear slow due to the 4hr Supertrend, it does a great job of managing breakouts.

Using this indicator is simple, if the line labeled Lifetime is green then buy, if red then sell OR don't trade. So...

Green Line - This strategy is in a buy position
Red Line - This strategy is in a sell position
Any other Color - DON'T TRADE

The traders approach is simple, when all indicators are green or red, then take the trade. As soon as one indicator changes, then re-evaluate using your normal process, such as price action, to determine whether to close the trade or continue.

If you require any further information or script modifications, please message me.

PLEASE CHECK OUT MY OTHER SCRIPTS
multi-timeframeparabolicParabolic Stop and Reverse (PSAR)supertrendTrend Analysis

开源脚本

本着真正的TradingView精神,此脚本的作者已将其开源,以便交易者可以理解和验证它。向作者致敬!您可以免费使用它,但在出版物中重复使用此代码受网站规则约束。 您可以收藏它以在图表上使用。

想在图表上使用此脚本?

免责声明