SuperTrend

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).

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Modified initial algorithm

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Added Buy/Sell alerts
Added Buy/Sell labels

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Fix erratum

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Converted to Pine V4
Added an option to take candle wicks into account

From now, with checked "Take Wicks into Account" option the SuperTrend will respond more clearly than default one:

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Added long/short state highlighting

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Update

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Fixed bug with 4-price Doji candles

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Pine Script V6
Minor UI improvements
Refactoring

If you need any customization, feel free to contact me via direct messages or on Telegram.
Good luck!

开源脚本

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

everget

👨🏻‍💻 Coding services -> Telegram: @alex_everget

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免责声明

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

开源脚本

everget