OPEN-SOURCE SCRIPT

SuperTrend With EMA100

First of all, SuperTrend Indicator is an indicator developed by KivancOzbilgic and I would like to thank him for sharing this indicator with open source code.

In this version of Supertrend, I wanted to determine the best reaction point for upcoming dips in uptrends.

The indicator is easy to use and gives an accurate reading about an ongoing trend. EMA was determined as the source.

There are 3 parameters that you can edit. These are the EMA length, ATR period and ATR Multiplier.

The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility .

I've found it's a bestreaction point when these values are set to 100, 10 and 0.5 respectively. I tried to show them in the graph.
Moving AveragesTrend 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