This script shows my mod of the powerful Williams' Vix Fix indicator paired with a modified Supertrend Heatmap, originally created by Daveatt.
Hello traders and aspiring Pinescripters You might remember this script Supertrend-Heatmap-Multi-timeframes/ ? A follower, asked me in a comment to do a version where YOU guys can select the timeframes Well... what follower asks, follower (sometimes) gets. I'm not Santa Claus but this is Christmas with a few months in advance (#oh #oh #oh)
This script based on we all use Super trend but it main issue is the lag as it buy too late or sell too late using Deavaet study of Heat map MTF we can do a little trick if you look on his study you can see that major signal for example will happen in the time frame before it happen at larger time frame so in this example if signal at MTF 30 min and signal at...
## THIS SCRIPT IS ON GITHUB ## MORE BACKTEST SuperTrend is a moving stop and reversal line based on the volatility (ATR). The strategy will ride up your stop loss when price moviment 1%. The strategy will close your operation when the market price crossed the stop loss. The strategy will close operation when the line based on the volatility will...
Interesting performance for Super Trend strategy for XBTUSD 1m chart. Params: ST Mult: 2, ST Period 14. Performance: 144% profit, 1988 trades, only 41% prof, 2.04% dd , 2.51 Sharpe. On its own, it might be not a very good strategy, but the big amount of trades allows you to add more filters and improve it. And remember: Past performance does not guarantee...
Gentlemen traders As promised, here's the Algorithm Builder (Signal Version) that is an alternative version of that previous indicator : Strategy-Builder-Crypto-Single-Trend-Plots/ This one was quite successful and already 11 person bought for me which is unbelievable. Thank you so much guys for your appreciation of my work The script of this present post is...
Interesting performance for Super Trend strategy for Tesla ( TSLA ) 1m chart. Params: ST Mult: 3, ST Period 120. Performance:61% profit, 637 trades, only 33% prof, 4.84% dd , 0.4 Sharpe. On its own, it might be not a very good strategy, but the big amount of trades allows you to add more filters and improve it. The strategy is not bad both with "when" params...
Inspired by and To be used with SuperTrend by Alex Orekhov (everget)
Introduction Trailing stop are important indicators in technical analysis, today i propose a new trailing stop A2RTS based on my last published indicator A2RMA (1), this last indicator directly used an error measurement thus providing a way to create enveloppes, which provide a direct way to create trailing stops based on highest/lowest rules. The Indicator ...
Hello traders With this fabulous script, you can color the candles based on the indicator and timeframe you want You can only apply one indicator at a given time obviously The list of indicators are the following: - Price vs Moving Average : if price is above, bullish color, if price is below, bearish color - Trend Signal : if the Trend signal is pointing...
Hello traders This is a fantastic tool to detect convergence between the following indicators : Overlay - meaning if the price close above/below the SMA 50 Trend Signal - to detect if the the DOW law is broken and predict a possible reversal - en.wikipedia.org/wiki/Dow_theory In other words, it detects if the higher highs or lower lows sequence is broken ...
Hello traders This is an example of how you can add multiple indicators into a unique one In this instance, I added two supertrend multitimeframes and draw them on a different timeframe chart Enjoy David
This is a very special script based on volume, supertrend and ATR which works successfully on a 1m chart for bitmex. ETH/USD LTCM19 XRPM19 EOSM19 ADAM19 BCHM19 *private use only
Trend-following indicator combining SuperTrend with Chiku breakout from Ichimoku
Super Easy to use SuperTrend indicator. Indicator includes Long and Short signals on chart, which also can be used as Alerts. Easy configuration of settings. SuperTrend indicator is very profitable on lower timeframes. Start trading today! ------------------------------------------------------ FREE to use, NO subscription needed!...
Similar to X system but here I use the super trend with MTF function the sell option depend on the % channel sell seen in red as bearish rule (so both need to agree) the buy option depend only on the MTF which is set on 2 hour on 1 hour candles. you can try to modify if you want shorter times to see if it better if you want it sell more just remove the and...
So how this system work ? 1. the bullish and bearish zones in lime and red are based on percent channel (you can modify it according to your needs) . this now is on 1 hour candles so I set it to 1% above and 3% bellow for BTC on bitmex. 2. we ha RSI super trend system which generate our buy and sell signals . Since the Super trend is an RSI like it act like one...
A test of the Supertrend Indicator. If I have made any mischaracterizations and mistakes, please let me know in the comments.