This script can help you perform scalping using SuperTrend First, set the HTF value higher than your current time frame. As you know, the accuracy of the supertrend is very poor on the lower timeframe. So I used higher timeframe(15 mins) supertrend more than current chart(5 mins)
Simple SuperTrend indicator giving you the option to display two SuperTrends on a single script plus additional customization features. Dual setup inspired by Income Sharks 🦈
for free users: stop loss trailing and moving average can be use together for best entering and exit position Supertrend+4moving by pejmantak123
Hello! This indicator attempts to optimize Supertrend parameters. To achieve this, 102 parameter combinations are tested concurrently - the top three performers are listed in descending order. Parameters, Factor: Changes to this parameter shifts the tested factor range. For instance, increasing the factor measure from 3.00 to 3.01 (+0.01) will remove 3.00 from...
Hey! By using this script you can choose between the Regular SuperTrend and Pivot Point SuperTrend. Pivot Point SuperTrend differs in calculation from the regular SuperTrend and as the name suggests, Pivot Points are used instead of ATR. I made this script to make it easier to switch and compare between one another. Also included Jurik RSX as a Momentum...
Using one indicator as the core for another one to improve certain aspects while offering an alternative user interaction can be very interesting in technical analysis. This indicator is a modification of the popular Ichimoku indicator using the equally popular Supertrend indicator as its core, thus no longer entirely relying on calculations done over a fixed...
A different approach to SuperTrend: adding 100 periods Exponential Moving Average in calculation of SuperTrend and also 0.5 ATR Multiplier to have a clear view of the ongoing trend and also provides significant Supports and Resistances. Default Moving Average type set as EMA (Exponential Moving Average) but users can choose from 11 different Moving Average...
This is an Strategy finds and utilise end points of short term market trends and this is a combination of many indicators such as 1. Volume change oscillator 2. Money flow index ( MFI ) 3. Momentum Oscillator (MOM) 4. Stochastic Indicator 6. Relative Strength Indicator ( RSI ) 7. Relative volatility index (RVI) 8. Balance of power (BOP) 9. Small moving average (...
1st it exactly looks like the original Supertrend indicator. But if you see the options, you can see it is totally different: It uses my other indicator inside: Zero Lag Keltner Channels, so you can use smoothed ATR bands for calculation instead of the raw ATR. By default it's length is 1 so it works like the original Supertrend. You can choose different...
Hello traders! I have been developing a fully customizable algo over the last year. The algorithm is based on a set of different strategies, each with its own weight (weighted strategy). The set of strategies that I currently use are 5: MACD Stochastic RSI RSI Supertrend MA crossover Moreover, the algo includes STOP losses criteria and a taking...
This is an indicator finds end points of short term market trends. this is a combination of many indicators such as 1. Volume change oscillator 2. Money flow index (MFI) 3. Momentum Oscillator (MOM) 4. Stochastic Indicator 6. Relative Strength Indicator (RSI) 7. Relative volatility index (RVI) 8. Balance of power (BOP) 9. Small moving average (SMA) 10....
Library "TAExt" Indicator functions can be used in other indicators and strategies. This will be extended by time with indicators I use in my strategies and studies. atrwo(length, stdev_length, stdev_mult) ATR without outliers Parameters: length : The length of the ATR stdev_length : The length of the standard deviation, used for detecting...
This is the second batch of 40 BIST Stocks, following up the first_40
This indicator was brought by Kıvanç Özbilgiç. I only modified it to search for 40 stocks on BIST. The other stocks are listed as Second_40, Third_40 and Fourth_40.
This Supertrend strategy will allow you to enter a long or short from a supertrend trend change. Both ATR period and ATR multiplier are adjustable. If you check off "Change ATR Calculation Method" it will base the calculation off the sma and give you slightly different results, which may work better depending on the asset. Be sure to enter slippage and commission...
It is combination of Built in Super trend and Adx with take profit uptrend is considered when +dmi is above -dmi and +dmi is above 25 and adx is above 25 and supertrend gives Buy downtrend is considered when -dmi is above +dmi and -dmi is above 25 and adx is above 25 and supertrend give sell use fibo for target by taking as previous swing high and swing low...
This strategy is looking at MA and distance from MA to determine entry and exit for highly volatile day trade stocks. This trading strategy is not good for big-cap stocks as the movement there is not much in terms of %. The target for open trade is to close at a 10% gain or at 2.8% loss which is a good risk to reward ratio.