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SuperTrend

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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).
Notes de version
  • Modified initial algorithm
Notes de version
  • Added Buy/Sell alerts
  • Added Buy/Sell labels
Notes de version
  • Fix erratum
Notes de version
  • 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:
snapshot
Notes de version
  • Added long/short state highlighting
Notes de version
  • Update
Notes de version
  • Fixed bug with 4-price Doji candles
Notes de version
  • 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!

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