OPEN-SOURCE SCRIPT
Supertrend Elite Trend System
🏆 SUPERTREND ELITE TREND SYSTEM (SETS)
A sophisticated multi-indicator voting system designed for crypto trending markets, combining 10 powerful technical indicators with weighted scoring and trend confirmation.
📊 BACKTESTED PERFORMANCE (2018-2026):
- Total Return: +2,170%
- Win Rate: 30.23%
- Profit Factor: 2.4
- Max Drawdown: 41.72%
- Total Trades: 43
🎯 HOW IT WORKS:
The system uses 10 carefully selected indicators that "vote" on market direction:
1. Supertrend - Trend following baseline
2. ALMA - Smooth trend detection (Weight: 2)
3. CTI - Correlation Trend Indicator
4. STC - Sebastine Trend Catcher (Weight: 2)
5. GUNXO - Dual EMA trend sniper
6. DEMA DMI - Combined momentum & trend (Weight: 2)
7. MM - Market momentum indicator
8. DMI Loop - Directional movement analysis
9. Trend Oscillator - Fast/slow EMA divergence
10. Stochastic - Overbought/oversold conditions
Each indicator votes BULL (+1 or +2) or BEAR (-1 or -2), creating a weighted score out of 13 possible points.
🔥 SIGNAL GENERATION:
- STRONG BULL: Score difference > +4 (sustained 2 bars)
- WEAK BULL: Score difference > +1 (sustained 2 bars)
- WEAK BEAR: Score difference < -1 (sustained 2 bars)
- STRONG BEAR: Score difference < -4 (sustained 2 bars)
The 2-bar confirmation requirement filters out false signals and reduces whipsaws.
💎 BEST FOR:
- Crypto markets (BTC, ETH, major altcoins)
- 4H to Daily timeframes
- Trending markets (bull or bear)
- Long-term position holders
⚠️ NOT RECOMMENDED FOR:
- Ranging/sideways markets
- Scalping or day trading
- Low-volume altcoins
- High-frequency trading
📈 VISUAL FEATURES:
- Color-coded trend line below price (Green = Bull, Red = Bear)
- Real-time score dashboard showing bull/bear votes
- Clear action signals (BUY/HOLD, CAUTION, REDUCE, SELL/EXIT)
- Built-in alerts for trend changes
💡 STRATEGY:
The system is designed for "buy and hold during uptrends" approach. Enter on STRONG BULL or WEAK BULL signals, exit on WEAK BEAR or STRONG BEAR signals. Works best when combined with proper risk management and position sizing.
📱 ALERTS AVAILABLE:
- Strong Buy Signal
- Strong Sell Signal
- Trend Weakening Warning
- Bearish Turn Warning
Created and backtested by advanced algorithmic trading research. Not financial advice - always do your own research and never risk more than you can afford to lose.
A sophisticated multi-indicator voting system designed for crypto trending markets, combining 10 powerful technical indicators with weighted scoring and trend confirmation.
📊 BACKTESTED PERFORMANCE (2018-2026):
- Total Return: +2,170%
- Win Rate: 30.23%
- Profit Factor: 2.4
- Max Drawdown: 41.72%
- Total Trades: 43
🎯 HOW IT WORKS:
The system uses 10 carefully selected indicators that "vote" on market direction:
1. Supertrend - Trend following baseline
2. ALMA - Smooth trend detection (Weight: 2)
3. CTI - Correlation Trend Indicator
4. STC - Sebastine Trend Catcher (Weight: 2)
5. GUNXO - Dual EMA trend sniper
6. DEMA DMI - Combined momentum & trend (Weight: 2)
7. MM - Market momentum indicator
8. DMI Loop - Directional movement analysis
9. Trend Oscillator - Fast/slow EMA divergence
10. Stochastic - Overbought/oversold conditions
Each indicator votes BULL (+1 or +2) or BEAR (-1 or -2), creating a weighted score out of 13 possible points.
🔥 SIGNAL GENERATION:
- STRONG BULL: Score difference > +4 (sustained 2 bars)
- WEAK BULL: Score difference > +1 (sustained 2 bars)
- WEAK BEAR: Score difference < -1 (sustained 2 bars)
- STRONG BEAR: Score difference < -4 (sustained 2 bars)
The 2-bar confirmation requirement filters out false signals and reduces whipsaws.
💎 BEST FOR:
- Crypto markets (BTC, ETH, major altcoins)
- 4H to Daily timeframes
- Trending markets (bull or bear)
- Long-term position holders
⚠️ NOT RECOMMENDED FOR:
- Ranging/sideways markets
- Scalping or day trading
- Low-volume altcoins
- High-frequency trading
📈 VISUAL FEATURES:
- Color-coded trend line below price (Green = Bull, Red = Bear)
- Real-time score dashboard showing bull/bear votes
- Clear action signals (BUY/HOLD, CAUTION, REDUCE, SELL/EXIT)
- Built-in alerts for trend changes
💡 STRATEGY:
The system is designed for "buy and hold during uptrends" approach. Enter on STRONG BULL or WEAK BULL signals, exit on WEAK BEAR or STRONG BEAR signals. Works best when combined with proper risk management and position sizing.
📱 ALERTS AVAILABLE:
- Strong Buy Signal
- Strong Sell Signal
- Trend Weakening Warning
- Bearish Turn Warning
Created and backtested by advanced algorithmic trading research. Not financial advice - always do your own research and never risk more than you can afford to lose.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Optimized4U
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Optimized4U
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.