Auf geht's

Supertrend

BEST Supertrend CCIHello traders Today I present you a Supertrend not based on candle close but based on a CCI (Commodity Channel Index) How does it work? Bull event: CCI crossing over the 0 line Bear event: CCI crossing below the 0 line When the event is triggered, the script will plot the Supertrend as follow UP Trend = High + ATR * Factor DOWN Trend = Low - ATR * Factor This is an alternative of the classical Supertrend based on candle close being above/beyond the previous Supertrend level. Hope you'll enjoy it and it will improve your trading making you a better trader Dave
Pine Script® Indikator
von Daveatt
45
BEST Multicolor Supertrend InfoPanelHello traders Today is a Pinescript hack to display multiple colors in one label. I used that panel to show the Supertrend Long Term values (weekly, monthly, quarterly, yearly) What is a Supertrend? Definition : SuperTrend is an indicator that works on all timeframes and all instruments (stocks, futures, forex, ...). It is a great tool to follow market trends and optimizes your profits. SuperTrend evolves below or above the prices depending on the trend. You can use it as an exit position indicator when its direction changes. You can also use it to place your stops. So.... the hack is? The hack is about creating a new label for each line - versus creating just one label containing the whole text Best regards, Dave
Pine Script® Indikator
von Daveatt
11
Trend-Following Combo-SuperTrend, EMA, Aroon, DMI, Laguerre RSIThis is a trend-following indicator which condenses two SuperTrend indicators -- one based on analysis over a shorter period of time (1.5, 7), and one based on analysis over a longer period of time (1.65, 100) -- into a single indicator which appears on your chart only when both the shorter- and longer-term analysis indicates a "SuperTrend" in the same direction. Additionally, potential trade entry indicators are displayed in the form of up and down arrows when (by default) three of the following five indicators suggest that the market is trending in the same direction as both the shorter- and longer-term SuperTrend indicators: EMA Crossover (8, 15) Aroon Indicator (8) Aroon Oscillator (8) Directional Movement Index (DI +/-) (8) Laguerre RSI (13) You may update the parameters of any of the indicators to match your own preferences. Additionally, you may also adjust the "Threshold" of indicators that must be in agreement with the SuperTrend to show a potential trade entry arrow. Bear in mind that if you set the Indicator Threshold too low, you will see more frequent trade entry arrows, many of which will not be profitable if taken. Similarly, set this value too high, and you will see fewer trade entry arrows that may not appear until after most of the "juice" in the trend has evaporated. Ideal values for the threshold seem to be between 2-4, depending on the symbol you are trading. The following image shows all of the indicators referenced above on a 5-minute chart of the SPY during a single trading day: And, here is the same period of time showing only the Trend-Following Combo indicator with default settings: This indicator would not have been possible save for work contributed by the following: SuperTrend by Rajandran R Aroon w/ crossovers highlighted by seiglerj Aroon Oscillator by jcrewolinsky Directional Movement Index by TradingView Laguerre RSI (Self Adjusting Alpha with Fractals Energy) by everget
Pine Script® Indikator
von jadamcraig
13
Super Trend Daily 2.0 Alerts BFThis is an alerts script for my Super Trend 2.0 indicator . It is intended as a companion script so you can backtest using the Strategy script and generate alerts using this Study script. This Study script has the same default settings as the Strategy script and its only purpose is to provide alerts for the long and short signals the Strategy generates. Obviously, if you want to generate alerts based on a Strategy backtest, please ensure the settings are the same in the Study as in the Strategy. For illustration, I have plotted arrows on the chart for long and short signals, and also colored the background to show when the rate of change function determines a choppy/sideways market. ALERTS There are 2 alerts set up: Long Entry Short Entry ILLUSTRATION Green arrow = Long Entry Red arrow = Short Entry White background = No short trades Aqua background = No long trades EXAMPLE USE CASE 1. Open a Bitcoin/USD chart on 1D timeframe. 2. Open this script and the Super Trend 2.0 indicator script. 3. Backtest with the Strategy Backtester and change the settings if you like until you get a desirable outcome for your own purposes. 4. Once you are happy with the backtest, change the settings in the Alerts script (this one) so they match the Strategy settings. 5. Set up the alerts according to your preferences.
Pine Script® Indikator
von bennef
7
Centerline SupertrendA centerline/non-chart indicator version of Everget's Supertrend script for use in NNFX-style indicator setups, with the emphasis on this indicator NOT adding visual clutter to the main charting area with a baseline indicator already present. This is literally the EXACT same script as Everget's Supertrend, but not drawn on the chart and with the fill/stop and fill/state level removed. Adjust to your timeframe/asset and backtest/forward-test accordingly. Source script by Everget (Supertrend):
Pine Script® Indikator
von auroagwei
7
Supertrend MTF LAG ISSUEThis 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 MTF 60 min happen at the same time at 2 hours or 4 hours candles then this signal are more likely to be true then random signal at each time frame specific. since we use shorter time frame on larger time frame we can remove the lag issue that make supertrend not so effective In this example I set the signal to be MTF 30 +60 om 2 hour TF , can be good also for 4 hour candles.. So you get the signal to close inside the larger candle now if you want to make on even shorter TF then change the code to 15 and 30 MTF on candles on 1 hour or 1 and 5 min on 30 min or 15 min
Pine Script® Indikator
von RafaelZioni
17
Adaptive Autonomous Recursive Trailing StopIntroduction 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 If you need a more detailed explanation of this indicator i encourage you to check the A2RMA indicator post i made, parameters does not differ from the supertrend, thus having a length parameter and a factor parameter who is here described as gamma , gamma control how far away are the bands from each others thus spotting longer terms trends when gamma is higher. On BTCUSD Something worth mentioning is that the indicator sometimes behave like my MTA trailing stop indicator (2) who is closer to the price when a trend persist thus providing early exit points, however A2RTS behave a bit better. Price can sometimes break the trailing stop, this can be interpreted as a support/resistance or just as an exit point, the support resistance methodology on trailing stop is not the most recommended. Sometimes it is recommended to have an higher length rather than an high gamma like in this case for INTEL CORP, below gamma = 3 and length = 20 The microprocessor market like to use higher length's instead of higher gamma's , A2RMA is a non-linear filter, this would explain such behaviour. Conclusion Trailing stops might not suffer as much from whipsaw trades than MA crossovers but they still remain inefficient when market is not trending, results of the proposed indicator on major forex pairs are more than disappointing, but i hope this will serve as basis for other trailing stops that might act a little bit better. I conclude this post by thanking everyone who support my work and i encourage you to modify this indicator and share it with the community. Thanks for reading ! Cited Articles
Pine Script® Indikator
von alexgrover
21
X system v1Similar 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 bearish rule from t green for buy in the code try to make it better and I hope it can help you :)
Pine Script® Indikator
von RafaelZioni
6
X systemSo 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 as we can see when it go from high to low much more easy compare to regular super trend One can optimize it to be full auto mode but it need more work to be much better and safe This indicator aim is to help you in your decisions for buy and sell and I would not advise to use it as a bot but as a helper when you decide to buy and sell
Pine Script® Indikator
von RafaelZioni
2
MTA-Traling StopIntroduction Based on my previous indicator , this indicator plot a trailing stop using classic conditions. Using The Indicator Like any trailing stop when price is higher than the trailing stop this imply a buy signals, when price is lower than the trailing stop this imply a sell signal. It is possible to use decimals instead of integers for length as shown here : length = 14.7 The indicator tend to react faster to price movements when a trend has been really long, this methodology is similar to the one used by the parabolic sar. Downsides Lack of robustness with the length parameter, the behaviour of the trailing stop can be hard to predict. There is a real need for control. Conclusion The indicator can be adaptive, even if it already is in a certain way, by changing the alpha variable at the start considering that 0 < alpha < 1. Its not recommended to use it right now except for testing/coding purpose. It is clear that i'm not enthusiast when it come to this script, there is a real lack of accuracy, i still hope it can be of use.
Pine Script® Indikator
von alexgrover
4
Supertrend Multi Time Frame - Auto HTF calculationThere is already SuperTrend indicator and thanks to its developer. This script draws supertrend for current and higher time frame, it automatically calculates higher time frame and you don't need to adjust it when you change the period. it also change the color of bars according to current and HTF supertrend, so you can see the trend by looking at bars color. Bar color is lime if trend is up and red if trend is down. but if you see white bars then there is movement opposite the main trend. if you like it please comment.
Pine Script® Indikator
von LonesomeTheBlue
38
Efficient Auto LineMore Efficiency Based on the Auto-Line code, the Efficient Auto Line aim to provide a more controlled adaptivity of the indicator. The first indicator of this sort worked this way : when the absolute difference between the price and the indicator is higher than the previous indicator +/- A pips of amplitude, the indicator will display the closing price, else its anterior value. The second indicator (Auto-Line) was adaptive and used the standard deviation instead of a constant A . This indicator will run both methodology providing both a trend strength indicator (Efficiency Ratio) parameter and two constant parameter. Parameters The length parameter will control the period of the efficiency ratio, a high period return lower values of the efficiency ratio. Since its an indicator in a range of (0,1) we use it to make our indicator more adaptive in trending market, this is when we need our two constant parameters, the fast/slow parameter can be any amount of pips where fast < slow , when the price is trending (efficiency ratio close to 1) the indicator will use the fast parameter, if its ranging (efficiency ratio away from 1) the indicator will use the slow parameter, then it will work like the first methodology previously explained. So the fast parameter should be equal to a small movement of pips (0.0001 or 1 pip) and the slow parameter should be equal to a number of pips you wont expect to see in a ranging market. At this point it is good to test for both parameter and see which values work better (a more automatic process is in development) . Hope you like it !
Pine Script® Indikator
von alexgrover
12
makemoney-hybridSo this model is little different from moneymaker model in the following : The buy system based on super trend , the sell system =S is based on the volume model of money maker in the example we set 7% take profit for both long or short . you can set it even higher since btc very volatile now in cases where it did not reach the target its made min of 3% each direction So the buy in this system will be in true uptrend . since now the btc is falling more then going up we can make more money on shorts and wait for the longs when they come :) the bullish and bear zone based on super system you need to set correctly your take profit in order to make it to work . the more volatile will be the coin the better will be the results (this is the theory )
Pine Script® Indikator
von RafaelZioni
5