KivancOzbilgic

SuperTrend STRATEGY

STRATEGY version of SuperTrend Indicator:

SuperTrend is one of the most common ATR based trailing stop indicators.

In this version you can change the ATR calculation method from the settings. Default method is RMA, when the alternative method is SMA .


The indicator is easy to use and gives an accurate reading about an ongoing trend. It is constructed with two parameters, namely period and multiplier. The default values used while constructing a superindicator are 10 for average true range or trading period and three for its multiplier.

The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility .

The buy and sell signals are generated when the indicator starts plotting either on top of the closing price or below the closing price. A buy signal is generated when the ‘Supertrend’ closes above the price and a sell signal is generated when it closes below the closing price.

It also suggests that the trend is shifting from descending mode to ascending mode. Contrary to this, when a ‘Supertrend’ closes above the price, it generates a sell signal as the colour of the indicator changes into red.

A ‘Supertrend’ indicator can be used on equities, futures or forex, or even crypto markets and also on daily, weekly and hourly charts as well, but generally, it fails in a sideways-moving market.


Source function added to use the indicator as the ATR Trailing Stop indicator.
Just change source type hl2 to close.
different variations might be useful.
ملاحظات الأخبار: fixed time settings
نص برمجي مفتوح المصدر

قام مؤلف هذا النص البرمجي بنشره وجعله مفتوح المصدر، بحيث يمكن للمتداولين فهمه والتحقق منه، وهو الأمر الذي يدخل ضمن قيم TradingView. تحياتنا للمؤلف! يمكنك استخدامه مجانًا، ولكن إعادة استخدام هذا الكود في منشور تحكمه قواعد الموقع. يمكنك جعله مفضلاً لاستخدامه على الرسم البياني.

هل تريد استخدام هذا النص البرمجي على الرسم البياني؟
Twitter: @kivancozbilgic
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التعليقات

Nasıl çalıştığını anlatsayfiniz hocam daha güzel olacakti
+29 رد
@mirhom, Youtube videosu yayınlayacağım
+4 رد
Civan-L KivancOzbilgic
@KivancOzbilgic, Evet hocam bekliyoruz, :-)
+1 رد
esko29 KivancOzbilgic
@KivancOzbilgic, link gönderir misiniz video için teşekkürler
رد
sir how to set alert for crossovers
+23 رد
Hi
How can I use it ?
+9 رد
RicanHavoc maak_pk
@maak_pk, ive done some googling on his name , and there are some pages with some help. ive been trying to understand all the settings also
رد
Yorumlarda, teşekkür vs. çok naif, her emeğin bir ödülü olmalı, özellikle fayda sağlayıp gelir elde ednler,
Üstte grafiğin alt sağına doğru, BAĞIŞLA ifadesi var...
Sadece hatırlatmak istedim..
Kıvanç kardeşim eline sağlık, Ben analizde çok yeniyim, anlamaya çalışıyorum..
bunları anlayıp, ne zaman kazanacağım ..söz bağışım hazır.
+8 رد
Elinize sağlık hocam. Emekleriniz için teşekkür ederim
+7 رد
Bilginin zekatini veriyorsun ve coook dua aliyorsun, Allah seni hep iyi insanlarla karsilastirsin...
+6 رد