SuperTrend It is a standard ATR (Average True Range)-based Trailing Indicator. The indicator takes two default values ATR Period and Factor. The standard settings for Super Trend I have seen are 10,3 or 10,2. These settings will not work for all the instruments, and we end up manually changing these settings. This is where Auto-Adjust Supertrend adds value. Auto-Adjust SuperTrend finds the optimized settings for ATRPeriod and Multiple using a defined algorithm to check all the different ATR Periods and Factors. It backtests different combinations of ATR Period and Factors and Indicator switches to these profitable settings as soon as it detects most profitable setting among given range in the settings.
Default ATR Period : 10 to 20 Default Factor : 2 to 5
The above settings can be altered in the indicator settings. Please do keep in mind that the performance of the indicator reduces as we increase the default settings range.
Thanks for sharing the "Auto Adjust SuperTrend". I tested it in my setup and was very happy with the results. As always a Great Job! :)
manuel8778
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los Trend están siendo muy utilizados, el problema es que la volatilidad no siempre es la misma , por lo cual es muy positivo el concepto que se ajuste por si mismo segun las condiciones del mercado, como siempre un muy buen trabajo :)