ALGOME - Standard Pivot Point + SuperTrend_V22.1.0
SuperTrend and Pivot Point combination can result in smoothing trends, reducing the number of trades & enhance the overall performance of the SuperTrend.
Directional Indication:
Enter LONG position when SuperTrend + Pivot Point changes direction from down-trend to up-trend
Enter SHORT position when SuperTrend + Pivot Point changes direction from up-trend to down-trend
Useful Parameters & Settings:
Set Pivot Point Period, ATR Factor, ATR Period, Target, SL, Time Frame & many other values that best suits
To trade on the Real-time bar, Go to Strategy Settings >> Properties >> Recalculate and select the "On Every Tick" option.
Untick the "Signal Labels" option from Settings >> Style property window for a clean chart view.
Alert Message: Type in the alert message as "{{strategy.order.alert_message}}"
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.