OPEN-SOURCE SCRIPT
AetherEdge - SuperTrend Multi-Factor
🖊️ Overview
AetherEdge SuperTrend Multi-Factor is a next-generation 3-layer confluence signal engine that evolves the classic SuperTrend with a volatility-adaptive dynamic multiplier. It integrates SuperTrend flips, EMA trend filtering, and volume confirmation into a unified scoring system, extracting only high-conviction entry points by ruthlessly eliminating noise. Combined with automatic SL/TP calculation, this is a professional-grade all-in-one trend-following system that supports the entire trade lifecycle from entry to exit.
🔶 Key Features
Dynamic ATR Multiplier: Auto-scales multiplier with volatility regime
3-Factor Confluence: Integrated score of ST + EMA + Volume
4 EMA Filter Modes: Fast>Slow / Price vs Fast / Price vs Slow / Slope of Fast
Volume Breakout Confirmation: MA-multiple threshold detects genuine momentum
Strong / Weak Signal Classification: Visually distinguishes 3/3 full alignment vs partial
Automatic SL/TP Generation: SuperTrend-based + ATR buffer + customizable RR
Trend Band Fill: Instant directional visualization
Statistics Dashboard: One-glance view of trend state, score, ATR dynamics
AetherEdge Premium UI: Dark mode support, refined palette
🧠 Technical Architecture
This indicator employs a multi-factor confluence architecture that probabilistically integrates multiple independent signal sources to overcome the fragility of single-indicator systems.
Dynamic Multiplier Engine:
volRatio = ATR(current) / ATR_SMA(lookback) measures current vs average volatility
Clamped to [0.6, 1.6] to suppress extremes
dynMult = baseMult × volRatioClamped achieves adaptive band width
Result: bands widen in high-vol (avoid fakeouts), tighten in low-vol (early response)
Custom SuperTrend Logic:
Upper/lower bands built around src = (H+L)/2
Persistence rule: upperBand updates only if new value is lower, or previous close exceeded prior band
trendDir flips +1 when close > upperBand[1], -1 when close < lowerBand[1]
EMA Filter Layer: 4 selectable modes for direction validation matched to market character
Volume Filter Layer: volume > volMA × volMult measures participant conviction
Confluence Scoring:
scoreBull = stFactor + emaFactorBull + volFactor (max 3 points)
3 points = Strong Signal (gold highlight)
1 point = Weak Signal (reference only)
Risk Management Engine:
SL = SuperTrend line ± (ATR × buffer)
TP = entry ± (Risk × rrRatio)
Mechanical exit levels via risk-reward ratio
⚙️ Recommended Settings & Tuning Guide
Crypto Defaults:
BTC (4H–1D): atrLen=10, atrMult=3.0, EMA 50/200, vol×1.2 (standard)
ETH (1H–4H): atrLen=12, atrMult=2.5, EMA 21/100 for momentum
SOL (high-vol): atrLen=14, atrMult=3.5, useDynMult=true essential
XRP (range-heavy): atrLen=10, atrMult=2.8, vol×1.5 for precision
EMA Mode Selection:
Trend-Following: Fast>Slow (both sides) is strongest
Pullback Hunting: Price vs Fast for short-term bounce capture
Macro View: Price vs Slow for major trend confirmation
Early Entry: Slope of Fast for momentum detection
Tuning Guide:
Strong Trend: atrMult=2.0–2.5, frequent entries
Range-Bound: atrMult=4.0–5.0, fewer fakeouts
Volatility Expansion: useDynMult=true for auto-adaptation
Conservative: rrRatio=2.5–3.0, win-rate focused
Aggressive: rrRatio=1.5, turnover focused
💡 How to Use in Practice
3/3 Strong Signal: Top-priority entry, consider full position
2/3 Signal: Half position or stand aside
ST Flip Only: Reference only, await additional confirmation
Pullbacks Within Trend: Re-enter on ST line touch
SL Line Management: Use ST as trailing stop
TP Hit: Mechanical exit at rrRatio target, eliminates emotion
AetherEdge Synergy:
Volume Profile Session POC + Strong Signal alignment = institutional sync entry
Self-Evolving S/R Grid strong line touch + ST flip = reversal candidate
Hull MA Ribbon Strong Bull + 3/3 Bull Signal = perfect long
Multi-TF Application: Confirm direction on daily ST → wait for 3/3 on 4H → precision entry on 1H
⚠️ Important Notes
Dynamic Multiplier Behavior: Multiplier shifts rapidly during volatility spikes—tune base parameter carefully
EMA Repainting: None; safe on closed bars
Volume Data: Set useVol=false on instruments lacking volume (e.g., FX)
Sideways Markets: Native SuperTrend weakness—use cautiously in chop
SL Buffer: 0 is strict; 0.5+ helps avoid stop-hunting
Consecutive Signals: In strong trends, prioritize the first signal
🚨 Disclaimer
This indicator is a technical analysis tool provided for educational and research purposes only and does not constitute financial advice. Multi-factor confluence signals and automated SL/TP levels are statistical approaches based on historical data and do not guarantee future profits. All trading decisions are made at your own risk and should be accompanied by proper risk management.
AetherEdge SuperTrend Multi-Factor is a next-generation 3-layer confluence signal engine that evolves the classic SuperTrend with a volatility-adaptive dynamic multiplier. It integrates SuperTrend flips, EMA trend filtering, and volume confirmation into a unified scoring system, extracting only high-conviction entry points by ruthlessly eliminating noise. Combined with automatic SL/TP calculation, this is a professional-grade all-in-one trend-following system that supports the entire trade lifecycle from entry to exit.
🔶 Key Features
Dynamic ATR Multiplier: Auto-scales multiplier with volatility regime
3-Factor Confluence: Integrated score of ST + EMA + Volume
4 EMA Filter Modes: Fast>Slow / Price vs Fast / Price vs Slow / Slope of Fast
Volume Breakout Confirmation: MA-multiple threshold detects genuine momentum
Strong / Weak Signal Classification: Visually distinguishes 3/3 full alignment vs partial
Automatic SL/TP Generation: SuperTrend-based + ATR buffer + customizable RR
Trend Band Fill: Instant directional visualization
Statistics Dashboard: One-glance view of trend state, score, ATR dynamics
AetherEdge Premium UI: Dark mode support, refined palette
🧠 Technical Architecture
This indicator employs a multi-factor confluence architecture that probabilistically integrates multiple independent signal sources to overcome the fragility of single-indicator systems.
Dynamic Multiplier Engine:
volRatio = ATR(current) / ATR_SMA(lookback) measures current vs average volatility
Clamped to [0.6, 1.6] to suppress extremes
dynMult = baseMult × volRatioClamped achieves adaptive band width
Result: bands widen in high-vol (avoid fakeouts), tighten in low-vol (early response)
Custom SuperTrend Logic:
Upper/lower bands built around src = (H+L)/2
Persistence rule: upperBand updates only if new value is lower, or previous close exceeded prior band
trendDir flips +1 when close > upperBand[1], -1 when close < lowerBand[1]
EMA Filter Layer: 4 selectable modes for direction validation matched to market character
Volume Filter Layer: volume > volMA × volMult measures participant conviction
Confluence Scoring:
scoreBull = stFactor + emaFactorBull + volFactor (max 3 points)
3 points = Strong Signal (gold highlight)
1 point = Weak Signal (reference only)
Risk Management Engine:
SL = SuperTrend line ± (ATR × buffer)
TP = entry ± (Risk × rrRatio)
Mechanical exit levels via risk-reward ratio
⚙️ Recommended Settings & Tuning Guide
Crypto Defaults:
BTC (4H–1D): atrLen=10, atrMult=3.0, EMA 50/200, vol×1.2 (standard)
ETH (1H–4H): atrLen=12, atrMult=2.5, EMA 21/100 for momentum
SOL (high-vol): atrLen=14, atrMult=3.5, useDynMult=true essential
XRP (range-heavy): atrLen=10, atrMult=2.8, vol×1.5 for precision
EMA Mode Selection:
Trend-Following: Fast>Slow (both sides) is strongest
Pullback Hunting: Price vs Fast for short-term bounce capture
Macro View: Price vs Slow for major trend confirmation
Early Entry: Slope of Fast for momentum detection
Tuning Guide:
Strong Trend: atrMult=2.0–2.5, frequent entries
Range-Bound: atrMult=4.0–5.0, fewer fakeouts
Volatility Expansion: useDynMult=true for auto-adaptation
Conservative: rrRatio=2.5–3.0, win-rate focused
Aggressive: rrRatio=1.5, turnover focused
💡 How to Use in Practice
3/3 Strong Signal: Top-priority entry, consider full position
2/3 Signal: Half position or stand aside
ST Flip Only: Reference only, await additional confirmation
Pullbacks Within Trend: Re-enter on ST line touch
SL Line Management: Use ST as trailing stop
TP Hit: Mechanical exit at rrRatio target, eliminates emotion
AetherEdge Synergy:
Volume Profile Session POC + Strong Signal alignment = institutional sync entry
Self-Evolving S/R Grid strong line touch + ST flip = reversal candidate
Hull MA Ribbon Strong Bull + 3/3 Bull Signal = perfect long
Multi-TF Application: Confirm direction on daily ST → wait for 3/3 on 4H → precision entry on 1H
⚠️ Important Notes
Dynamic Multiplier Behavior: Multiplier shifts rapidly during volatility spikes—tune base parameter carefully
EMA Repainting: None; safe on closed bars
Volume Data: Set useVol=false on instruments lacking volume (e.g., FX)
Sideways Markets: Native SuperTrend weakness—use cautiously in chop
SL Buffer: 0 is strict; 0.5+ helps avoid stop-hunting
Consecutive Signals: In strong trends, prioritize the first signal
🚨 Disclaimer
This indicator is a technical analysis tool provided for educational and research purposes only and does not constitute financial advice. Multi-factor confluence signals and automated SL/TP levels are statistical approaches based on historical data and do not guarantee future profits. All trading decisions are made at your own risk and should be accompanied by proper risk management.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
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.