ParCorn

Supertrend A/D Breakout

Modified Hoffman A/D:
1. uses standard supertrend to determine up/down direction (previous version used ema crossover)
2. uses improved A/D candlestick patterns

I'm optimistic about this one
Release Notes: fixed up the candle detection
Release Notes: reset key support/resistance after a trend change
Release Notes: small update to the supertrend calculation to use high and low instead of hl2
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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