Get started
Trendoscope

Adoptive Supertrend - Pivots

Trendoscope Wizard  
Average True Range (ATR) Pivot Points Volatility Stop supertrend
493
7
averagetruerange pivotpoints volatilitystop supertrend
Another experiment with Supertrend by making use of pivot point high/lows.

Trailing Stop types used in this indicator are:

  • ATR - plain ATR based supertrend
  • Breakout - ATR based supertrend combined with breakout. (Trailing triggered only if price change is higher than HighPriceChange multiplier times ATR.
  • Pivot Points - Trail only when new pivots created. Pivot stop multiplier is used below pivot low.
  • Combined - Combine everything together

Trial - www.trendoscope.io/trial
Subscribe - www.trendoscope.io/pricing
Telegram: p.trendoscope.io/telegram
Rate us : www.trustpilot.com/review/trendoscope.io
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.

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.

Want to use this script on a chart?