SuperTrend is a moving stop and reversal line based on the volatility (ATR).
- Modified initial algorithm
- Added Buy/Sell alerts
- Added Buy/Sell labels
- Fix erratum
- Converted to Pine V4
- Added an option to take candle wicks into account
From now, with checked "Take Wicks into Account" option the SuperTrend will respond more clearly than default one:
- Added long/short state highlighting
- Fixed bug with 4-price Doji candles
A list of Free indicators:
A list of Paid indicators:
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.