Multiple SuperTrends - evo — Indicator by EvoCrypto

volatility trendanalysis supertrend reversal range

Supertrend is one of the most popular and easy to use indicators out there. Here are 15 supertrends each having a different ATR multiple from price. This can be used to find ranges (often followed by a reversal) or to create a filter for fake signals.

In the input tab "Spacing" you can change the space between each supertrend, setting this to 0 would be a normal supertrend. You can also change style, color, line width and transparency all in the input tab.

Pine code tip: Change line 21 to 'true' to make editable true.

Enjoy! :)

Release Notes:

Fixed a color typo

Release Notes:

Fixed linebreak problem mentioned in the comments.

Release Notes:

Added alerts when the last line has been crossed. Buy, sell and both signals in one.

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.

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