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SuperTrend MTF Pro [Cometreon]

4โ€ฏ980
The SuperTrend MTF Pro [Cometreon] takes the classic SuperTrend to a whole new level of customization and accuracy. Unlike the standard version, this indicator allows you to select different moving averages, apply it to various chart types, and fine-tune every key parameter.
If you're looking for an advanced, non-repainting, and highly configurable SuperTrend, this is the right choice for you.

๐Ÿ”ท New Features and Improvements
๐ŸŸฉ Multi-MA SuperTrend
Now you can customize the SuperTrend calculation by choosing from 15 different moving averages:
  1. SMA (Simple Moving Average)
  2. EMA (Exponential Moving Average)
  3. WMA (Weighted Moving Average)
  4. RMA (Smoothed Moving Average)
  5. HMA (Hull Moving Average)
  6. JMA (Jurik Moving Average)
  7. DEMA (Double Exponential Moving Average)
  8. TEMA (Triple Exponential Moving Average)
  9. LSMA (Least Squares Moving Average)
  10. VWMA (Volume-Weighted Moving Average)
  11. SMMA (Smoothed Moving Average)
  12. KAMA (Kaufmanโ€™s Adaptive Moving Average)
  13. ALMA (Arnaud Legoux Moving Average)
  14. FRAMA (Fractal Adaptive Moving Average)
  15. VIDYA (Variable Index Dynamic Average)


๐ŸŸฉ Multiple Chart Types
You're no longer limited to candlestick charts! Now you can use SuperTrend with different chart formats, including:
  1. Heikin Ashi
  2. Renko
  3. Kagi
  4. Line Break
  5. Point & Figure


๐ŸŸฉ Customizable Timeframe
Now you can adjust the SuperTrend timeframe without repainting issues, avoiding signal distortions.

๐Ÿ”ท Technical Details and Customizable Inputs
SuperTrend offers multiple customization options to fit any trading strategy:
1๏ธโƒฃ ATR Period โ€“ Defines the ATR length, affecting the indicatorโ€™s sensitivity.
2๏ธโƒฃ Source โ€“ Selects the price value used for calculations (Close, HL2, Open, etc.).
3๏ธโƒฃ ATR Mult โ€“ Multiplies the ATR to determine band distance. Higher values reduce false signals, lower values make it more reactive.
4๏ธโƒฃ Change ATR Calculation Method โ€“ When enabled, uses the default ATR method; when disabled, allows selecting another Moving Average with "Use Different Type".
5๏ธโƒฃ Source Break โ€“ Defines the price source for trend changes (Close for more stability, High/Low for more reactivity).
6๏ธโƒฃ Use Different Type โ€“ Allows selecting an alternative Moving Average for ATR calculation if "Change ATR Calculation Method" is disabled.
7๏ธโƒฃ SuperTrend Type โ€“ Advanced options for specific MAs (JMA, ALMA, FRAMA, VIDYA), with dedicated parameters like Phase, Sigma, and Offset for optimized responsiveness.
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8๏ธโƒฃ Ticker Settings โ€“ Customize parameters for special chart types such as Renko, Heikin Ashi, Kagi, Line Break, and Point & Figure, adjusting reversal, number of lines, and ATR length.
9๏ธโƒฃ Timeframe โ€“ Enables using SuperTrend on a higher timeframe.
๐Ÿ”Ÿ Wait for Timeframe Closes -
โœ… Enabled โ€“ Prevents multiple signals, useful for precise alerts.
โŒ Disabled โ€“ Displays SuperTrend smoothly without interruptions.

๐Ÿ”ท How to Use SuperTrend MTF Pro [Cometreon]
๐Ÿ” Identifying Trends
SuperTrend follows the ongoing trend and provides clear visual signals:
When the price is above the line, the trend is bullish.
When the price is below the line, the trend is bearish.

๐Ÿ“ˆ Interpreting Signals
Line color and position change โ†’ Possible trend reversal
Bounce off the line โ†’ Potential trend continuation
Strong breakout of the line โ†’ Possible reversal

๐Ÿ›  Integration with Other Tools
RSI or MACD to filter false signals
Moving Averages to confirm trend direction
Support and Resistance to improve entry points
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โ˜„๏ธ If you find this indicator useful, leave a Boost to support its development!
Every feedback helps to continuously improve the tool, offering an even more effective trading experience. Share your thoughts in the comments! ๐Ÿš€๐Ÿ”ฅ

Disclaimer

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