Interesting performance for Super Trend strategy for Tesla ( TSLA ) 1m chart. Params: ST Mult: 3, ST Period 120. Performance:61% profit, 637 trades, only 33% prof, 4.84% dd , 0.4 Sharpe. On its own, it might be not a very good strategy, but the big amount of trades allows you to add more filters and improve it. The strategy is not bad both with "when" params...
Inspired by and To be used with SuperTrend by Alex Orekhov (everget)
Introduction Trailing stop are important indicators in technical analysis, today i propose a new trailing stop A2RTS based on my last published indicator A2RMA (1), this last indicator directly used an error measurement thus providing a way to create enveloppes, which provide a direct way to create trailing stops based on highest/lowest rules. The Indicator ...
Hello traders This is an example of how you can add multiple indicators into a unique one In this instance, I added two supertrend multitimeframes and draw them on a different timeframe chart Enjoy David
Trend-following indicator combining SuperTrend with Chiku breakout from Ichimoku
Similar to X system but here I use the super trend with MTF function the sell option depend on the % channel sell seen in red as bearish rule (so both need to agree) the buy option depend only on the MTF which is set on 2 hour on 1 hour candles. you can try to modify if you want shorter times to see if it better if you want it sell more just remove the and...
So how this system work ? 1. the bullish and bearish zones in lime and red are based on percent channel (you can modify it according to your needs) . this now is on 1 hour candles so I set it to 1% above and 3% bellow for BTC on bitmex. 2. we ha RSI super trend system which generate our buy and sell signals . Since the Super trend is an RSI like it act like one...
A test of the Supertrend Indicator. If I have made any mischaracterizations and mistakes, please let me know in the comments.
Introduction Based on my previous indicator , this indicator plot a trailing stop using classic conditions. Using The Indicator Like any trailing stop when price is higher than the trailing stop this imply a buy signals, when price is lower than the trailing stop this imply a sell signal. It is possible to use decimals instead of integers for length as...
This is a redesign of the SuperTrend indicator. It removes stupid transitions between SuperTrend states and highlights initial points for both lines. SuperTrend is a moving stop and reversal line based on the volatility (ATR).
There is already SuperTrend indicator and thanks to its developer. This script draws supertrend for current and higher time frame, it automatically calculates higher time frame and you don't need to adjust it when you change the period. it also change the color of bars according to current and HTF supertrend, so you can see the trend by looking at bars...
There are many supertrend scripts, most uses close as source. This one uses EMA. You can change periods and factor settings by your trading strategy.
More Efficiency Based on the Auto-Line code, the Efficient Auto Line aim to provide a more controlled adaptivity of the indicator. The first indicator of this sort worked this way : when the absolute difference between the price and the indicator is higher than the previous indicator +/- A pips of amplitude, the indicator will display the closing price, else...
Using this script with some changes I try to build the RSI SUPERTREND model with MTF function I think its need more work to refine it but as idea its nice
This is hybrid of Super trend and RSI the green and red zones are by the supertrend so it seems the two indicator can compleemnt each other
New version of SuperTrend MultiTimeframe with alert. It is like old version but use V3 of PineScript (no repainting if you want to change it and transform in strategy). Enjoy!
So this model is little different from moneymaker model in the following : The buy system based on super trend , the sell system =S is based on the volume model of money maker in the example we set 7% take profit for both long or short . you can set it even higher since btc very volatile now in cases where it did not reach the target its made min of 3% each...
A derivation of the famous SuperTrend indicator. My motivation for such indicator was to use more recursion in the original SuperTrend code, this work was made quite fast but feel free to modify it, as always my work is more for inspirational use than anything else so i hope it will inspire you to get more involved with the SuperTrend code or to start coding...