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Zigzagsupertrend

Zigzag Candles SupertrendHere it is, as promised, supertrend based on Zigzag candles. Earlier scripts on the Zigzag Candles expedition are here: Zigzag-Candles Zigzag-Candles-MA Zigzag candles parameters Length and CandleSize remain as is. Along with this, we also add MALength and AtrMult to calculate ATR based on the new candles and to use it to derive supertrend. UseZigzagCandles - selecting this will apply supertrend on zigzag candles and ignore the actual price candles completely. UseClosePrices - Uses close price as base instead of high/low. Can be used in both modes of price candles and zigzag candles.
Pine Script® indicator
by Trendoscope
Updated Oct 5, 2021
55

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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