Supertrend indicator thinkorswim

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• These indicators are your roadmap, guiding you through the labyrinthine world of stocks, futures, and options trading. com/partner/TradeProKYC Crypto Exchange Bybit: https://partner. useThinkScript is the #1 community of stock market investors using indicators and other tools to power their trading strategies. It works with any timeframes. Indicators on the forum that do not have a "repaints" prefix generally don't repaint. Author Message: The tool designed to help traders identify the best zone to enter in a position revisiting the usage of Dec 17, 2018 · This is a Supertrend indicator for ThinkorSwim created by Mobius. Add to favorite indicators. The world’s first self-optimizing SuperTrend indicator. Users can use the Supertrend Factor to detect shorter or longer-term trends. The largest and most active community of investors and traders who use thinkorswim's thinkScript indicators and other custom programming languages to chart, trade, and make money in the stock market. Studies are technical indicators that calculate certain values for each bar on chart. Aug 5, 2022 · Trader Zen, what a wonderful effort! I am using your thinkscript with #Must Load as a Strategies #Modified Modius Supertrend With Reversal, Trend Direction AND mADX INDICATOR #10. 2019 - tomsk - Modified the logic, cleaned up code for consistency # V2. Here's the WaveTrend Oscillator script for ThinkorSwim. 07%. Hull reversal point, 2. Nov 18, 2019 · # SuperTrend CCI ATR Trend # tomsk # 1. # Works similar to how Yahoo Finance Supertrend works and displays. It provides signals whenever the price breakout the current trend line. Of course, the accuracy of the signals will be higher with Jun 15, 2024 · he "BBTrend w SuperTrend decision - Strategy " is a trading strategy designed to identify market trends using Bollinger Bands and SuperTrend indicators. It plots a connected dotted line Mar 31, 2023 · This indicator will generate a supertrend of your chosen configuration on any of the following indicators: RSI MFI Accum/Dist Momentum On Balance Volume CCI There is also a RANGE FILTER built into the scripts so that you can smooth the indicators for the supertrend. 2. Got distracted testing some other indicators but going to test it again now that it's on TOS. Code: # SuperTrend Multiple Time Frames # Modifled by SuryaKiranC # V05. Here is the Enhanced version of the popular Trend Reversal indicator available here for ThinkorSwim. The SuperTrend Indicator is a technical analysis tool designed by Olivier Seban. View Tick PnL, Profit Factor, and Win Rates. Today, looking for help to convert the "KyleAlgo" indicator in TradingView. by RConner7. If you want to learn more about it see: 🔶 Oct 4, 2023 · #Hint:Supertrend Indicator: shows trend direction and gives buy or sell signals according to that. This chart indicator is a combination of two indicators found here and elsewhere but combined into a single plot - the CCI ATR Trend indicator and Supertrend. 18. However, determining the correct trend is not enough for profitable entries. 7; input nATR = 4; input AvgType = AverageType. It uses Average True Range (ATR) and median price to calculate the upper and lower trend line. Is it because the longer aggregation data (agg2/3: Day) feeding values that make the plot behave this way (0 value, extreme ranges). 91%) – not including dividends. The EXIT is possible in two ways: Aggressive - when changing the color of the indicator to the opposite. This supertrend indicator is a bottom indicator and plots the supertrend for 5 different time periods. Methodology: Lets Oct 14, 2023 · Author Message: The Predictive Channels indicator is a real-time estimate of a trend channel. Contribute to sureshja/ThinkOrSwim development by creating an account on GitHub. Holds supertrend value until cross. Now, not all indicators are created equal. Code: # SuperTrend Yahoo Finance Replica - Modified from Modius SuperTrend. Sep 30, 2019 · yep. Feature: There are two types of technical indicators in thinkorswim: studies and strategies (not taking into account the multitude of the pre-defined patterns, as there is a separate section in the manual dedicated to these). 27. NaN else Overbought ĭef ATR = MovingAverage (AvgType, TrueRange (high, close, low), nATR) ĭef DT = sum (RSIDT and close > ST and close ST then close else Double. I'll also go through and compare to the non MTF version to see what magic you made here get a bit better at this. In the dropdown menu that appears, click “Open shared item”. 17. Apr 1, 2024 · But let’s analyze the trading statistics and performance metrics. I was testing it for a few days previously on TV and pretty good correlation on reversals but due to the delay, it's good to use with something else for confirmation. The ATR indicator is Aug 7, 2019 · Here is a watchlist column that will match the color of the last bar in case anyone wants to use it. In financial trading, a trend is only your friend when you can correctly predict its direction. It also allows for the anticipation of the potential price cross with the SuperTrend. On Balance Volume. It provides deeper insights into trends by standardizing the SuperTrend with respect to its upper and lower bounds, allowing traders to identify potential reversals and contrarian signals. The top most line shows when all the supertrend on the different time frame aligns (show same Aug 26, 2023 · I combined PSAR and ST to select from with options. VERY GOOD AT CATCHING REVERSALS. This is a redesign of the SuperTrend indicator. I open 3 seperate supertrends and set them as follows: I set my “ATR Length” to 10 for all 3. Mar 2, 2020 · It now has some more instructions so listen up: Tip 1: Personally I'll only be using the big arrow signals as well as the sell put signal. #1. Average gain per trade is 11. Annual Return: 5. Aug 8, 2019 · The indicator works with 10D 5m with Auto/Fit checked, but not with 5D 5m with Auto/Fit checked. 2020 # V1. It also introduces Generation 3 Scanning, whereby the indicator can be used during scans to find both the most profitable signals and best possible settings simultaneously. Jan 7, 2019 · Jan 7, 2019. Supertrend Indicator: shows trend direction and gives buy or sell signals according to that. BOOLEAN_ARROW_UP); GU Supertrend Indicator by Mobius for ThinkorSwimhttps://usethinkscript. oh hi Mobius, i noticed you from a lot of the other comments i saw elsewhere on supertrend. (that is, the color that is applied using the studies "directional" color assignment" # START STUDY ## SuperCombo Bull/Bear Indicator ## linus, 2014-07-24, v0. Very simple to use, so that even a beginner can ta Aug 16, 2023 · The AI SuperTrend Clustering Oscillator is an oscillator returning the most bullish/average/bearish centroids given by multiple instances of the difference between SuperTrend indicators. Traders of all skill levels use our forums to learn about scripting and indicators, help each other, and discover new ways to gain an edge in the markets. I open 3 separate supertrends and set them as follows: I set my “ATR Length” to 10 for all 3. I do not use this indicator myself # Mobius # SuperTrend HeikenAshi # Chat Room Request # V03. Performance statistics shown right on the chart. Ehlers, based on a non-linear quotient transform. 67% of the time. WORKS WELL ON 1 AND 5 MIN CHARTS. Here is the Sep 27, 2022 · Highly requested super accurate Supertrend + CCI trading strategy for scalping on 5, 15 minute timeframes. It is possible to identify when a retracement is present in a trend. Usage. CCI. 1 #hint: SuperTrend of price, RSI and Ultimate Oscillator, combined with Chandelier stops. Feature: It has 4 scan modes: Aug 17, 2023 · The Volume SuperTrend AI is designed to provide traders with insights into potential market trends, using both volume-weighted moving averages (VWMA) and the k-nearest neighbors (KNN) algorithm. Before we jump into what's new, I just want to clarify that the new version will continue to repaint. Mobius states that the three indicators should be positive, on three timeframes. ts file. Jul 16, 2019 · # WatchList for SuperTrend Crossover # Mobius in thinkScript Lounge 10:58 AM 8-8-17 input AtrMult = . It is a trend-following indicator that combines price and volatility to generate its signals. Generation 3 scans tell you which symbols SuperTrend performs best on. on 30m to 4h and on daily to weekly Latest version. Conservative - when the price crosses the indicator line. Oct 6, 2023 · Keep in mind that research has never found that any one indicator used in isolation is profitable. Jun 18, 2019 · Lifetime. when i did it the 2nd way on the page, the manual import, that way worked. A white label means that the two are crossing over, implying a trend May 13, 2023 · CSS: #--- SuperTrend, Bollinger Trend, Sushi Trrend indicator # Converted and modifiedTrueRange by Sam4Cok@Samer800 - 05/2023 # Sushi Trend Code Fix - 11/2023 input BarsColor = no; input SupertrendCloud = no; input ShowTrendLine = yes; input ShowZigZag = no; input ShowMovAvgLine = no; input ShowSignals = yes; input UseMovAvgFilter = no; input Aug 16, 2019 · Ruby: # SUPERTREND BY MOBIUS AND CCI ATR TREND COMBINED INTO ONE CHART INDICATOR, BOTH IN AGREEMENT IS A VERY POWERFUL SIGNAL IF TRENDING. Added pullback entry dot which is integrated with scan code (2/-2 - pullback entry) https://tos. 1 - 01. The indicator returns 2 resistances, 2 supports, and an average line. NaN else Oversold RSI Dec 3, 2023 · This is a really cool indicator. 06. . It applies only one trendline curve to display market trend reversal points. Now thinkorswim lets you share The price is for Super Trend indicator, SCAN, screener Bundle for Thinkorswim TOS. Never-seen-before odds stacking. 10. I use the supertrend indicator on tradingview charts I view from CME Group’s website. These Trend indicators can be used in combination with a strategy for It will print “strongly similar” signals when compared to the SuperTrend indicator. 2020 - tomsk - Enhanced state transition engine to only display latest trend # SUPERTREND BY MOBIUS AND CCI ATR TREND COMBINED INTO ONE CHART INDICATOR, # BOTH IN AGREEMENT IS A Dec 17, 2018 · This is a Supertrend indicator for ThinkorSwim created by Mobius. Sep 8, 2022 · Everything you need to know to get started with Supertrend Performance for ThinkOrSwim. You have one of the many studies based on what I wrote that was then altered by others without making the proper notes in the header of the study. The Supertrend indicator is a non-repaint MT5 trend indicator. This indicator can give you exact buy or sell signals in a strong trending market. Shared on 02/26/18 15:25:32 SuperTrend SCRIPT_STUDY. SuperTrend Indicator is good to identify the trend of current market. Here's a breakdown of each variable: a1: Represents a modified Exponential Moving Average (EMA) of the high price series, subtracted by a Simple Moving Average (SMA) of the low price series. OB = if IsNaN (close) then Double. Once you’ve tweaked the settings, copy & paste the script into a new template and add the following code to the bottom of your script for the Buy/Sell signals: plot GU = BuySignal; GU. This oscillator is made of three components, all derived from the SuperTrend indicator. They help traders like you and me analyze market trends, price action, and volume. It also has alerts for trend change. You are invested 62. ts import file. com/threads/supertrend-and-rs It provides signals whenever the price breakout the current trend line. As you can see in the algorithm the script gives weigth to past pivot points, this is done for smoothing it a bit. Nan OS = if IsNaN (close) then Double. 3. The indicator includes short, medium, and long length of trend lines. mx/fAmwq9V overall this is very good volatility based indicator. com/b/dailyinvestme Jan 18, 2017 · Method 2: Copying & Pasting the TOS Sharing Links. There is also a RANGE FILTER built into the scripts so that you can smooth the indicators for the supertrend. What sets this strategy apart is its use of two Bollinger Bands with different lengths to capture both short-term and long-term market trends, providing a more comprehensive view of market Dec 4, 2019 · Here is Mobius SuperTrend with Heiken Ashi. Fi Mar 27, 2020 · Creating a "SuperTrend Yahoo Finance Type" for ThinkorSwim involves adapting Yahoo Finance's SuperTrend indicator for use in ThinkorSwim's platform. By fusing these two indicators, SuperBollingerTrend aims to provide traders with a more comprehensive view of the market, accounting for both volatility and trend direction. Highlights. The price is above the blue line. Jul 7, 2021 · @ashishsoni You haven't posted a link back to the original code, nor posted an image of the chart showing the indicator, nor given reason why this code performs any better than existing Thinkorswim Supertrend indicators We don't simply convert scripts from other platforms upon request and very few requests are ever fulfilled unless there is Apr 9, 2023 · Author Message: This indicator will generate a supertrend of your chosen configuration on any of the following indicators: RSI; MFI; Accum/Dist; Momentum; On Balance Volume; CCI; There is also a RANGE FILTER built into the scripts so that you can smooth the indicators for the supertrend. I added option to enable HeikinAshi source instead of normal source, Not totally new indicator but it can be helpful tool. Prev. 0 - 08. Dec 18, 2020 · This group of indicators are used on a Higher Agg chart to confirm that a stock that was identified with a strategy such as Moving Average Cross, Trend Reversal, Divergences, OpenBreakOut, GapUp, BuyTheDip, etc. Sep 8, 2023 · Thinkorswim indicators are tools within the TD Ameritrade thinkorswim trading platform. Came LazyBear over at TradingView version that was ported from TS/MT, also known as "The Perfect Leading Indicator. . com/threads/supertrend-indicator-by-mobius-for-thinkorswim. 7; Aug 16, 2019 · Hi to all!!! A boring day watching SPY burn theta so thought I'd jump on here and contribute back. Oct 12, 2021 · @tem2005 Just like the Super_Trend upper indicator this is a repainting Indicator, that mean each Green/Red Dot will continue to repaint till the correspondent TF candle is closed, and the Triangle appears Green as long as all 5 Frames old the same trend, It helps visually, what side of the trade you would want to take. Feb 26, 2018 · SuperTrend SCRIPT_STUDY. This is an optional configuration in the settings. How it works: Calculations are done using the 5 and 21 period Exponential Moving Averages. This is a free indicator for ThinkorSwim that will automatically draw trend lines on your trading charts. Break of the Super Trend. Ehlers' previous studies, the Super Smoother Filter and the Roofing Filter, were used and expanded to create this new complex technical indicator. Use the following steps to install the indicators: On the Charts screen go to Studies -> Edit studies…. Nearby ratio: a unique feature which is only SuperTrend Bulls Eye is the world’s first self-optimizing SuperTrend indicator which finds optimal settings for you across all markets, chart-types, and time frames. Apr 15, 2020 · The idea is behind this script is finding pivot point, calculating average of them and like in supertrend creating higher/lower bands by ATR. Apr 10, 2022 · 1. Just go into your ThinkOrSwim application, and click the “Setup” menu in the top right corner (gear icon). " According to the Forex indicator: It features a sophisticated algorithm which enables it to detect true reversals in a extremely accurate manner. Jul 26, 2019 · Jul 26, 2019. The shared link will exclude the plot "combostrong" which is still usable but slighlty less accurate. # Modified Modius ver. Click on Import and select the SuperTrendSTUDY. It would be great if all the supertrend values could be changed but the defaults are the ones shown. (you can tweak this in settings). Strategies, on the other hand, also provide you with historical trade signals: time and price Oct 29, 2020 · Trade Forex, stocks, crypto, indices, commodities with no VPN/KYC at BingX: https://bingx. It provides deeper insights into trends by standardizing the SuperTrend with respect to its upper and lower bounds, allowing traders to identify potential Supertrend Reccomendation. Repainting was the problem with the original Trend Reversal. When the candles are painted red it means the stock is Feb 6, 2024 · The Supertrend Volume Oscillator is an innovative tool that integrates volume analysis with the established Supertrend indicator to offer a unique perspective on market conditions. bybi Dec 11, 2023 · Hello, I'm new to the forum and just starting with TOS script. The Underlying Concept : What is Nov 21, 2019 · Since there is great recent interest in the MTF series, I pieced together a CHANGE LOG of all the RSI in Laguerre Time MTF studies. This includes, importing the indicator to the platform, applying it to the chart, changing the May 19, 2022 · How to Use the Supertrend Indicator on Thinkorswim. MFI. You can adjust the look from the options. Key settings such Apr 2, 2022 · #blt base multicolored candles exanded to for more colors #Mobius Supertrend and Fractal Energy Adjusted RSI in Laguerre Time included #Top half of candles color determined by Supertrend, bottom half determined by the Mobius Self-Adjusting RSI in Laguerre Time #Dot in center of candle if FLE is above . SetPaintingStrategy (PaintingStrategy. The main oscillator value above 0 indicates that the price is above the SuperTrend. Here then is the CHANGE LOG that details each version's ThinkScript Studies and Strategies . 79% of the trades are winners. The ATR indicator is most commonly used as volatility indicator. It appears that several variables have identical values and can be combined. Once imported the study will be available as SuperTrend in the Studies list. Feb 8, 2023 · Repaints Smart Money Range [ChartPrime] for ThinkOrSwim: Indicators: 11: Oct 14, 2023: Loken (v4) Bullish Smart Money for ThinkOrSwim: Indicators: 36: Sep 22, 2023: ICT Donchian Smart Money Structure (Expo) for ThinkOrSwim: Indicators: 9: Jul 2, 2023: S: Smart Money Index (SMI) Indicator for ThinkorSwim: Indicators: 29: Oct 27, 2019 Feb 18, 2022 · 🔥 FREE - COPY TRADE US ON BYBIT: https://i. Being a trend-following analysis technique, its main purpose is to address the problem of lag Jun 17, 2019 · Jun 17, 2019. CODE: c = srcTF; h = hiTf; l = LoTf; c = srcMTF; Oct 19, 2023 · Author Message: The "Smart Money Breakouts" indicator is designed to identify breakouts based on changes in character (CHOCH) or breaks of structure (BOS) patterns, facilitating automated trading with user-defined Take Profit (TP) level. The indicator is in a range of (-100,100) with values closer to 100/-100 indicating a stronger trend. This indicator is based on the work of The Lawyer Trader's Trend_Fuzz study. Jan 25, 2022 · https://usethinkscript. It is used to identify market trends and potential entry and exit points in trading. input AtrMult = 1. With each timeframe agreeing sequentially, one SOON AFTER another. 618 #If you want to change colors, Grow Color is the effective color - look for GetColor Sep 20, 2021 · Mobius Volume Waves, Trend Pivots and RSI Laguerre . 2019 - dtek - Initial release of SuperTrend CCI ATR Trend # V2. I found this code while exploring this topic on Research Trade. SuperTrend is a moving stop and reversal line based on the volatility (ATR). 8259/#thinkorswim#tradingapp#tradingindic Jul 9, 2021 · Here is how to use this. I want to add a 200 EMA also. The Onset Trend Detector study is a trend analyzing technical indicator developed by John F. Labels are included in the top left-hand corner to let you know the current market condition. View attachment 953. VIP price is: $69. 2962/page-2#posts Supertrend and was blown away by its efficiency when paired with other indic Using the SuperTrend Strategy is the best intraday indicator on Webull. If the automatic link method above doesn’t seem to work, don’t fret. Almost all the indicators on the forum will have the current candle update every tick until the candle is closed. By combining these approaches, the indicator aims to offer more precise predictions of price trends, offering bullish and bearish signals. Jun 18, 2019. a2: Takes the square root of the lowest value Feb 27, 2018 · SuperTrend is blue. The ATR indicator is My SuperTrend does not show arrows. I set my “Factor” to 3 on the first, 2 on second, 1 on the third. Sep 18, 2023 · Thank you @samer800 you are truly a god. color Donchian Trend Ribbon, 3. for some reason, the first way wasn't working. 2021 # An attempt to Support autoswitch of Highr Frames with chart frame changes. The standard settings for the indicator are a ‘period’ of 10 and a ‘factor’ of 3. input lengthCCI = 50; input lengthATR = 5; input AtrFactor = 0. By combining trend identification with volatility analysis, the SuperBollingerTrend Sep 12, 2023 · The author states: The lines calculate several intermediate values used in the indicator's calculations. A green label means the 5 EMA is above the 21 EMA, a red label means the opposite. Apr 18, 2024 · Description. Essentially what the strategy does is lookback to find the previous high and low. Stop Loss is set above/below the previous local minimum/maximum. May 5, 2023 · Overview The SuperBollingerTrend indicator is a combination of two popular technical analysis tools, Bollinger Bands, and SuperTrend. median length: used to calculate the median price. The Supertrend indicator can get market buy and sell signals and be used as a trailing stop to manage existing positions. Im looking for a plugin or supertrend indicator I can add to my Mar 27, 2020 · Yahoo Finance version. Jan 29, 2024 · The author states: (My goal creating this indicator) : Provide a way to enter the market systematically, automatically create Stop Loss Levels and Take Profit Levels, and provide the position size of each entry based on a fix Percentage of the traders account. If price close breaks the previous high and all 3 I use the supertrend indicator on tradingview charts I view from CME Group’s website. # Provide Support for Chart Frame 1m to 4H. This is often indicated by an oscillator value moving within 50/-50. Instruction 1: The neon blue size 1 up arrows are the new "sellput" plot. Two of Mr. Any changes to these numbers can affect the use of the Once you purchase the product, you will receive a link to download the SuperTrendSTUDY. 0 - 11. Usage The SuperIchi indicator can be interpreted similarly to a regular Ichimoku. Folks, I took a look at post #1 of the Trend Magic MTF study that was posted in August. #27. So must uncheck Auto/Fit to use 5D 5m. How It Works. 0 # MTF Anticipated Price Level with 24 Steps of 6 phases in a trade Cycle. has the trend, momentum, and volume to result in a profit. Accum/Dist. HULL; SuperTrend with Reversal For ThinkOrSwimhttps://usethinkscript. Jul 12, 2022 · New member. 00; input nATR = 6; input AvgType = AverageType. Start a Discussion. thanks. Shared on 02/26/18 15:25:32 Hope you're sitting down. Best Supertrend Indicator Settings For Swing Trading. Though there is no way to fix that issue, we continue to find Jul 9, 2021 · barbaros said: SuperTrend TradingView Look-A-Like For ThinkOrSwim. 2021 #V1. Same for the EMA so that it could be changed to different types of MA such as HULL and the length could be changed, but default at 200. There are a total of 8 different versions, all of them were written by BLT, another great coder. In the second trade, price hits 3x target, and breaking the Hull avg would close the trade. Choose signals based on performance statistics. It is based on a combination of the average price rate in the current period along with a volatility indicator. com/2CtJCabk?action=inviteToCopy 🥇BYBIT UP TO FREE $600 Bonus 👉 https://partner. 92% (buy and hold is 6. This customization could enhance trend analysis and trading strategies for ThinkorSwim users, providing a unique and potentially valuable tool for technical analysis within the platform. The indicator is based on two dynamic values, period and multiplier, and incorporates the concept of Average True Range ( ATR) to measure market volatility. bybit. This strategy is based on Mobius's TOS chat found on JohnnyQuotron's OneNote. Labels are turned off by default. The indicator displays labels for different time frames. Closing below the Hull average would close the trade. With this Thinkorswim version of SuperTrend Indicator, you have the following adjustable parameters: Highlight color of bars, it makes easier to identify the current trend. 38 trades since 1960. Sell. PLOT IS THE COMBINATION LOWEST FOR UPTREND AND HIGHEST OF THE DOWNTREND. SuperTrend Mobius V01. Also, you can change the oversold/overbought bounds in the settings (they are Nov 19, 2023 · Moving average indicators generally don't repaint. 1. 2015 # Up = (HIGH + LOW) / 2 + Multiplier * ATR # Down = (HIGH + LOW) / 2 – Multiplier * ATR # When the change of trend occurs, the indicator flips # useThinkScript is the #1 community of stock market investors using indicators and other tools to power their trading strategies. Sep 16, 2015 · By admin. com/threads/supertrend-with-reversal-for-thinkorswim. ‘Period’ refers to the number of days the indicator looks at, and ‘factor’ is a number used to adjust the indicator’s sensitivity. Apr 9, 2023 · This indicator will generate a supertrend of your chosen configuration on any of the following indicators: RSI. Dec 27, 2022 · Hello, I am trying to add a chime alert to this Mult-timeframe Supertrend spin-off of Mobius. Dec 15, 2023 · Unlike the regular components of the Ichimoku based on rolling maximums/minimums, using the Supertrend allows smoother components and makes it less prone to whipsaw signals. This is because there is no way to predict the current candle close until it happens. input nATR = 4; input ATRmult = . In the first trade, price goes above the 200 EMA and hits the 2x target. Welcome to useThinkScript. 7/#thinkorswim#tradingapp#tra Nov 18, 2023 · The Standardized SuperTrend Oscillator (SSO) is a versatile tool that transforms the SuperTrend indicator into an oscillator, offering both trend-following and mean reversion capabilities. I modified a version of SuperTrend that is already available for Thinkorswim to imitate the style. This approach allows the user to easily determine overbought/sold zones, identify whether a retracement is present or if the price is ranging or trending. May 18, 2023 · Supertrend is a popular technical indicator used by traders to identify potential trend reversals and determine entry and exit points in financial markets. Aug 8, 2019 · Nov 26, 2019. com/threads/super-trend-to-ninja-trader. Oct 12, 2021 · Here is the post #1 made into an upper indicator with colored labels matching the dots in the original. This script is an extension of our previously posted SuperTrend AI indicator that makes use of k-means clustering. As I wrote above it may keep you in the trend more, lets see an example: As an option the Feb 18, 2022 · ATR 11 HL2 MP 2. I just added buy and sell arrows to help you pick your entry points for long and short positions. Jun 15, 2019 · New member. Momentum. I did want to mention (in the case it might help you or someone else) that the study's plots will disappear (although the clouds will remain) when I add any new studies or edit any other studies currently displayed on that chart. By comparing directional volume against the aggregate volume over a designated lookback period, this oscillator adeptly signals overbought and oversold states through a volume-weighted methodology. It removes stupid transitions between SuperTrend states and highlights initial points for both lines. Save the script below to a study, and then you can select either the LongAlert or ShortAlert from the filter settings as plot option and select "is true" for the value. The Original SuperTrend is a simple momentum study that alters the candle colors based on AverageTrueRange. Jan 25, 2024 · Supertrend indicator code for thinkorswim. A powerful trend trading indicator that combines the Supertrend and RSI Laguerre System for ThinkorSwim: https://usethinkscript. The penultimate version is v3b release in September 2019. ATR 12 HL2 MP 3. 7; input lengthCCI2 = 50; input lengthATR2 = 5; Nov 8, 2023 · The Standardized SuperTrend Oscillator (SSO) is a versatile tool that transforms the SuperTrend indicator into an oscillator, offering both trend-following and mean reversion capabilities. Generally supertrend is calculated based on ATR and multiplier value which is used for Apr 8, 2020 · Hello All - I've been working on a strategy that incorporates a 3 SuperTrend (yahoo finance version) (fast, medium, slow) + previous Support and Resistance levels. Trending indicators like this one will be profitable during bullish trends, but will be subjected to whipsaws during consolidation. success rate: 65. du ps hi hs rf fr gt nb eu ik