OPEN-SOURCE SCRIPT

Supertrend (MTF) & Parabolic SAR

One of my mixed approach strategy indicators which includes:

- Parabolic SAR
- 1 Hour Supertrend
- 4 Hour Supertrend

Whilst this script may appear slow due to the 4hr Supertrend, it does a great job of managing breakouts.

Using this indicator is simple, if the line labeled Lifetime is green then buy, if red then sell OR don't trade. So...

Green Line - This strategy is in a buy position
Red Line - This strategy is in a sell position
Any other Color - DON'T TRADE

The traders approach is simple, when all indicators are green or red, then take the trade. As soon as one indicator changes, then re-evaluate using your normal process, such as price action, to determine whether to close the trade or continue.

If you require any further information or script modifications, please message me.

PLEASE CHECK OUT MY OTHER SCRIPTS
multi-timeframeparabolicParabolic Stop and Reverse (PSAR)supertrendTrend Analysis

開源腳本

在真正的TradingView精神中,這個腳本的作者以開源的方式發佈,這樣交易員可以理解和驗證它。請向作者致敬!您可以免費使用它,但在出版物中再次使用這段程式碼將受到網站規則的約束。 您可以收藏它以在圖表上使用。

想在圖表上使用此腳本?

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