OPEN-SOURCE SCRIPT

SuperTrend Corregido

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This script implements a SuperTrend indicator based on the Average True Range (ATR). It is designed to help traders identify trend direction and potential buy/sell opportunities with visual signals on the chart.

🔧 Key Features:
ATR-Based Trend Detection: Calculates trend shifts using the ATR and a user-defined multiplier.

Buy/Sell Signals: Displays "Buy" and "Sell" labels directly on the chart when the trend changes direction.

Visual Trend Lines: Plots green (uptrend) and red (downtrend) SuperTrend lines to highlight the current market bias.

Trend Highlighting: Optionally fills the background to emphasize whether the market is in an uptrend or downtrend.

Customizable Settings:

ATR period and multiplier

Option to switch ATR calculation method

Toggle for signal visibility and trend highlighting

🔔 Alerts Included:
SuperTrend Buy Signal

SuperTrend Sell Signal

SuperTrend Direction Change

This indicator is useful for identifying entries and exits based on trend momentum and can be used across various timeframes.

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