PINE LIBRARY

supertrend

已更新

Here is an extensive library on different variations of supertrend.

Library "supertrend"
supertrend : Library dedicated to different variations of supertrend

supertrend_atr(length, multiplier, atrMaType, source, highSource, lowSource, waitForClose, delayed) supertrend_atr: Simple supertrend based on atr but also takes into consideration of custom MA Type, sources
Parameters:

length: : ATR Length
multiplier: : ATR Multiplier
atrMaType: : Moving Average type for ATR calculation. This can be sma, ema, hma, rma, wma, vwma, swma
source: : Default is close. Can Chose custom source
highSource: : Default is high. Can also use close price for both high and low source
lowSource: : Default is low. Can also use close price for both high and low source
waitForClose: : Considers source for direction change crossover if checked. Else, uses highSource and lowSource.
delayed: : if set to true lags supertrend atr stop based on target levels.

Returns: dir : Supertrend direction
supertrend : BuyStop if direction is 1 else SellStop

supertrend_bands(bandType, maType, length, multiplier, source, highSource, lowSource, waitForClose, useTrueRange, useAlternateSource, alternateSource, sticky) supertrend_bands: Simple supertrend based on atr but also takes into consideration of custom MA Type, sources
Parameters:

bandType: : Type of band used - can be bb, kc or dc
maType: : Moving Average type for Bands. This can be sma, ema, hma, rma, wma, vwma, swma
length: : Band Length
multiplier: : Std deviation or ATR multiplier for Bollinger Bands and Keltner Channel
source: : Default is close. Can Chose custom source
highSource: : Default is high. Can also use close price for both high and low source
lowSource: : Default is low. Can also use close price for both high and low source
waitForClose: : Considers source for direction change crossover if checked. Else, uses highSource and lowSource.
useTrueRange: : Used for Keltner channel. If set to false, then high-low is used as range instead of true range
useAlternateSource: - Custom source is used for Donchian Chanbel only if useAlternateSource is set to true
alternateSource: - Custom source for Donchian channel
sticky: : if set to true borders change only when price is beyond borders.

Returns: dir : Supertrend direction
supertrend : BuyStop if direction is 1 else SellStop

supertrend_zigzag(length, history, useAlternateSource, alternateSource, source, highSource, lowSource, waitForClose, atrlength, multiplier, atrMaType) supertrend_zigzag: Zigzag pivot based supertrend
Parameters:

length: : Zigzag Length
history: : number of historical pivots to consider
useAlternateSource: - Custom source is used for Zigzag only if useAlternateSource is set to true
alternateSource: - Custom source for Zigzag
source: : Default is close. Can Chose custom source
highSource: : Default is high. Can also use close price for both high and low source
lowSource: : Default is low. Can also use close price for both high and low source
waitForClose: : Considers source for direction change crossover if checked. Else, uses highSource and lowSource.
atrlength: : ATR Length
multiplier: : ATR Multiplier
atrMaType: : Moving Average type for ATR calculation. This can be sma, ema, hma, rma, wma, vwma, swma

Returns: dir : Supertrend direction
supertrend : BuyStop if direction is 1 else SellStop

發行說明

Add signature ;)

發行說明

Added new method zsupertrend - which is same as supertrend_zigzag. But, instead of calculating zigzag freshly, this method takes precalculated zigzag array as input.

zsupertrend(zigzagpivots, history, source, highSource, lowSource, waitForClose, atrlength, multiplier, atrMaType) zsupertrend: Same as zigzag supertrend. But, works on already calculated array rather than Calculating fresh zigzag
Parameters:
zigzagpivots: : Precalculated zigzag pivots
history: : number of historical pivots to consider
source: : Default is close. Can Chose custom source
highSource: : Default is high. Can also use close price for both high and low source
lowSource: : Default is low. Can also use close price for both high and low source
waitForClose: : Considers source for direction change crossover if checked. Else, uses highSource and lowSource.
atrlength: : ATR Length
multiplier: : ATR Multiplier
atrMaType: : Moving Average type for ATR calculation. This can be sma, ema, hma, rma, wma, vwma, swma
Returns: dir : Supertrend direction
supertrend : BuyStop if direction is 1 else SellStop

發行說明

Added multiband supertrend

msupertrend(bandType, source, maType, length, useTrueRange, highSource, lowSource, waitForClose, numberOfBands, multiplierStart, multiplierStep, trailingDistance, trailStates) msupertrend : Dynamic trailing supertrend based on multiple bands - either bollinger bands or keltener channel
Parameters:
bandType: : Band type - can be either bb or kc
source: : custom source if required
maType: : Moving Average Type : Can be sma, ema, hma, rma, wma, vwma, swma, highlow, linreg, median
length: : Oscillator length - not used for TSI
useTrueRange: : if set to false, uses high-low.
highSource: : Default is high. Can also use close price for both high and low source
lowSource: : Default is low. Can also use close price for both high and low source
waitForClose: : Considers source for direction change crossover if checked. Else, uses highSource and lowSource.
numberOfBands: : Number of bands to generate
multiplierStart: : Starting ATR or Standard deviation multiplier for first band
multiplierStep: : Incremental value for multiplier for each band
trailingDistance: : Number of band states to trail for trailing stop.
trailStates: : If selected trails the band states along with trailing price. If unselected only price is trailed.
Returns: dir : Supertrend direction
supertrend : BuyStop if direction is 1 else SellStop

發行說明

v5

Updated dependent libraries

發行說明

v6

Added:
zupertrend(length, history, useAlternateSource, alternateSource, source, highSource, lowSource, waitForClose, atrlength, multiplier, atrMaType) zupertrend: Zigzag pivot based supertrend
Parameters:
length: : Zigzag Length
history: : number of historical pivots to consider
useAlternateSource: - Custom source is used for Zigzag only if useAlternateSource is set to true
alternateSource: - Custom source for Zigzag
source: : Default is close. Can Chose custom source
highSource: : Default is high. Can also use close price for both high and low source
lowSource: : Default is low. Can also use close price for both high and low source
waitForClose: : Considers source for direction change crossover if checked. Else, uses highSource and lowSource.
atrlength: : ATR Length
multiplier: : ATR Multiplier
atrMaType: : Moving Average type for ATR calculation. This can be sma, ema, hma, rma, wma, vwma, swma
Returns: dir : Supertrend direction
supertrend : BuyStop if direction is 1 else SellStop