OPEN-SOURCE SCRIPT

SuperTrend With EMA100

13 137
First of all, SuperTrend Indicator is an indicator developed by KivancOzbilgic and I would like to thank him for sharing this indicator with open source code.

In this version of Supertrend, I wanted to determine the best reaction point for upcoming dips in uptrends.

The indicator is easy to use and gives an accurate reading about an ongoing trend. EMA was determined as the source.

There are 3 parameters that you can edit. These are the EMA length, ATR period and ATR Multiplier.

The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility .

I've found it's a bestreaction point when these values are set to 100, 10 and 0.5 respectively. I tried to show them in the graph.

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。