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Поиск скриптов по запросу "supertrend"

PDF-MA Supertrend [BackQuant]PDF-MA Supertrend The PDF-MA Supertrend combines the innovative Probability Density Function (PDF) smoothing with the widely popular Supertrend methodology, creating a robust tool for identifying trends and generating actionable trading signals. This indicator is designed to provide precise entries and exits by dynamically adapting to market volatility while visualizing long and short opportunities directly on the chart. Core Feature: PDF Smoothing At the foundation of this indicator is the PDF smoothing technique, which applies a Probability Density Function to calculate a smoothed moving average. This method allows the indicator to assign adaptive weights to data points, making it responsive to market changes without overreacting to short-term volatility. Key parameters include: Variance: Controls the spread of the PDF weighting. A smaller variance results in sharper responses, while a larger variance smooths out the curve. Mean: Shifts the PDF’s center, allowing traders to tweak how weights are distributed around the data points. Smoothing Method: Offers the choice between EMA (Exponential Moving Average) and SMA (Simple Moving Average) for blending the PDF-smoothed data with traditional moving average methods. By combining these parameters, the PDF smoothing creates a moving average that effectively captures underlying trends. Supertrend: Adaptive Trend and Volatility Tracking The Supertrend is a well-known volatility-based indicator that dynamically adjusts to market conditions using the ATR (Average True Range). In this script, the PDF-smoothed moving average acts as the price input, making the Supertrend calculation more adaptive and precise. Key Supertrend Features: ATR Period: Determines the lookback period for calculating market volatility. Factor: Multiplies the ATR to set the distance between the Supertrend and the price. A higher factor creates wider bands, filtering out smaller price movements, while a lower factor captures tighter trends. Dynamic Direction: The Supertrend flips its direction based on price interactions with the calculated upper and lower bands: Uptrend : When the price is above the Supertrend, the direction turns bullish. Downtrend : When the price is below the Supertrend, the direction turns bearish. This combination of PDF smoothing and Supertrend calculation ensures that trends are detected with greater accuracy, while volatility filters out market noise. Long and Short Signal Generation The PDF-MA Supertrend generates actionable trading signals by detecting transitions in the trend direction: Long Signal (𝕃): Triggered when the trend transitions from bearish to bullish. This is visually represented with a green triangle below the price bars. Short Signal (𝕊): Triggered when the trend transitions from bullish to bearish. This is marked with a red triangle above the price bars. These signals provide traders with clear entry and exit points, ensuring they can capitalize on emerging trends while avoiding false signals. Customizable Visualization Options The indicator offers a range of visualization settings to help traders interpret the data with ease: Show Supertrend: Option to toggle the visibility of the Supertrend line. Candle Coloring: Automatically colors candlesticks based on the trend direction: Green for long trends. Red for short trends. Long and Short Signals (𝕃 + 𝕊): Displays long (𝕃) and short (𝕊) signals directly on the chart for quick identification of trade opportunities. Line Color Customization: Allows users to customize the colors for long and short trends. Alert Conditions To ensure traders never miss an opportunity, the PDF-MA Supertrend includes built-in alerts for trend changes: Long Signal Alert: Notifies when a bullish trend is identified. Short Signal Alert: Notifies when a bearish trend is identified. These alerts can be configured for real-time notifications via SMS, email, or push notifications, making it easier to stay updated on market movements. Suggested Parameter Adjustments The indicator’s effectiveness can be fine-tuned using the following guidelines: Variance: For low-volatility assets (e.g., indices): Use a smaller variance (1.0–1.5) for smoother trends. For high-volatility assets (e.g., cryptocurrencies): Use a larger variance (1.5–2.0) to better capture rapid price changes. ATR Factor: A higher factor (e.g., 2.0) is better suited for long-term trend-following strategies. A lower factor (e.g., 1.5) captures shorter-term trends. Smoothing Period: Shorter periods provide more reactive signals but may increase noise. Longer periods offer stability and better alignment with significant trends. Experimentation is encouraged to find the optimal settings for specific assets and trading strategies. Trading Applications The PDF-MA Supertrend is a versatile indicator suited to a variety of trading approaches: Trend Following : Use the Supertrend line and signals to follow market trends and ride sustained price movements. Reversal Trading : Spot potential trend reversals as the Supertrend flips direction. Volatility Analysis : Adjust the ATR factor to filter out minor price fluctuations or capture sharp movements. Final Thoughts The PDF-MA Supertrend combines the precision of Probability Density Function smoothing with the adaptability of the Supertrend methodology, offering traders a powerful tool for identifying trends and volatility. With its customizable parameters, actionable signals, and built-in alerts, this indicator is an excellent choice for traders seeking a robust and reliable system for trend detection and entry/exit timing. As always, backtesting and incorporating this indicator into a broader strategy are recommended for optimal results.
Индикатор Pine Script®
от BackQuant
2
Volatility Layered Supertrend [NLR]We’ve all used Supertrend, but do you know where to actually enter a trade? Volatility Layered Supertrend (VLS) is here to solve that! This advanced trend-following indicator builds on the classic Supertrend by not only identifying trends and their strength but also guiding you to the best trade entry points. VLS divides the main long-term trend into “Strong” and “Weak” Zones, with a clear “Trade Entry Zone” to help you time your trades with precision. With layered trends, dynamic profit targets, and volatility-adaptive bands, VLS delivers actionable signals for any market. Why I Created VLS Over a Plain Supertrend I built VLS to address the gaps in traditional Supertrend usage and make trade entries clearer: Single-Line Supertrend Issues: The default Supertrend sets stop-loss levels that are too wide, making it impractical for most traders to use effectively. Unclear Entry Points: Standard Supertrend doesn’t tell you where to enter a trade, often leaving you guessing or entering too early or late. Multi-Line Supertrend Enhancement: Many traders use short, medium, and long Supertrends, which is helpful but can lack focus. In VLS, I include Short, Medium, and Long trends (using multipliers 1 to 3), and add multipliers 4 and 5 to track extra long-term trends—helping to avoid fakeouts that sometimes occur with multiplier 3. My Solution: I focused on the main long-term Supertrend and split it into “Weak Zone” and “Strength Zone” to show the trend’s reliability. I also defined a “Trade Entry Zone” (starting from the Mid Point, with the first layer’s background hidden for clarity) to guide you on where to enter trades. The zones include Short, Medium, and Long Trend layers for precise entries, exits, and stop-losses. Practical Trading: This approach provides realistic stop-loss levels, clear entry points, and a “Profit Target” line that aligns with your risk tolerance, while filtering out false signals with longer-term trends. Key Features Layered Trend Zones: Short, Medium, Long, and Extra Long Trend layers (up to multipliers 4 and 5) for timing entries and exits. Strong & Weak Zones: See when the trend is reliable (Strength Zone) or needs caution (Weak Zone). Trade Entry Zone: A dedicated zone starting from the Mid Point (first layer’s background hidden) to show the best entry points. Dynamic Profit Targets: A “Profit Target” line that adjusts with the trend for clear goals. Volatility-Adaptive: Uses ATR to adapt to market conditions, ensuring reliable signals. Color-Coded: Green for uptrends, red for downtrends—simple and clear. How It Works VLS enhances the main long-term Supertrend by dividing it into two zones: Weak Zone: Indicates a less reliable trend—use tighter stop-losses or wait for the price to reach the Trade Entry Zone. Strength Zone: Signals a strong trend—ideal for entries with wider stop-losses for bigger moves. The “Trade Entry Zone” starts at the Mid Point (last layer’s background hidden for clarity), showing you the best area to enter trades. Each zone includes Short, Medium, Long, and Extra Long Trend sublevels (up to multipliers 4 and 5) for precise trade timing and to filter out fakeouts. The “Profit Target” updates dynamically based on trend direction and volatility, giving you a clear goal. How to Use Spot the Trend: Green bands = buy, red bands = sell. Check Strength: Price in Strength Zone? Trend’s reliable—trade confidently. In Weak Zone? Use tighter stops or wait. Enter Trades: Use the “Trade Entry Zone” (from the Mid Point upward) for the best entry points. Use Sublevels: Short, Medium, Long, and Extra Long layers in each zone help fine-tune entries and exits. Set Targets: Follow the Profit Target line for goals—it updates automatically. Combine Tools: Pair with RSI, MACD, or support/resistance for added confirmation. Settings ATR Length: Adjust the ATR period (default 10) to change sensitivity. Up/Down Colors: Customize colors—green for up, red for down, by default.
Индикатор Pine Script®
от NonLinearRookie
2
Variety Volatility Supertrend w/ Bands [Loxx]Variety Volatility Supertrend w/ Bands indicator is a powerful and highly customizable tool for traders. Building upon the foundational concept of the classic Supertrend indicator, this variant adds a plethora of user-driven options and features that can cater to diverse trading styles and market scenarios. The Supertrend indicator is traditionally used to identify market trends by overlaying a line on the price chart, which changes color and position in relation to the price based on the trend direction. The Variety Volatility Supertrend w/ Bands takes this a step further by offering various volatility calculations, visual enhancements, explicit trading signals, and alert conditions. It provides five options for volatility calculations, enabling users to select the most suitable measure for their strategy. This indicator also allows users to control the display of the upper, lower, and mid bands, which can serve as dynamic support and resistance levels. Further, it can display explicit trading signals when the trend changes direction and set up alerts for these signals. █ User Inputs Source: Defines the source of the price data, typically the closing price. Period: Defines the lookback period for the chosen volatility calculation. Mid Price Period: Defines the number of periods for calculating the mid-price. Multiplier: The factor by which the volatility measure (e.g., ATR) is multiplied. Volatility Type: The user can choose one of five different calculations for the volatility measure: ATR, Standard Error, Standard Deviation, Custom Standard Deviation with Sample Correction, and Custom Standard Deviation without Sample Correction. Classic Supertrend: Enables the classic version of the Supertrend indicator if set to true. Show Upper Band, Show Lower Band, Show Mid: Determines whether the upper, lower, and middle bands of the Supertrend indicator are displayed. Outer Line Width, Mid Line Width: Controls the line widths of the outer and middle lines. Color Bars: Colors the price bars based on the direction of the trend if enabled. Show signals: Displays trading signals on the chart if enabled. Bull Color, Bear Color: Controls the colors of the Supertrend indicator during bullish and bearish market conditions. █ Computations The script begins by calculating the chosen volatility measure (ATR, Standard Error, Standard Deviation, etc.) and the mid-price, which is the average of the highest and lowest prices over the specified Mid Price Period. It then calculates the upper and lower bands by adding and subtracting the product of the Multiplier and the volatility measure from the mid-price. The script then compares the current price with the previous upper and lower bands to determine the trend direction. If the current price is greater than the previous upper band, the trend is considered bullish. If it's less than the previous lower band, the trend is bearish. █ Visualizations The script plots the upper, lower, and mid bands on the chart based on the user's settings. If Color Bars is enabled, the script colors the price bars based on the trend direction. If Show signals is enabled, the script displays shapes on the chart to represent trading signals when the trend changes direction. █ Alerts Finally, the script sets up alert conditions for long and short trading signals. When these conditions are met, TradingView sends an alert to the user with a message indicating the indicator's name, the type of signal (long or short), and the symbol and closing price of the asset. █ Visualization Modes Classic Supertrend The Classic Supertrend mode essentially transforms the "Variety Volatility Supertrend w/ Bands " indicator to behave more like the traditional Supertrend indicator. In the traditional Supertrend indicator, there is a single line that shifts positions based on the trend direction. When the market is in an uptrend, the Supertrend line is plotted below the price, acting as a dynamic support level. Conversely, when the market is in a downtrend, the Supertrend line moves above the price, acting as a dynamic resistance level. When you set Classic Supertrend to True in this script, it mimics this behavior. It will only display one line (the Supertrend line) instead of the upper and lower bands. The Supertrend line will switch between the calculated upper band and lower band based on the trend direction: In an uptrend, it plots the lower band as the Supertrend line (acting as a dynamic support level). In a downtrend, it plots the upper band as the Supertrend line (acting as a dynamic resistance level). Thus, when Classic Supertrend is True, the display is similar to the regular Supertrend indicator, offering a more simplified, less cluttered view of the price trend. See here for the Classic Supertrend Supertrend Moving Average with Bands When the Classic Supertrend option is turned off in the "Variety Volatility Supertrend w/ Bands " indicator, the indicator displays upper and lower bands along with the midline, depending on the user's settings. These bands can serve as dynamic support and resistance levels, and they move and adjust based on the market's volatility. Support and resistance are key concepts in technical analysis. Support is a price level where the price tends to find a floor as it falls, indicating a greater amount of demand or buying interest that can prop up the prices. Resistance, on the other hand, is a price level where rising prices tend to stop rising, indicating a greater amount of supply or selling interest. In the context of the "Variety Volatility Supertrend w/ Bands " indicator: Upper Band: This can act as a dynamic resistance level in a downtrend. When prices are falling, they might struggle to rise above this band. If prices do break above the upper band, it could be a sign that the downtrend is reversing, and a new uptrend may be beginning. Lower Band: Conversely, this can act as a dynamic support level in an uptrend. When prices are rising, they might bounce off this band and continue to rise. If prices break below the lower band, it could indicate that the uptrend is reversing, and a new downtrend may be beginning. The benefit of these dynamic support and resistance levels is that they adjust automatically as market conditions change, potentially offering more relevant insights into price behavior compared to static support and resistance levels. See here for the Supertrend Moving Average with Bands █ Volatility Types The "Variety Volatility Supertrend w/ Bands " indicator provides five options for the volatility calculation. Volatility is a statistical measure of the dispersion of returns for a given security or market index. In most cases, the higher the volatility, the riskier the security. Here's a quick summary of each option: Average True Range (ATR): This is a common volatility measure in the world of trading, particularly for commodities and forex markets. It measures the average of true price ranges over a specified period. The true range considers the most recent period's high-low range, the previous close to the most recent high, and the previous close to the most recent low, taking the highest value. Standard Error: This is a measure of the accuracy of predictions made with statistical techniques. In the context of trading, the standard error can give traders an idea of the quality of their volatility or price level estimates. It's calculated using the standard deviation of the price data, the square root of the number of data points. Standard Deviation: This is a measure of the dispersion of a set of data from its mean. It's a commonly used volatility measure in finance. In trading, a higher standard deviation suggests greater price volatility. Custom Standard Deviation - with Sample Correction: This is a variation of the standard deviation calculation, but it applies a correction for small sample sizes. It's calculated similarly to the standard deviation, but the sum of the squares is divided by (n-1) instead of n to provide a more accurate estimate when working with a small number of data points. Custom Standard Deviation - without Sample Correction: This is another variation of the standard deviation calculation, but without the sample correction. This might be used when the number of data points is sufficiently large that the correction is not necessary. The choice of volatility measure can have a significant impact on the sensitivity of the Supertrend indicator. Some measures may result in wider bands and fewer trend changes, while others may produce narrower bands and more frequent trend changes. The choice of volatility measure should align with the trader's strategy and risk tolerance. █ Multiple Timeframe options The "Variety Volatility Supertrend w/ Bands " indicator, like most indicators on the TradingView platform, can be applied to various timeframes, regardless of the chart's current timeframe. The timeframe of an indicator is determined by the timeframe of the price data it processes. This indicator's flexibility with timeframes allows it to be used in different trading strategies. Day traders might use shorter timeframes like 1-minute or 15-minute charts, swing traders might use 1-hour or 4-hour charts, and long-term investors might use daily or weekly charts. See here for the Supertrend Moving Average with Bands on 4-hour chart using Daily data
Индикатор Pine Script®
от loxx
2
Alma SD SuperTrend | OquantAlma SD SuperTrend | Oquant The "Alma SD SuperTrend | Oquant" is a trend-following indicator that integrates the Arnaud Legoux Moving Average (ALMA) with a SuperTrend calculation based on standard deviation (SD). Designed to quickly identify and follow market trends while reducing noise, this script provides buy and sell signals for traders across various assets and timeframes. This script offers a unique approach by combining ALMA with a SuperTrend framework that uses standard deviation instead of the traditional Average True Range (ATR). This implementation focuses on fast trend detection with minimized noise, making it suitable for trend-following or swing trading strategies. The script’s customizable parameters allow traders to adapt it to their preferred trading style. How It Works Arnaud Legoux Moving Average (ALMA): ALMA is an advanced moving average that applies a Gaussian filter to smooth price data, reducing market noise while preserving responsiveness to price changes. It uses three parameters: Length: Sets the lookback period for smoothing. Longer periods produce smoother results. Offset: Shifts the moving average toward recent prices. Higher offsets emphasize newer data for faster trend detection. Sigma controls the smoothness and lag of the Alma by adjusting the spread of the Gaussian distribution used in the calculation. Standard Deviation (SD) Calculation: The script calculates the standard deviation of the price over a specified period to measure volatility. SD measures how much the prices deviate from its mean, offering a statistical perspective on market volatility. This is used to create dynamic upper and lower bands around the ALMA line, adjusted by a user-defined factor. The bands expand in volatile markets and contract in stable conditions, helping in trend detection. SuperTrend Logic: The script generates a SuperTrend line that dynamically tracks market trends by switching between upper and lower volatility bands based on price movement. Here's how it works: The SuperTrend line is calculated using the ALMA (Arnaud Legoux Moving Average) as a baseline, with upper and lower bands created by adding and subtracting a multiple(Factor) of the standard deviation (SD) from the ALMA. When the price moves above the upper band, the SuperTrend line shifts to the lower band, indicating a bullish trend (potential buy signal). When the price falls below the lower band, the SuperTrend line switches to the upper band, signaling a bearish trend (potential sell signal). To avoid quick, unreliable changes, this script intelligently adjusts the SuperTrend bands for stability. While the SuperTrend line dynamically follows market movements, it's designed to hold at its previous level if the price doesn't cross a band or confirm a new trend direction. This approach ensures the SuperTrend quickly identifies and follows genuine market trends, providing clear signals while effectively reducing false alerts from short-term price swings. Differences from Traditional SuperTrend: Baseline: The traditional SuperTrend typically uses a hl2((high + low)/2)as its baseline, while this script employs ALMA for a smoother, noise-filtered trend foundation. Volatility Measure: Instead of ATR, this script uses standard deviation to calculate the bands. Standard deviation measures how much the prices vary or spread out from its mean. Visualization: The script plots the SuperTrend line, colors candles to match the trend, and fills the area between the price and the SuperTrend line for visual clarity, helping traders quickly identify trend direction and strength (green for bullish, purple for bearish). How to Use It Add to Chart: Apply the indicator to any market and timeframe. Interpret Signals: Green Line and Candles: Bullish trend (price above the SuperTrend line). Consider long entries. Purple Line and Candles: Bearish trend (price below the SuperTrend line). Consider short entries. Filled Area: The shaded area between price and the SuperTrend line highlights trend direction(green for bullish, purple for bearish). Adjust Inputs: Source: Select the price data to use (e.g., close, open, high, low). Factor: Adjusts band width. Higher values widen bands, reducing sensitivity. SD Length: Period for calculating standard deviation. Longer periods smooth volatility. ALMA Length: Period for ALMA. Longer periods increase smoothness. Alma Offset: Shift the moving average toward recent or older prices. Higher offsets emphasize newer data for faster trend detection. ALMA Sigma control the smoothness and lag of the Alma by adjusting the spread of the Gaussian distribution used in the calculation. Alerts This indicator includes optional built-in alert conditions that notify you when the signal crosses above 0 (long signal, price above upper band) or below 0 (short signal, price below lower band). Enable these alerts to get timely updates on potential trend shifts without constantly monitoring the chart. ⚠️ Disclaimer: This indicator is intended for educational and informational purposes only. Trading/investing involves risk, and past performance does not guarantee future results. Always test and evaluate indicators/strategies before applying them in live markets. Use at your own risk.
Индикатор Pine Script®
от oquant
Supertrend StatsSupertrend with Probabilistic Stats and MA Filter Overview: The Supertrend with Probabilistic Stats and MA Filter is a comprehensive TradingView Pine Script indicator designed to enhance trading strategies by combining the trend-detection capabilities of the Supertrend indicator with the trend-confirmation strength of Moving Averages (MA). Additionally, it offers robust statistical tracking to provide traders with valuable insights into the performance and reliability of their trading signals. Key Features: Supertrend Indicator Integration: Trend Detection: Utilizes the Supertrend algorithm to identify prevailing market trends. Buy/Sell Signals: Generates clear buy and sell signals based on trend reversals. Customizable Parameters: Allows adjustment of ATR period and multiplier to suit different trading styles and market conditions. Visual Aids: Plots Supertrend lines on the chart and highlights trend areas for easy visualization. Moving Average (MA) Filter: Trend Confirmation: Filters buy signals to occur only when the open price is above the MA and sell signals only when the open price is below the MA. Customizable MA Types: Supports various MA types, including SMA, EMA, SMMA (RMA), WMA, and VWMA. Flexible Configuration: Offers options to enable/disable the MA filter, select MA type, set MA length, and adjust MA source and offset. Statistical Tracking: Trimmed Mean Calculation: Computes trimmed means for bullish and bearish movements, removing outliers to provide a more accurate average movement. Success Rate Metrics: Calculates the success rates (%) for both bullish and bearish signals, indicating the percentage of signals that resulted in favorable price movements. Candle Count Analysis: Tracks the average number of candles each bullish and bearish move lasts, offering insights into the duration of trends. Data Visualization: Presents all statistical data in a neatly formatted table on the chart, allowing for quick reference and analysis. Customizable Statistics Table: Text Color Customization: Provides an option to change the table text color to match personal preferences or chart aesthetics, enhancing readability. Comprehensive Metrics: Displays key statistics such as Bullish/Bearish Averages, Counts, Success Rates, and Average Candle Counts. Optional Pinbar Filtering: Signal Refinement: Adds an additional layer of signal confirmation by filtering buy and sell signals based on pinbar candlestick patterns. Adjustable Thresholds: Allows customization of the pinbar wick threshold to fine-tune signal accuracy. Visual Enhancements: Markers: Optionally displays markers on the first and last candles of bullish and bearish moves for better trend identification. Highlighter: Shades the chart background to indicate current trend direction, aiding in visual trend recognition. How It Works: Trend Identification with Supertrend: The indicator calculates the Supertrend based on user-defined ATR periods and multipliers. It plots the Supertrend lines and generates buy/sell signals when the price crosses these lines, indicating a potential trend reversal. Filtering Signals with Moving Average: When the MA filter is enabled, the indicator ensures that buy signals are only considered valid if the candle's open price is above the selected MA, and sell signals only if the open price is below the MA. This additional confirmation aligns trades with the broader market trend, potentially increasing signal reliability. Statistical Analysis: Upon triggering a buy or sell signal, the indicator records the entry price and tracks the subsequent price movements. It calculates trimmed means to assess average movements while excluding extreme outliers. Success rates are computed by comparing the closing price against the entry price, indicating how often signals result in favorable outcomes. The average number of candles per move provides insight into trend duration and volatility. Visualization and Customization: All statistical data is presented in a table on the chart, with customizable text colors for enhanced readability. Optional pinbar filtering and visual markers further refine and illustrate trading signals, aiding in decision-making. Benefits to Traders: Enhanced Signal Reliability: By combining Supertrend with an MA filter, the indicator ensures that only signals aligning with the broader market trend are considered, potentially reducing false signals. Data-Driven Decision Making: The comprehensive statistical tracking offers traders insights into the performance of their signals, enabling informed adjustments to their trading strategies based on empirical data. Trend Confirmation and Alignment: The MA filter acts as a trend confirmation tool, ensuring that trades are placed in the direction of the prevailing trend, which can enhance the probability of successful trades. Performance Metrics at a Glance: The statistics table provides all necessary performance metrics in a single view, allowing traders to quickly assess the effectiveness of their strategy without sifting through extensive data. Customization and Flexibility: With options to adjust MA types, lengths, and table text colors, traders can tailor the indicator to fit their specific preferences and trading environments. Visual Clarity and Aids: The plotted Supertrend lines, MA line, signal markers, and highlighter enhance visual clarity, making it easier to identify trends and potential trade opportunities on the chart. Usage Instructions: Adding the Indicator: Copy the Script: Select and copy the entire Pine Script provided. Open TradingView: Navigate to TradingView and open your desired asset's chart. Access Pine Editor: Click on the Pine Editor tab at the bottom of the TradingView interface. Paste and Add to Chart: Paste the script into the editor and click "Add to Chart" to apply the indicator. Configuring Settings: Supertrend Parameters: Adjust the ATR period and multiplier to suit your trading style and the asset's volatility. MA Filter Settings: Enable MA Filter: Toggle "Enable MA Filter?" to ON to activate the filter. Select MA Type: Choose from SMA, EMA, SMMA (RMA), WMA, or VWMA. Set MA Length: Define the period for the MA calculation. MA Source and Offset: Choose the price source (default is close) and set any desired plot offset. Statistical Tracking: Trimmed Mean Percentage: Set the percentage to trim outliers in mean calculations. Show Cross Markers: Toggle to display or hide markers on the first and last candles of bullish and bearish moves. Table Customization: Table Text Color: Select your preferred text color for the statistics table to match your chart's theme or enhance readability. Pinbar Filtering (Optional): Enable Pinbar Filtering: Toggle to refine signals based on pinbar patterns. Set Pinbar Wick Threshold: Adjust the threshold to define the characteristics of a valid pinbar. Interpreting the Indicators: Buy/Sell Signals: Look for labeled "BUY" and "SELL" signals on the chart that align with Supertrend reversals and MA conditions. Statistics Table: Refer to the table located at the bottom right of the chart to assess: Bullish/Bearish Averages: Average price movements following signals. Counts: Total number of bullish and bearish signals. Success Rates (%): Percentage of signals that resulted in profitable trades. Candle Averages: Average duration of bullish and bearish moves in terms of candle counts. Markers and Highlighter: Utilize visual markers and shaded trend areas to better understand market trends and the context of each signal. Making Informed Decisions: Assess Signal Performance: Use the success rates and averages to evaluate the effectiveness of your current settings and make necessary adjustments. Adjust Parameters: Modify Supertrend and MA parameters based on observed performance and changing market conditions to optimize signal accuracy. Combine with Other Analysis: Integrate insights from this indicator with other technical analysis tools and fundamental factors to form a holistic trading strategy. Conclusion: The Supertrend with Probabilistic Stats and MA Filter indicator offers a powerful combination of trend detection, signal filtering, and statistical analysis. By providing detailed performance metrics and ensuring that trades align with the broader market trend, this indicator empowers traders to make more informed, data-driven decisions. Whether you're a novice seeking clarity or an experienced trader aiming to refine your strategy, this tool serves as a valuable asset in your trading toolkit. If you have any further questions or require additional customizations, feel free to reach out!
Индикатор Pine Script®
от Max-Algo
1
Median Supertrend [BackQuant]Median Supertrend Concept by BackQuant © This was created since the normal supertrend is noisy, in the attempts to remove that and still get a good signal we decided to use a special median calculation as the source to a modified supertrend. This allows us to reduce noise, and make the supertrend adaptive to volatility. The full description and reasoning, including definitions and backtests are as follows: 1. Definition of Median The median is a statistical measure that identifies the middle value in a given set of numbers when those numbers are arranged in either ascending or descending order. If the dataset has an even number of observations, the median is calculated as the average of the two middle numbers. This measure is particularly useful in understanding the central tendency of data, especially in cases where the dataset may contain outliers that could skew the mean. For example, in a dataset representing the earnings of families, the median provides a more accurate reflection of the typical income than the mean if the dataset includes extreme values. 2. Understanding Supertrend and Its Use Case Supertrend is a popular trend-following indicator used in technical analysis. It is computed using the Average True Range (ATR) to capture volatility, combined with a moving average. The indicator provides clear signals to traders about bullish or bearish trends, indicating potential entry and exit points. Traders often use Supertrend in various market conditions to enhance their trading strategies, leveraging its simplicity and effectiveness in identifying ongoing trends and reversals. 3. Rationale Behind Combining Median with Supertrend The integration of the median into the Supertrend indicator seeks to mitigate the impact of outliers and sudden market spikes that can affect trend analysis. By using the median value of price data for trend determination, the Median Supertrend aims to offer a more stable and reliable indicator that reflects the underlying market conditions more accurately than traditional methods. This modification is intended to improve the timing of trend detection and the precision of entry and exit signals. 4. Key Differences and Benefits Enhanced Stability: The use of median values reduces sensitivity to extreme price movements, offering a smoother trend line that can lead to more reliable trading signals. Adaptive Sensitivity: Users can adjust the indicator's sensitivity to align with different trading styles and market conditions through customizable parameters like the ATR multiplier and lookback period. Explicit Trading Signals: The indicator simplifies the trading process by providing clear, actionable long and short signals based on trend reversals, aiding in decision-making. Customizability: Options to use Heikin Ashi candles, paint candles based on the trend, and toggle signal visibility allow traders to personalize the indicator to their preference. 5. User Inputs The Median Supertrend indicator includes several user inputs to tailor its operation: Use HA Candles as Source?: Option to base calculations on Heikin Ashi candles for smoother price data. Paint Candles According to Trend?: Visual aid that colors candles based on the current trend direction, enhancing chart readability. ATR Period and Multiplier: Parameters to adjust the sensitivity of the trend detection, allowing users to fine-tune the indicator. Adaptive Lookback Period: Defines the period for the median calculation, offering flexibility in trend assessment. Show Long and Short Signals: Enables traders to visualize entry signals directly on the chart. 6. Application in Trading Traders can incorporate the Median Supertrend into their strategies as a standalone indicator for trend following or as a filter in a multi-indicator system. It is particularly useful in markets known for having outliers or sudden price jumps, as the median-based calculation provides a grounded trend analysis. This indicator can be applied across various timeframes and asset classes, making it a versatile tool for day traders, swing traders, and long-term investors alike. 7. Summary and Empirical Soundness The integration of median values into the Supertrend indicator represents an innovative approach to trend analysis, addressing some of the volatility and outlier-related challenges inherent in traditional methods. This combination is empirically sound as it leans on the statistical robustness of the median to offer a more stable and reliable trend determination mechanism. 8. Relavant Backtests on Major Assets (1D Timeframe) We include these backtests as a general proxy for how they work. Please do your own calibrating to suit it to your own needs and backtest. Past results don't = future results but they can help you understand how it functions. INDEX:BTCUSD INDEX:ETHUSD BINANCE:SOLUSD
Индикатор Pine Script®
от BackQuant
9
3 EMA + SupertrendThree EMAs: Helps you identify the general trend direction and potential crossovers. When the Fast EMA crosses above the Medium or Slow EMAs, it may indicate a bullish trend, and vice versa for bearish trends. Supertrend: Works as a trend filter. You can use it to identify overall market conditions: When the Supertrend is green, it indicates an uptrend. When the Supertrend is red, it indicates a downtrend. Combination: The EMAs help you confirm the trend, and the Supertrend can act as a filter or confirmation tool for your entries and exits. Potential Strategy Idea: Long Entry: When the Fast EMA crosses above the Medium EMA, and the Supertrend is green. Short Entry: When the Fast EMA crosses below the Medium EMA, and the Supertrend is red. Exit: You can use either the Supertrend turning from green to red (for long exits) or vice versa.
Индикатор Pine Script®
от doc_bk
1
ADX Supertrend | [DeV]The "ADX Supertrend" indicator is a user-friendly tool that blends two popular trading indicators—the Supertrend and the Average Directional Index (ADX)—to help traders spot trends and make smarter trading decisions. By combining these two, it offers a clearer picture of when a market is trending strongly and in which direction, while cutting down on misleading signals. Here’s a straightforward explanation of how each part works, how they team up, the benefits of using them together, and why the ADX makes the Supertrend even better. Supertrend: It's like a guide that follows the market’s price movements to tell you whether prices are trending up or down. It creates two lines, one above and one below the price, based on how much the market is bouncing around (its volatility). When the price moves above the upper line, it signals an uptrend (a good time to buy), and the indicator draws a line below the price to show support. When the price drops below the lower line, it signals a downtrend (a potential time to sell), and the line appears above the price as resistance. The Supertrend is great because it adjusts to market conditions, widening the gap between lines in wild markets and tightening it in calm ones. Average Directional Index: The ADX is all about measuring how strong a trend is, without caring whether it’s going up or down. Think of it as a meter that tells you if the market is charging forward with purpose or just drifting aimlessly. It uses a scale from 0 to 100, where higher numbers mean a stronger trend. For example, an ADX above 25 often suggests a solid trend worth paying attention to, while a low ADX signals a sleepy, sideways market. The ADX also looks at whether buyers or sellers are in control to confirm the trend’s direction. Confluence: The Supertrend is great at spotting trends, but it can be a bit trigger-happy, giving signals in markets that aren’t really trending. That’s where the ADX shines. It acts like a quality control check, making sure the Supertrend’s signals only count when the market is moving with conviction. By filtering out weak or messy trends, the ADX helps you avoid wasting time on trades that fizzle out. It also double-checks the trend’s direction, so you’re not just guessing whether buyers or sellers are in charge. This teamwork means you get signals that are more reliable and less likely to lead you astray, especially in tricky markets where prices bounce around without a clear path.
Индикатор Pine Script®
от DeVrizii
Supertrend (Buy/Sell) With TP & SLSupertrend (Buy/Sell) with TP & SL: An Enhanced Trading Tool This Pine Script indicator combines the popular Supertrend indicator with multiple take-profit (TP) and stop-loss (SL) levels, providing traders with a comprehensive visual aid for potential entries, exits, and risk management. Originality Buffer Zones for Precision: Instead of relying solely on the Supertrend line, this script incorporates buffer zones around it. This helps filter out false signals, especially in volatile markets, leading to more accurate buy/sell signals. Flexible Stop-Loss: Offers the choice between a fixed or trailing stop-loss, allowing traders to tailor their risk management approach based on their preferences and market conditions. Multiple Take-Profit Levels: Provides three potential take-profit levels, giving traders the flexibility to secure profits at different stages of a trend. Heikin Ashi Candles & VWAP: Incorporates Heikin Ashi candles for smoother trend visualization and adds a VWAP line for potential support/resistance levels. Clear Table Display: Presents key information like Stop Loss and Take Profit levels in a user-friendly table, making it easier to track trade targets. How It Works Supertrend Calculation: The Supertrend is calculated using ATR (Average True Range) to gauge market volatility. The script then creates buffer zones around the Supertrend line for refined signal generation. Buy/Sell Signals: Buy: When the close price crosses above the upper buffer zone, indicating a potential uptrend. Sell: When the close price crosses below the lower buffer zone, suggesting a potential downtrend. Take Profit & Stop Loss: Take Profits: Three TP levels are calculated based on ATR and a customizable profit factor. Stop Loss: The stop-loss can be set as either a fixed value based on ATR or as a trailing stop-loss that dynamically adjusts to lock in profits. How To Use Add the Indicator: Search for "Supertrend (Buy/Sell) With TP & SL" in the TradingView indicators list and add it to your chart. Customize Inputs: Adjust parameters like ATR Period, Factor, Take Profit Factor, Stop Loss Factor, Stop Loss Type, etc., based on your trading style and preferences. Interpret Signals: Look for buy signals when the price crosses above the upper buffer and sell signals when it crosses below the lower buffer. Manage Risk: Use the plotted Take Profit and Stop Loss levels to manage your risk and potential rewards. Concepts Supertrend: A trend-following indicator that helps identify the direction of the prevailing trend. ATR (Average True Range): A measure of market volatility. Buffer Zones: Used to filter out false signals by creating a zone around the Supertrend line. Trailing Stop Loss: A dynamic stop-loss that moves with the price to protect profits. Heikin Ashi: A type of candlestick chart designed to filter out market noise and make trends easier to identify. VWAP (Volume Weighted Average Price): An indicator that shows the average price at which a security has traded throughout the day, based on both volume and price. Important Note: This script is for educational and informational purposes only. Backtest thoroughly and use with caution in live trading. Always manage your risk appropriately.
Индикатор Pine Script®
от JDTJDTTradingCo
10
Kalman Hull Supertrend [BackQuant]Kalman Hull Supertrend At its core, this indicator uses a Kalman filter of price, put inside of a hull moving average function (replacing the weighted moving averages) and then using that as a price source for the supertrend instead of the normal hl2 (high+low/2). Therefore, making it more adaptive to price and also sensitive to recent price action. PLEASE Read the following, knowing what an indicator does at its core before adding it into a system is pivotal. The core concepts can allow you to include it in a logical and sound manner. 1. What is a Kalman Filter The Kalman Filter is an algorithm renowned for its efficiency in estimating the states of a linear dynamic system amidst noisy data. It excels in real-time data processing, making it indispensable in fields requiring precise and adaptive filtering, such as aerospace, robotics, and financial market analysis. By leveraging its predictive capabilities, traders can significantly enhance their market analysis, particularly in estimating price movements more accurately. If you would like this on its own, with a more in-depth description please see our Kalman Price Filter. 2. Hull Moving Average (HMA) and Its Core Calculation The Hull Moving Average (HMA) improves on traditional moving averages by combining the Weighted Moving Average's (WMA) smoothness and reduced lag. Its core calculation involves taking the WMA of the data set and doubling it, then subtracting the WMA of the full period, followed by applying another WMA on the result over the square root of the period's length. This methodology yields a smoother and more responsive moving average, particularly useful for identifying market trends more rapidly. 3. Combining Kalman Filter with HMA The innovative combination of the Kalman Filter with the Hull Moving Average (KHMA) offers a unique approach to smoothing price data. By applying the Kalman Filter to the price source before its incorporation into the HMA formula, we enhance the adaptiveness and responsiveness of the moving average. This adaptive smoothing method reduces noise more effectively and adjusts more swiftly to price changes, providing traders with clearer signals for market entries or exits. The calculation is like so: KHMA(_src, _length) => f_kalman(2 * f_kalman(_src, _length / 2) - f_kalman(_src, _length), math.round(math.sqrt(_length))) 4. Integration with Supertrend Incorporating this adaptive price smoothing technique into the Supertrend indicator further enhances its efficiency. The Supertrend, known for its proficiency in identifying the prevailing market trend and providing clear buy or sell signals, becomes even more powerful with an adaptive price source. This integration allows the Supertrend to adjust more dynamically to market changes, offering traders more accurate and timely trading signals. 5. Application in a Trading System In a trading system, the Kalman Hull Supertrend indicator can serve as a critical component for identifying market trends and generating signals for potential entry and exit points. Its adaptiveness and sensitivity to price changes make it particularly useful for traders looking to minimize lag in signal generation and improve the accuracy of their market trend analysis. Whether used as a standalone tool or in conjunction with other indicators, its dynamic nature can significantly enhance trading strategies. 6. Core Calculations and Benefits The core of this indicator lies in its sophisticated filtering and averaging techniques, starting with the Kalman Filter's predictive adjustments, followed by the adaptive smoothing of the Hull Moving Average, and culminating in the trend-detecting capabilities of the Supertrend. This multi-layered approach not only reduces market noise but also adapts to market volatility more effectively. Benefits include improved signal accuracy, reduced lag, and the ability to discern trend changes more promptly, offering traders a competitive edge. Thus following all of the key points here are some sample backtests on the 1D Chart Disclaimer: Backtests are based off past results, and are not indicative of the future. INDEX:BTCUSD INDEX:ETHUSD BINANCE:SOLUSD
Индикатор Pine Script®
от BackQuant
18
Adaptive Supertrend w/ Floating Levels [Loxx]Adaptive Supertrend w/ Floating Levels is a Supertrend indicator made adaptive by comparing the coefficient of determination / average of the least squares. The basic concept is this: use correlation with an r-squared line to adapt the period of the indicator, thereby resulting in a more versatile Supertrend. This adaptive formula makes the Supertrend more reactive to small fluctuation in the market while still doing what it's supposed to do: track trend. In addition, floating levels are drawn above or below the Supertrend which are calculated with percentage of the highest and lowest values of the Supertrend within the last “lookback” period. These floating levels act as filter to detect / prevent false trend reversals. T What is the Supertrend? Supertrend indicator was created by Olivier Seban to work on different time frames. It works for futures, forex, and equities. It is used in 15 minutes, hourly, weekly, and daily charts. Based on the parameters of multiplier and period, the indicator normally uses 3 for multiplier and 7 for the ATR period as default values. Average True Range is represented by the number of days while the multiplier is the value by which the range is multiplied. Included -Toggle on/off bar coloring -Toggle on/off adaptivity -Toggle on/off fill coloring
Индикатор Pine Script®
от loxx
6
Auto Adjust SuperTrend Indicator SuperTrend It is a standard ATR (Average True Range)-based Trailing Indicator. The indicator takes two default values ATR Period and Factor. The standard settings for Super Trend I have seen are 10,3 or 10,2. These settings will not work for all the instruments, and we end up manually changing these settings. This is where Auto-Adjust Supertrend adds value. Auto-Adjust SuperTrend finds the optimized settings for ATRPeriod and Multiple using a defined algorithm to check all the different ATR Periods and Factors. It backtests different combinations of ATR Period and Factors and Indicator switches to these profitable settings as soon as it detects most profitable setting among given range in the settings. Default ATR Period : 10 to 20 Default Factor : 2 to 5 The above settings can be altered in the indicator settings. Please do keep in mind that the performance of the indicator reduces as we increase the default settings range. Alerts are available as well Pls contact me for access.
Индикатор Pine Script®
от vickyprudhvi
14
Adaptive Supertrend with Dynamic Optimization [EdgeTerminal]The Enhanced Adaptive Supertrend represents a significant evolution of the traditional Supertrend indicator, incorporating advanced mathematical optimization, dynamic volatility adjustment, intelligent signal filtering, reduced noise and false positives. Key Features Dynamic volatility-adjusted bands Self-optimizing multiplier Intelligent signal filtering system Cooldown period to prevent signal clustering Clear buy/sell signals with optimal positioning Smooth trend visualization RSI and MACD integration for confirmation Performance-based optimization Dynamic Band Calculation Dynamic Band Calculation automatically adapts to market volatility, generates wider bands in volatile periods, reducing false signals. It also generates tighter bands in stable periods, capturing smaller moves and smooth transitions between different volatility regimes. RSI Integration The RSI and MACD play multiple crucial roles in the Adaptive Supertrend. It first helps with momentum factor calculation. This dynamically adjusts band width based on momentum conditions. When the RSI is oversold, bands widen by 20% to prevent false signals during strong downtrends and provide more room for price movements in extreme conditions. When the RSI is overbought, brands tighten by 20% and they become more sensitive to potential reversals to help catch trend changes earlier. This reduces false signals in strong trends, helps detect potential reversals earlier than the usual, create adaptive band width based on market conditions and finally, better protection against whipsaws. MACD Integration The MACD in this supertrend indicator serves as a trend confirmation tool. The idea is to use MACD crossovers to confirm trend changes to reduce false trend change signals and enhance the signal quality. For this to become a signal, MACD crossovers must align with price movement to help filter out weak or false signals, which acts as an additional layer of trend confirmation. Additionally, MACD line position relative to signal line indicates trend strength, helps maintain positions in strong trends and assists in early detection of trend weakening. Momentum Integration Momentum Integration prevents false signals in extreme conditions, It adjusts dynamic bands based on market momentum, improves trend confirmation in strong moves and reduces whipsaws during consolidations. Improved signals There are a few systems to generate better signals, allowing for generally faster signals compared to original supertrend, such as: Enforced cooldown period between signals Prevents signal clustering Clearer entry/exit points Reduced false signals during choppy markets Performance Optimization This script implements a Sharpe ratio-inspired optimization algorithm to balance returns against risk, penalize large drawdowns, adapt parameters in real-time and improve risk-adjusted performance Parameter Settings ATR Period: 10 (default) - adjust based on timeframe Initial Multiplier: 3.0 (default) - will self-optimize Optimization Period: 50 (default) - longer periods for more stability Smoothing Period: 3 (default) - adjust for signal smoothness Best Practices Use on multiple timeframes for confirmation Allow the optimization process to run for at least 50 bars Monitor the adaptive multiplier for trend strength indication Consider RSI and MACD alignment for stronger signals
Индикатор Pine Script®
от EdgeTerminal
5
Close to SupertrendMany a times, we have seen that the price closing in towards supertrend reverses. This indicator gives signal that identifies high / low of any candle if near the down / up supertrend line by a defined margin using arrow signals. I've simply re-used readily available supertrend indicator source code and just modified it to these signals. So, almost all of the source code is not mine. Enter the short / long position when arrow signal appears. SL / trend reversal will be mandatorily at close of a candle above or below the supertrend line, and the supertrend changes direction. Hope this indicator comes handy for you.
Индикатор Pine Script®
от SushilKothawade
3
Adoptive Supertrend - BandsAnother adoption of supertrend. This time based on different channels - Bollinger Band, Keltner Channel, Donchian Channel and Pivot point based Donchian channel. When price hits top of bands, it is considered as start or continuation of uptrend. When price hits bottom of the band it is considered as start or continuation of downtrend. Hence, supertrend is drawn based on these calculations. Use ATR Periods and ATR Multiplier to create stops certain ATR away from band's top and bottom. Other supertrend adoptions published are here: Pivot point based donchian channel is published here:
Индикатор Pine Script®
от Trendoscope
7
ZigZag SupertrendBack to my favourite supertrend. But, this time on the basis of zigzag pivots. This is similar to forming supertrend based on pivot high lows - but instead of using pivot poitns, we are using zigzag pivots here. Zigzag is derived using the same method as this script: But, have removed labels and display options of zigzag. Older lines are also immediately deleted so that it can work well in lower timeframes without any error. Number of zigzaglines to be kept in memory depends on the parameter History WaitForConfirmation option when selected only considers the confirmed zigzaglines and will ignore present zigzag line which is forming. This is not going to make much difference as the present zigzag line will be always opposite to low or high it formed and hence will not affect the stop loss levels or reversals. WaitForClose is for supertrend determination. When checked uses close prices. If unchecked uses highs and lows for supertrend direction update. ATR parameters allow you to set an adjustment below pivot high lows. This is required because support and resistence are often zones rather than single point. Hence, adds bit more wiggle room for trend continuation and delays frequent reversals on pullbacks.
Индикатор Pine Script®
от Trendoscope
5
Adoptive Supertrend - Multi PivotsThis is extension to Adoptive Supertrend Pivots indicator published here: In this version, we make use of both high time frame and lower time frame pivots for efficient trailing of stops in case of bull run such as BTC. If we take example of BTC, no new pivot lows formed from 25th December. This means, our trailing stop is also stuck at ridiculously low level of 20k whereas BTC has nearly hit high of 35k. Our approach to solve this is by looking at lower time-frame pivots for deriving our trailing stop-loss if stop-loss is too wide from the close price. If the stop-loss isn't wide and new daily pivot lows are forming every now and then, then this indicator will work same as the earlier version of Pivots based Adoptive Supertrend. There seems to be issue in calculating lower time-frame Pivots and moving stop based on that while being in higher time-frame. Hence, we need to shift to lower time frame chart while making all the calculations such as ATR are done on higher time-frame. Hence, if you are looking to trade on daily chart, it is advisable to use this indicator on 1H, 2H or 4H chart while keeping parameter HTFResultion set to 1D Parameters are explained as below: HTF Resolution : Main resolution on which we need to apply supertrend calculation based on pivots. ATR and Pivot HTF are calculated on this resolution. Stop Distance Threshold : This is the minimum stop distance from close price in terms of percentage after which we can look for lower time-frame pivots for calculation of trailing stop. If stop loss keeps less than this percent, then lower time frame pivots are not used for calculating trailing stop loss. ATR Parameters : We use only higher time-frame ATR. Hence, ATR is calculated based on just one ATR Period for both cases. But, we can chose to have different ATR Multiplier for HTF and LTF. Using slightly higher ATR multiplier for lower time-frame than that of higher time-frame is advisable. Pivot Lengths : You can use different pivot lengths for higher and lower time-frames. We have removed Left and right pivot lengths for keeping it simple. Both will have same value based on selected pivot length for respective time-frames. Using higher Pivot length for lower time-frame is advisable to avoid frequent trailing.
Индикатор Pine Script®
от Trendoscope
1