LonesomeTheBlue

Supertrend Multi Time Frame - Auto HTF calculation

There is already SuperTrend indicator and thanks to its developer.

This script draws supertrend for current and higher time frame, it automatically calculates higher time frame and you don't need to adjust it when you change the period.

it also change the color of bars according to current and HTF supertrend, so you can see the trend by looking at bars color.

Bar color is lime if trend is up and red if trend is down. but if you see white bars then there is movement opposite the main trend.

if you like it please comment.

Release Notes:
Added Alert for Buy/Sell Signals.
Release Notes:
Upgraded to Pine v4
Release Notes:
Repaint issue fixed

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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