manomanomano

Super Rev Strategy

This is a strategy version of the super Rev Study, its a buy sell indicator that uses a combination of 3 super trend lines , EMA , Williams %R , the squeeze momentum indicator and the MK oscillator

The super trend lines and ema are utilised to locate the trend.
The williams %R has been incorporated to determine overbought/oversold conditions.
The MK oscillator is used to filter out trades

The buy and sell flags are generated based on the following conditions:

The location of the price in relation to the super trend lines
if the price is above or below the EMA .
If the Williams %R is oversold/overbought
Mk oscillator over or under

The squeeze momentum indicator can be added as a filter to only allows trade in certain conditions i.e bullish and above the 0 line or avoid trades if bearish and above the 0 line for example.

All the indicators involved can be customised to created a unique indicator

we strongly recommend testing this strategy in bar replay mode to highlight repaint conditions, increasing the candle confirmation on the Mk oscillator settings can be used to minimise these situations

The strategy results in the image, have used the following inputs to generate the results

Starting equity - 10,000
% of equity - 10%
Commission - 0.0075
Slippage - 10 pips


Created by manomanomano, Developed by @badshah_e_alam
Release Notes: %R higher time frame function added
Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact manomanomano for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it until you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Public Library.

Author's instructions

Please contact me via discord to request access to this indicator - Refer to the signature for an invite link

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Warning: please read before requesting access.

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