SuperTrend Buy And Sell

Original = @everget
Actual Version - @guikroth
Release Notes: up
Release Notes: up
Release Notes: Fixing alerts
Release Notes: bluecolor line
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NIce indicator.. thanks mate
this indicator is like magic, thanks!
@aes0n, Have you backtest it and is it still that profitable?
+3 Reply
aes0n dpanday
@dpanday, i don't use just use this one indicator. i base 90% of my trading decision on the elliott wave principle and use this indicator (as well as MACD, RSI with moving averages, multiple timeframes, and modular filter among others) for the remaining 10% to decide whether i will go long or short. but overall this indicator tends to be correct way more often than not.
+2 Reply
Gui, that's an amazing indicator! It works super well....but sometimes it gives a false signal...specially on markets moving there any way to minimize (or ignore) the false signals? Thank you!!!
+7 Reply
@guime, Hi, Unfortunately not
@guime, I'd say by matching it up to higher time frame RSIs.

EG when a market is oversold on the 4h, look for buy signals. That way you only take the trades when the market is over extended.

If the market is ranging sideways, it won't ever get oversold/overbought, therefore cutting out rangebound chop.
guime StockyAndrew
Hey @StockyAndrew, thank you so much for your help!
Thanks a lot
guikroth Crypto_Anarchist
@Crypto_Anarchist, My pleasure. I just set the alerts in to original.
+1 Reply
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