Get started
TheBacktestGuy

Supertrend Ext

TheBacktestGuy Updated   
Trend Analysis supertrend zerolag ATR outlier_detector outliers
67
2
trendanalysis supertrend zerolag atr outlier_detector outliers
1st it exactly looks like the original Supertrend indicator. But if you see the options, you can see it is totally different:

  • It uses my other indicator inside: Zero Lag Keltner Channels, so you can use smoothed ATR bands for calculation instead of the raw ATR. By default it's length is 1 so it works like the original Supertrend.
  • You can choose different sources and moving averages for Keltner Channel calculation
  • It can filter outliers in ATR calculation
  • The indicator code is in my TAExt library, so it can easily be used in custom strategies.
Release Notes:
Multiple timeframe support
Release Notes:
  • Cleaned unused parameters and calculations
  • Fixed the offset feature
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.

Want to use this script on a chart?