OPEN-SOURCE SCRIPT

MarktQuants Supertrend

Cập nhật
"MarktQuants Supertrend" is an indicator designed to help traders visualize market trends using a combination of moving averages and dynamic range calculations. It adapts to market conditions, providing insights into potential trend directions:

Trend Identification:
Utilizes a customizable moving average (MA Type) with options like SMA, EMA, SMMA, WMA, VWMA, TEMA, DEMA, LSMA, HMA, or ALMA to smooth price action.
Calculates a dynamic range based on the highest high over a specified period (Length), adjusted by multipliers (Multiplier Alpha and Multiplier Beta).

ảnh chụp nhanh

Signal Generation:
The indicator assesses price relative to both the moving average and the calculated range (Average Range or Lookback Alpha and Beta).
Scores are computed to determine if the price action suggests a long (bullish) or short (bearish) trend via crossover signals from these scores.

ảnh chụp nhanh

Visual Indicators:
  • Candlesticks: The color changes based on the trend direction; greenish for long conditions and purplish for short conditions, enhancing visual trend recognition.
  • Moving Average Line: Plotted in semi-transparent color matching the trend, with a bold line for clarity.
  • Range Indicator: A line representing the average range, filled with semi-transparent color to show potential support or resistance levels.


Customization:
Users can toggle between using the average range or specific lookback periods for trend signals via the Use Average Range option.
Adjustable parameters for the moving average and range calculations allow for fine-tuning to various market instruments or trading styles.

Inputs:
Range Settings:
  • Length: Defines the period for calculating the highest high.
  • Lookback Alpha & Lookback Beta: Different lookback periods for range calculation.
  • Multiplier Alpha & Multiplier Beta: Multipliers for adjusting the range.
  • Use Average Range: Switch to use average or specific range for signals.
  • Color Inputs: Select the bullish and bearish colors based on the users personal preference.


ảnh chụp nhanh
ảnh chụp nhanh

Moving Average Settings:
  • Type: Choice of moving average type.
  • Length: Length of the moving average.
  • Source: The price source for the moving average calculation (default is close price).


Note: This indicator is best used alongside other analysis tools to confirm trends and signals. Always consider the broader market context.

This description should meet TradingView's standards for indicator descriptions, providing clear context, functionality, and customization options to potential users.
Phát hành các Ghi chú
  • Added alert conditions for longs and shorts
  • Added the source option for the range calculations to adapt to high volatile assets.
Moving AveragesTrend AnalysisVolatility

Mã nguồn mở

Theo tinh thần TradingView thực sự, tác giả của tập lệnh này đã xuất bản dưới dạng nguồn mở để các nhà giao dịch có thể hiểu và xác minh. Chúc mừng tác giả! Bạn có thể sử dụng miễn phí. Tuy nhiên, bạn cần sử dụng lại mã này theo Quy tắc nội bộ. Bạn có thể yêu thích nó để sử dụng nó trên biểu đồ.

Bạn muốn sử dụng tập lệnh này trên biểu đồ?


Ngoài ra, trên:

Thông báo miễn trừ trách nhiệm