The indicator is built using Supertrend, RSI, and Ema Crossovers.
What is the best way to use the indicator?
Indicator can be used in two ways:
First : If a signal appears on the chart, you can enter immediately the stoploss is the candle's low with a Small Buffer.
Second: you will get good results if you plot additional indicators like as volume, RSI and so on for additional confirmation to get better results
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The new buy sell signal option with additional confirmation using ATR i.e. average true range
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Tema for additional confirmation , if candle closed above tema and signal appears then go for long vice versa same for short
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For better and clean chart TEMA replaced with EMA with HMA smoothing
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general fixes and improvement in Baseline
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Rainbow Moving average change to ALMA
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Some signal Improvements
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Reversal Settings are changed
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Scalping Signals Improved
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Scalping Signals Removed & Pivots Based Signals are added please go with Additional confirm to take good entry
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New Signals Option for Stocks / Stock Options Only *
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Stock Signals Settings Changed, always put SL to nearest Swing and for additional confirmation use PAC
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Pivots Setting Changed
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stock Signals Removed
Possible Reversal Signal Added
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Period 21 of Dynamic Moving Average (SR) with Reversal Option added
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Reversal Bar Color added instead of signal, Use Higher TF
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Color filter condition removed
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Blast Candle Option added use it for Testing Purpose
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Minor bug fixes
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********** improvements ******
Reversal Candle Option Removed
Color Filter Removed
Filter signals with VWAP
Simple setting Panel
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More accuracy With VWAP in SuperTrend with ATR signals, Hope you will like that
Non Repainted signals on SuperTrend with ATR
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The biggest challenge with signals is determining when and where to enter. To help with this, horizontal lines with corresponding signals are plotted on charts. For instance, if a buy signal appears on the chart, the candle high will be indicated by a green horizontal line. Once the candle closes above the line, simply place a trade; the stop loss will be the candle that represents the signal's low and vice versa for short signals.
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Find Strong Candle on chart
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Strong Candles display on chart more precisely
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Stoploss step lines added to help to keep stop loss on chart