Supertrend Trend Change Signals + Covered Points Only (v5)[NR]

Supertrend with Buy/Sell Signals + Covered Points (v5)

Description

This indicator is a custom version of the Supertrend that provides:

Buy/Sell signals whenever the trend flips (Up → Buy, Down → Sell).

Covered points label at the end of each trend, showing the total price movement captured from entry to exit.

Optional colored candles based on trend direction.

Visual markers (triangle up/down) for quick identification of flips.

Built-in alert conditions for Buy and Sell flips.


Use case:
Designed for traders who want not only entry/exit alerts but also a quick view of how many points the previous run covered. Especially useful for index futures (e.g., NIFTY, BankNIFTY) or instruments where point movement matters.

⚠ Note: This is a study/indicator, not a strategy. It does not auto-trade and should be combined with your own analysis and risk management.