OPEN-SOURCE SCRIPT
Updated Supertrend A/D Breakout
Modified Hoffman A/D:
1. uses standard supertrend to determine up/down direction (previous version used ema crossover)
2. uses improved A/D candlestick patterns
I'm optimistic about this one
1. uses standard supertrend to determine up/down direction (previous version used ema crossover)
2. uses improved A/D candlestick patterns
I'm optimistic about this one
Release Notes
fixed up the candle detectionRelease Notes
reset key support/resistance after a trend changeRelease Notes
small update to the supertrend calculation to use high and low instead of hl2Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.