OPEN-SOURCE SCRIPT
Updated SuperTrended Moving Averages
A different approach to SuperTrend:
adding 100 periods Exponential Moving Average in calculation of SuperTrend and also 0.5 ATR Multiplier to have a clear view of the ongoing trend and also provides significant Supports and Resistances.
Default Moving Average type set as EMA (Exponential Moving Average) but users can choose from 11 different Moving Average types as:
SMA : Simple Moving Average
EMA : Exponential Moving Average
WMA : Weighted Moving Average
DEMA : Double Exponential Moving Average
TMA : Triangular Moving Average
VAR : Variable Index Dynamic Moving Average a.k.a. VIDYA
WWMA : Welles Wilder's Moving Average
ZLEMA : Zero Lag Exponential Moving Average
TSF : True Strength Force
HULL : Hull Moving Average
TILL : Tillson T3 Moving Average
Credits going to CryptoErge for sharing his development to public.
adding 100 periods Exponential Moving Average in calculation of SuperTrend and also 0.5 ATR Multiplier to have a clear view of the ongoing trend and also provides significant Supports and Resistances.
Default Moving Average type set as EMA (Exponential Moving Average) but users can choose from 11 different Moving Average types as:
SMA : Simple Moving Average
EMA : Exponential Moving Average
WMA : Weighted Moving Average
DEMA : Double Exponential Moving Average
TMA : Triangular Moving Average
VAR : Variable Index Dynamic Moving Average a.k.a. VIDYA
WWMA : Welles Wilder's Moving Average
ZLEMA : Zero Lag Exponential Moving Average
TSF : True Strength Force
HULL : Hull Moving Average
TILL : Tillson T3 Moving Average
Credits going to CryptoErge for sharing his development to public.
Release Notes
added transperency function according to users' comments.Release Notes
added Multiple Time Frame function= users can use on higher time frames toochanged white highlighters.
thanks for suggestions
Release Notes
added transparency option for users to optimize*Best wishes goes to LonesomeTheBlue, the king!
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.
Telegram t.me/AlgoRhytm
YouTube (Turkish): youtube.com/c/kivancozbilgic
YouTube (English): youtube.com/c/AlgoWorld
YouTube (Turkish): youtube.com/c/kivancozbilgic
YouTube (English): youtube.com/c/AlgoWorld
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.
Telegram t.me/AlgoRhytm
YouTube (Turkish): youtube.com/c/kivancozbilgic
YouTube (English): youtube.com/c/AlgoWorld
YouTube (Turkish): youtube.com/c/kivancozbilgic
YouTube (English): youtube.com/c/AlgoWorld
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.