OPEN-SOURCE SCRIPT
StableF-Main
It is combination of Built in Super trend and Adx with take profit
uptrend is considered when +dmi is above -dmi and +dmi is above 25 and adx is above 25 and supertrend gives Buy
downtrend is considered when -dmi is above +dmi and -dmi is above 25 and adx is above 25 and supertrend give sell
use fibo for target by taking as previous swing high and swing low
-supertrend crossover is referred as buy plotshape
-supertrend cross under is referred as Sell plotshape
-keep stoploss at dot line of supertrend
-adx-dmi crossover (+dmi crossed above -dmi) is shown by Triangle Up symbol
-adx-dmi crossunder( -dmi crosses below +dmi) is shown by Triangle down symbol
--Cross symbol with blue line with linewidth 2 is referred as Take profit
--combine this with adx -dmi setting with 7 and 14
----disclaimer-----
used free built in supertrend and adx so u can use same setting in other broker or in trading view
not responsible for any loss or gain
-only for educational purpose
uptrend is considered when +dmi is above -dmi and +dmi is above 25 and adx is above 25 and supertrend gives Buy
downtrend is considered when -dmi is above +dmi and -dmi is above 25 and adx is above 25 and supertrend give sell
use fibo for target by taking as previous swing high and swing low
-supertrend crossover is referred as buy plotshape
-supertrend cross under is referred as Sell plotshape
-keep stoploss at dot line of supertrend
-adx-dmi crossover (+dmi crossed above -dmi) is shown by Triangle Up symbol
-adx-dmi crossunder( -dmi crosses below +dmi) is shown by Triangle down symbol
--Cross symbol with blue line with linewidth 2 is referred as Take profit
--combine this with adx -dmi setting with 7 and 14
----disclaimer-----
used free built in supertrend and adx so u can use same setting in other broker or in trading view
not responsible for any loss or gain
-only for educational purpose
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.
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.