Whilst this script may appear slow due to the 4hr Supertrend, it does a great job of managing breakouts.
Using this indicator is simple, if the line labeled Lifetime is green then buy, if red then sell OR don't trade. So...
Green Line - This strategy is in a buy position Red Line - This strategy is in a sell position Any other Color - DON'T TRADE
The traders approach is simple, when all indicators are green or red, then take the trade. As soon as one indicator changes, then re-evaluate using your normal process, such as price action, to determine whether to close the trade or continue.
If you require any further information or script modifications, please message me.
@ForexResearchLabs :
Is there a way to anchor/fix the labels of the heatmap (here: timeframes) to the right, so that they are always shown on the right side, even if I scroll back to the left in order to see older candles? This is really important to me. I would deeply apprciate it, if you could provide your expertise and help. Thank you very much.
It would also be possible to anchor the labels to the left side, if not possible on the right side.
Karthikeyan_S
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Nice script.. Thinking that ATR calculation needs to done on muti timeframe.
@Karthikeyan_S, Where would you put this code and how does it help. Would appreciate your advice as I have tweaked this indicator but have no coding experience. Thanks Manoj Nair
Brolly89
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Hmm I want to start an alert for buy signal but they never start any alert
avmarko
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Nice idea. I think 4h supetrend is calculated wrong - and this is why it still rsponds fast to breakouts. (hl2 is taken from 4h timeframe, while atr is using the chart's timeframe).
muhammad_muslim_abdullah
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is this repaint?
sfwilcox
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I'm new to TradingView, but so far this is one of my favorite indicators.
It's been a while since I've done any programming & Pine is certainly new to me. The one thing I might try is adding a single alertcondition() call which notifies of the Lifetime color change. In my head I know the pseudo-code: which is to compare the values of LifeTime and LifeTime[1] in a series of conditional if/else statements to set local variables alert_title and alert_message which are then used as parameters when calling alertcondition().
My thought is that this would combine the current 4 alertcondition() calls into a single condition and the title & text of the alert will notify me of actions I need to do.
This is something on my docket to try in the coming weeks. But if there is a more experienced person out there who thinks this would be of value, I thought I would share this idea.
YVGanesh
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Sir, kindly make a similar multi time indicator using RSI, Super Trend, ADX where we can change the values of ADX, RSI and Super Trend
Hociemocie
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This is fantastic! Thanks!!!
ernie76
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hey nelly whats up ...where is the supertrend mtf no repaint?
Is there a way to anchor/fix the labels of the heatmap (here: timeframes) to the right, so that they are always shown on the right side, even if I scroll back to the left in order to see older candles? This is really important to me. I would deeply apprciate it, if you could provide your expertise and help. Thank you very much.
It would also be possible to anchor the labels to the left side, if not possible on the right side.