This is a redesign of the SuperTrend indicator. It removes stupid transitions between SuperTrend states and highlights initial points for both lines.
SuperTrend is a moving stop and reversal line based on the volatility (ATR).
ATR is an indicator that has been removed and replaced with a moving average.Bar colors and infopanel have been added.
Green = ExMov > Most and close > Most and low > Most
Blue = ExMov > Most and close > Most and low < Most
Red = Most > ExMov and close < Most and high < Most
Yellow = Most > ExMov and close < Most and high > Most
//It gives White color...
hello everybody !
this indicator helps you to get a better trading setting.
it's similar to the default draw tool from the trading view but the difference is you can add Trail stop and Alert .
It also helps to free accounts to set more than 1 Alarm !!!
just remember after you see set an alert if you change stop or entry,...