SuperTrend
Posted: Wed Dec 12, 2012 2:01 pm
CCI will trigger SuperTrend switch.
The user can specifies the distance from High / Low (in pips) after switch.
SuperTrend moves only in the direction of the trend.
If Price Filter is On.
And the price goes in the other direction, the Super Trend will hold its position.
Shift Values proposed by the author,
based on Chart Time Frame length in minutes.
case 1: Shift = 3;
case 5: Shift = 5;
case 15: Shift = 7;
case 30: Shift = 9;
case 60: Shift = 20;
case 240: Shift = 35;
case 1440: Shift = 40;
case 10080: Shift = 100;
case 43200: Shift = 120;