Non Repainting Supertrend Indicator

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Non Repainting Supertrend Indicator

Postby Alexander.Gettinger » Wed Jun 19, 2013 2:47 pm

Non-repainting supertrend indicator on the base of articles at http://www.marketcalls.in/ blog.

Formulas:
Up branch = Median price + Mulriplier*ATR(Period),
Dn branch = Median price + Mulriplier*ATR(Period).

NR_Super_Trend.PNG


Download:
NR_Super_Trend.lua
(2.69 KiB) Downloaded 3070 times

NR_Super_Trend with Alert.lua
(14.19 KiB) Downloaded 824 times

MT4/MQ4 version
viewtopic.php?f=38&t=65458&p=116509#p116509
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Re: Non Repainting Supertrend Indicator

Postby speakinmymind » Thu Aug 22, 2013 12:50 pm

Could you please develop a strategy to trade on this indicator??
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Re: Non Repainting Supertrend Indicator

Postby Apprentice » Fri Aug 23, 2013 2:00 am

Your request is added to the development list.
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Re: Non Repainting Supertrend Indicator

Postby Patrick Sweet » Fri Aug 23, 2013 12:12 pm

I second the request for a strategy!
I have calibrated this against the atrtshl indicator (very similar) but this one provides a bit better filtering at lower periods.
Thanks!
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Re: Non Repainting Supertrend Indicator

Postby Stance » Mon Jul 13, 2015 11:51 pm

Hi,

How to use this indicator?

BUY when the price is above the red line and SELL when it's below the green line?
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Re: Non Repainting Supertrend Indicator

Postby Apprentice » Thu Jul 16, 2015 5:26 am

While personally I do not use indicator in my trading.
This seems like a reasonable approach.
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Re: Non Repainting Supertrend Indicator

Postby Apprentice » Mon Jan 16, 2017 4:57 am

New Non Repainting Supertrend Indicator strategy is available here.
viewtopic.php?f=31&t=64304
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Re: Non Repainting Supertrend Indicator

Postby sliova » Thu Dec 14, 2017 2:29 am

This indicator is great, especially when u want trade trend.

Can U add alert in this indicator and make a MT4 version? thks
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Re: Non Repainting Supertrend Indicator

Postby Apprentice » Fri Dec 15, 2017 7:04 am

MQ4 bit was added to the development list under Id Number 3977
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