Two Line SuperTrend Strategy
Posted: Fri Sep 23, 2016 4:38 am
Open Long
Both time frames are in up trend
Open Short
Both time frames are in down trend
Optinal Exit
If two time frames disagree.
If "Use Trend Filter" is off, second time frame filter will not be used.
If "Only on subtrend change" is on, trade will be executed,
only if we have a change in the indication on smaller time frame.
SuperTrend.lua is available here.
viewtopic.php?f=17&t=3102&hilit=SUPERTREND
The Strategy was revised and updated on January 21, 2019.