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MA Candles Supertrend Strategy

Trendoscope Wizard Updated   
Average True Range (ATR) Moving Averages supertrend
654
20
averagetruerange movingaverage supertrend
Simple strategy which is derived by below method:

1. Calculate moving average of High, Low, Open and Close and make candles of them.
2. Derive supertrend on the moving average candles.
3. Generate buy and sell signals based on supertrend direction combined with higher timeframe high-low condition
Release Notes:
  • Corrected inDateRange condition.
  • Refined entry and exit to avoid premature trade in tight conditions
Release Notes:
Convert to pine 5
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Open-source script

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