OPEN-SOURCE SCRIPT
AI-Powered Supertrend
Key Features:
Supertrend Algorithm
- Tracks market trends using ATR (Average True Range) to identify potential buy and sell zones.
- Color-coded trendlines (green for bullish, red for bearish) for clear visualization.
Moving Average Crossovers
- 21-period SMA and 5-period SMA for short- and mid-term trend analysis.
- Buy and sell signals generated at crossover points (minimalist circles).
Stock Information Label
- Displays the stock's ticker symbol in a clean, upper-right label format.
Minimalist Design
- Reduces visual clutter while retaining crucial data for decision-making.
This indicator is ideal for traders looking for a powerful yet straightforward tool to monitor trends, recognize opportunities, and enhance their trading strategy.
Note: For advanced features such as real-time fundamental analysis, dynamic API integration may be required.
Supertrend Algorithm
- Tracks market trends using ATR (Average True Range) to identify potential buy and sell zones.
- Color-coded trendlines (green for bullish, red for bearish) for clear visualization.
Moving Average Crossovers
- 21-period SMA and 5-period SMA for short- and mid-term trend analysis.
- Buy and sell signals generated at crossover points (minimalist circles).
Stock Information Label
- Displays the stock's ticker symbol in a clean, upper-right label format.
Minimalist Design
- Reduces visual clutter while retaining crucial data for decision-making.
This indicator is ideal for traders looking for a powerful yet straightforward tool to monitor trends, recognize opportunities, and enhance their trading strategy.
Note: For advanced features such as real-time fundamental analysis, dynamic API integration may be required.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.