INVITE-ONLY SCRIPT
Updated

Self-Adjusting SuperTrend

16 506
What is this tool?
This is an implementation of the well-known SuperTrend indicator that can adjust parameters on the fly to achieve a better profitability.
The algorithm was borrowed from Profitable SuperTrend and connected to the basic SuperTrend implementation. So, now it will switch parameters automatically without any manual work required.

Alerts
The same alerts as for the basic SuperTrend + special alert to notify user about parameters switching.

Profitable SuperTrend indicator can be found here:
Profitable SuperTrend


SuperTrend indicator can be found here:
SuperTrend


Good luck!
Release Notes
  • Security update
Release Notes
  • Optimization update
Release Notes
  • Update
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  • Update
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  • Update
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  • Update
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  • Update
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  • Update
Release Notes
  • Fixed bug with the SuperTrend calculation on doji candles
Release Notes
Intermediate update

  • Pine Script V5
  • Now you can use "Any alert() function call" option for alerts

Disclaimer

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