PROTECTED SOURCE SCRIPT
Updated APIBridge Supertrend
Strategy Premise
The SuperTrend indicator is calculated utilizing the ATR to offset the indicator from the common price. When the price touches the SuperTrend collection it turns in the other direction. The indicator line adjusts its color between green and red predicated on the price instant in the underlying.
Strategy Logic
Long Entry: When the Supertrend flips to green and closes below the price, a buy signal is generated
Long Exit: When the Supertrend flips to red and closes above the price, a long exit signal is generated
Short Entry: When the Supertrend flips to red and closes above the price, a sell signal is generated
Short Exit: When the Supertrend flips to green and closes below the price, a short exit signal is generated
Supertrend Strategy Parameters for TradingView Charts
Quantity: This is used to specify the trade quantity
Custom Stop Loss in Points: Movement in chart price against the momentum which will trigger exit
Custom Target in Points: Movement in chart price against the momentum which will trigger exit
ATR Period: ATR measures volatility, taking into account any gaps in the price movement. Typically, the ATR calculation is based on 14 periods, which can be intraday, daily, weekly, or monthly.
Intraday Trade Session: Entry Trade Will be Taken only in this session.
EXIT Session: Trades will be squared off in this timeframe
Setting Up Alert
Before setting up the alert make sure that You have selected desired script, timeframe, and strategy settings, APIBridge ™ is configured and running. Click in settings add alert and paste {{strategy.order.comment}} in message box.
Important: do not change any settings during live trading.
The SuperTrend indicator is calculated utilizing the ATR to offset the indicator from the common price. When the price touches the SuperTrend collection it turns in the other direction. The indicator line adjusts its color between green and red predicated on the price instant in the underlying.
Strategy Logic
Long Entry: When the Supertrend flips to green and closes below the price, a buy signal is generated
Long Exit: When the Supertrend flips to red and closes above the price, a long exit signal is generated
Short Entry: When the Supertrend flips to red and closes above the price, a sell signal is generated
Short Exit: When the Supertrend flips to green and closes below the price, a short exit signal is generated
Supertrend Strategy Parameters for TradingView Charts
Quantity: This is used to specify the trade quantity
Custom Stop Loss in Points: Movement in chart price against the momentum which will trigger exit
Custom Target in Points: Movement in chart price against the momentum which will trigger exit
ATR Period: ATR measures volatility, taking into account any gaps in the price movement. Typically, the ATR calculation is based on 14 periods, which can be intraday, daily, weekly, or monthly.
Intraday Trade Session: Entry Trade Will be Taken only in this session.
EXIT Session: Trades will be squared off in this timeframe
Setting Up Alert
Before setting up the alert make sure that You have selected desired script, timeframe, and strategy settings, APIBridge ™ is configured and running. Click in settings add alert and paste {{strategy.order.comment}} in message box.
Important: do not change any settings during live trading.
Release Notes
APIBridge Supertrend will work now with JumpStart and Advance Template both.Release Notes
UpadtedRelease Notes
updatedRelease Notes
Alert Message : Copy the text in this field and replace it with everything written in the message box of the alert and set the alertRelease Notes
Intraday session updatedRelease Notes
APIBridge Super Trand 5 VersionRelease Notes
APIBridge SuperTrandProtected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Regards,
Algoji Enterprises Private Limited
APIBridge™
Algoji Enterprises Private Limited
APIBridge™
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Regards,
Algoji Enterprises Private Limited
APIBridge™
Algoji Enterprises Private Limited
APIBridge™
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.