Simple index

🔹 Key Features
Uses fixed EMA for ATR smoothing.
Separately calculates positive and negative ATR for improved trend detection.
All Supertrend parameters are fixed, ensuring identical signals for all users.
Plots Supertrend line (red/green) and direction data for easy visual reference.
🔹 How It Works
Computes ATR separately for bullish and bearish periods.
Applies fixed EMA smoothing.
Calculates dynamic buy/sell stops to signal trend changes.
🔹 Usage / Trade Guidance
Red Supertrend line → Consider entering long (buy) positions.
Green Supertrend line → Consider entering short (sell) positions.
Works best on multiple timeframes; suitable for swing trading, position trading, or as a filter for intraday setups.
🔹 Advantages
Separates positive and negative ATR contributions to reduce false signals.
Fixed parameters ensure consistent signals across all users.
Includes built-in alert conditions for bullish/bearish trend changes.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact Deanwn directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact Deanwn directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.