1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
SuperTrend Toolkit calculates upper and lower bands using a configurable source, length, and factor multiplier. Contrarian signals generate buy and sell labels with alerts when the trend reverses. Main settings adjust the calculation source, band length, and multiplier. The indicator draws trend lines and filled areas between bands in a separate pane while also plotting on the main chart. It includes no exit rules beyond signals and alerts.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Source
source
close
src
Length
int
10
len
Factor
float
5.
mlt
Contrarian Signals
bool
false
clbl
Colors
color
#008cff
colu
cold
color
#ff4800
cold
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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