Polyfactor Supertrend Oscillator
- Indicatori
- Mudit Agarwal
- Versione: 1.0
- Attivazioni: 5
The SuperTrend Polyfactor Oscillator is an oscillator based on the popular SuperTrend indicator that aims to highlight information returned by a collection of SuperTrends with varying factors inputs. A general consensus is calculated from all this information, returning an indication of the current market sentiment.
Note that it is inspired by the indicator available on TradingView by LuxAlgo but it is NOT exactly the same. I have made some minor tweaks in the logic and removed mesh as it seemed unnecessary.
- ATR Period: ATR Length of all calculated SuperTrends.
- ATR Multiplier: Factor input of the shorter-term SuperTrend.
- Increment: Step value between all SuperTrends factors.
- Normalize: Normalization method used to rescale the indicator output.
Happy trading!