Pocket Optins SuperTrend
- Indicatori
- Matthew Palulis
- Versione: 10.8
- Attivazioni: 5
SuperTrend Indicator with Alerts
Description
The Super_Trend Indicator is a powerful tool for identifying market trends and potential reversal points using a combination of the following technical indicators:
- Commodity Channel Index (CCI):
- The indicator detects shifts in momentum, confirming trends above or below user-defined trigger levels.
- Exponential Moving Average (EMA):
- Acts as a trend filter to validate BUY and SELL signals for better accuracy.
- Super Trend Lines:
- A bright lime green line is plotted below candles during an uptrend.
- A bright red line is plotted above candles during a downtrend.
Features
- Visual Trend Signals:
- The indicator draws distinct lines for uptrends and downtrends, allowing you to quickly identify market conditions.
- Signal Arrows:
- Lime green arrows indicate BUY signals at confirmed uptrend reversals.
- Red arrows indicate SELL signals at confirmed downtrend reversals.
- EMA Confirmation:
- Signals are generated only if the price crosses above (BUY) or below (SELL) the EMA line, enhancing signal reliability.
- Alerts:
- Configurable alerts notify you of new BUY or SELL signals, ensuring you never miss a trend change.
Inputs
- CCI Period: Adjust the sensitivity of the Commodity Channel Index.
- EMA Period: Set the smoothing period for the EMA confirmation filter.
- Multiplier and ATR Period: Fine-tune the Super Trend line calculation.
- Trend and Signal Customization:
- Customize the colors, widths, and offsets for the trend lines and signal arrows.
- Alert Options:
- Enable or disable alerts for BUY and SELL signals.
Usage
- BUY Signals:
- A BUY arrow appears when the CCI crosses above the trigger level, and the price is above the EMA line.
- The uptrend line turns lime green, appearing below the candles.
- SELL Signals:
- A SELL arrow appears when the CCI crosses below the trigger level, and the price is below the EMA line.
- The downtrend line turns bright red, appearing above the candles.
Key Advantages
- Combines momentum analysis (CCI) with trend filtering (EMA) for more accurate signals.
- Alerts and arrows ensure timely notifications of trend changes.
- Fully customizable to suit different trading styles and assets.
Disclaimer
This indicator was tested extensively and works seamlessly with Pocket Options, EABiBOT, and AutoSignal App. However:
- It does not guarantee 100% accuracy.
- It is designed as a tool to assist traders in identifying trends, and decisions should be made with proper risk management.
- Use this indicator at your own risk. The author is not responsible for any financial loss resulting from its use.
