SuperTrend Plus Dema
- Indicatori
- Loemiro Boholts Busis
- Versione: 1.0
SuperTrend Plus Dema – Faster Trends, Less Noise
SuperTrend Plus Dema is an advanced evolution of the classic trend-following indicator. Unlike standard SuperTrend indicators that rely solely on High/Low or Close prices, this tool integrates the Double Exponential Moving Average (DEMA) as a calculation source.
This unique combination offers a smoother trend line with significantly reduced lag, allowing you to catch trends earlier while filtering out market noise.
Why use SuperTrend Plus Dema?
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Reduced Lag: DEMA is designed to react faster to price changes than standard EMAs or SMAs. By basing the SuperTrend calculation on DEMA, you get earlier entry signals.
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Noise Filtering: Perfect for volatile markets (like Gold or Indices) where price spikes often trigger false reversals in standard indicators.
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Wick Control: Includes a built-in filter to ignore candle wicks, preventing stop-hunts from flipping your trend direction prematurely.
Key Features
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DEMA Integration: Visualize the DEMA line alongside the SuperTrend levels.
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Flexible Pricing: Calculate trends based on Close, Median, Typical, Weighted, or the DEMA itself.
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Non-Repainting: Signals are historical and do not vanish after the bar closes.
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Visual Alerts: Color-coded lines (Green for Bullish, Red for Bearish) make trend identification instant.
Input Parameters
1. SuperTrend Settings
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ATR Period: The lookback period for volatility calculation (Default: 22).
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Multiplier: The sensitivity of the trend. Higher values = wider stops/longer trends; Lower values = tighter stops/scalping (Default: 3.0).
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Source Price: Choose the price type for calculation. Select AP_PRICE_DEMA to activate the DEMA smoothing logic.
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Take Wicks Into Account: Set to true to include high/low wicks. Set to false to calculate based on Close price only (filters volatility).
2. DEMA Settings
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DEMA Period: The period for the Double Exponential Moving Average (Default: 14).
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DEMA Shift: Shift the line forward or backward (Default: 0).
How to Trade
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Entry: Buy when the line turns Green. Sell when the line turns Red.
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Stop Loss: Use the SuperTrend line itself as a trailing stop-loss.
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Filter: For best results, ensure the DEMA line is sloping in the direction of the trade.
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