KS SuperTrend Indicator
- Indicadores
- Kulvinder Singh
- Versão: 1.9
KS Supertrend Indicator
Core Features
- Classic Supertrend Algorithm with accurate Pine Script-style logic
- Uses ATR (Average True Range) to dynamically plot trend-following bands
- Dual Trend Visualization:
- Green line = Uptrend (Bullish)
- Red line = Downtrend (Bearish)
- Smart Background Highlighting:
- Light green background fill during uptrends
- Light red background fill during downtrends
- Can be toggled on/off
- Clear Buy & Sell Signals:
- Green ▲ arrow for Buy signals (trend flip from down to up)
- Red ▼ arrow for Sell signals (trend flip from up to down)
- Arrows are intelligently positioned just outside the trend line for better visibility
Key Settings & Customization
- ATR Period (default: 10)
- ATR Multiplier (default: 3.0)
Display Settings:
- Show/Hide Buy & Sell signal arrows
- Enable/Disable background highlighting
Alert System (Highly Reliable):
- Desktop popup alerts
- Push Notifications to mobile phone (MT5 app)
- Alerts only trigger on closed bars (no repainting on current bar)
- Each alert fires only once per bar (prevents spam)
- Separate toggles for Buy alerts and Sell alerts
Technical Advantages
- Optimized incremental calculation for better performance (even on long histories)
- Proper handling of initial ATR warmup period
- Clean, market-ready code structure
- Uses EMPTY_VALUE correctly for clean chart appearance
- Includes safety check for push notification settings
How It Works
indicator helps you identify the current trend direction and potential reversal points:
- When the price is above the Supertrend line → Uptrend (green)
- When the price is below the Supertrend line → Downtrend (red)
Buy Signal: The Supertrend line flips from red to green Sell Signal: The Supertrend line flips from green to red
This makes it excellent for trend following, stop-loss placement, or as a filter in trading strategies.
Use Cases
- Trend trading on any timeframe (M5 to Daily)
- Trailing stop-loss tool (place stop below/above the Supertrend line)
- Early trend reversal detection
- Combining with other indicators (RSI, Moving Averages, Support/Resistance)
