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OPEN-SOURCE SCRIPT

SuperTrend+ Cleaned

By Electrified
Similar to SuperTrend+ which allows for confirmation bars.

Differences:
  • Limited to SMA calculation of average true range.
  • Can filter outlier volatility.
  • Can apply a standard deviation to the ATR value.
ATRconfimationbarsconfirmationsupertrendtrailingstopTrend Analysis

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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