Super Trend Indicator
The Super Trend is a trend-following indicator. It is based on a combination of the average price rate in the current period, and a volatility indicator. The ATR indicator is most commonly used for this purpose. This indicator has 2 parameters: Period (the ATR Period), and Multiplier (ATR is multiplied by this value and added to the average price).
- The values are calculated as follows:
Up = (HIGH + LOW) / 2 + Multiplier * ATR
Down = (HIGH + LOW) / 2 - Multiplier * ATR
When the change of trend occurs, the indicator flips
Green values usually indicate an uptrend, red values indicate a downtrend. If the indicator is going flat, this is an evidence that the trend has lost its strength. This indicator also clearly shows the exit points.
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User Comments
by
GPY
added Friday, December 04, 2009
I have also seen an indicator with such name based on CCI
by
Charley
added Wednesday, December 30, 2009
There are several variations, although they are using the very same concept.
I'm looking to create an indicator myself and was wondering what part of this code generates the dot?
by
Visitor
added Thursday, February 11, 2010
There is a graph type dedicated for dots
var
Graph: TPointGraph;
The usage is the same as other graph types:
procedure Init;
begin
Graph := TPointGraph.Create();
end;
procedure Add(const ValueIndex: Integer);
begin
...
Graph.AddXY(SourceGraph.XValue(ValueIndex), MyValue);
...
end;
by
Nildamey
added Tuesday, February 23, 2010
Cet indicateur doit avoir un souci...je l'ai essayé sur plusieurs paires de devises et il s'avère faut soit les points restent rouges tout le temps même quand ça monte....doit y avoir un problème...merci d'y jeter un oeil...
by
NIK
added Monday, April 04, 2011
EXCEPTION
ECompileError in TPanel
CODE MESSAGE
Compilation Error: Undeclared identifier: 'Embedded'
Line: 4, Column 18
DETAILS CALL STACK
fx_client.exe=>FastScriptUtils.pas=>CompileScript=>52
fx_client.exe=>FastScriptUtils.pas=>CompileScript=>48
fx_client.exe=>StrategyProcessor.pas=>TStrategyProcessor.Compile=>236
fx_client.exe=>StrategyProcessor.pas=>TStrategyProcessor.Compile=>231
fx_client.exe=>StrategyProcessor.pas=>TStrategyProcessor.CompileFile=>227
fx_client.exe=>StrategyProcessor.pas=>TStrategyProcessor.CompileFile=>224
fx_client.exe=>EnabledStrategyList.pas=>TForm_EnabledStrategyList.AddStrategy=>93
fx_client.exe=>EnabledStrategyList.pas=>TForm_EnabledStrategyList.AddStrategy=>92
fx_client.exe=>EnabledStrategyList.pas=>TForm_EnabledStrategyList.Button_AddClick=>114
USER32.dll=>=>GetWindowLongW=>0
USER32.dll=>=>GetWindowLongW=>0
USER32.dll=>=>GetAppCompatFlags=>0
USER32.dll=>=>GetAppCompatFlags=>0
USER32.dll=>=>GetRawInputDeviceInfoW=>0
USER32.dll=>=>GetParent=>0
USER32.dll=>=>SendMessageW=>0
USER32.dll=>=>CallWindowProcW=>0
USER32.dll=>=>CallWindowProcW=>0
USER32.dll=>=>GetAppCompatFlags=>0
USER32.dll=>=>GetCapture=>0
USER32.dll=>=>GetCapture=>0
USER32.dll=>=>DispatchMessageW=>0
USER32.dll=>=>DispatchMessageW=>0
fx_client.exe=>Main.pas=>TForm_Main.Menu_EnabledStrategiesClick=>2999
kernel32.dll=>=>OpenEventW=>0
USER32.dll=>=>GetPropW=>0
USER32.dll=>=>GetPropW=>0
USER32.dll=>=>DispatchMessageW=>0
USER32.dll=>=>DispatchMessageW=>0
fx_client.exe=>Fx_Client.dpr=>=>399
kernel32.dll=>=>BaseThreadInitThunk=>0
Dear, users!
Please, NOTE that the indicator should be added and compiled in INDICATOR editor (not the Strategy editor)
Best Regards
ActFX support team
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Type: SCRIPT
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