The Supertrend indicator as published in the July 2023 Technical Analysis of Stocks and Commodities article “Staying On Track With The Supertrend Indicator.” by Barbara Star, PhD.
User Submitted App Category: Indicators
Renko Reversal Bar Color | Strategy Builder Compatible
Update to the Reversal Bar Indicator. (Previously under TradeSimple Folder)
This is recommended to use with Renko style charts. (uni-renko, NinZaRenko, or any price based chart)
Simple Reversal is a basic Green -> Red for bearish, or Red -> Green for bullish.
- Colors green / red reversal bars in real time. User can choose different colors for each.
- Can set a Wick Offset to define how far below/above the wick needs to be. (Or chose simple for basic Green-> Red / Red -> Green)
- Option to highlight screen over the most recent reversal bar.
- Option for audio alert once a reversal bar closes. User selected audio file.
For original explanation video:
https://youtu.be/oj0ShJE1o9M
New update. Can now be used with Strategy Builder. (Hint: Use numeric value)
- Bullish pattern (Green Reversal bar): +1
- Bearish pattern (Red Reversal Bar): -1
For a video explanation on how to set up this indicator with Strategy Builder:
https://youtu.be/IqMJCp8N0-4
Attached Files