Welles Wilder Super Trend

   Hi,
Can anyone help with some issues I am having with Super Trend indicators?  

I am using the indicator to trade long only in SMSF.  I only want to take signals when price is trading above the indicator.  None of my indicators with my criteria work when i include the code line:
c>Formula("Super Trend Wilders", 3, 30, Wilders, 2).

I have copied this formula I presume off here somewhere as below:

{==== BullScript ====}

[Description="SuperTrend - Max"]
[target=price]
Mult:=Input("ATR Multiplier",3,1);
Nb:=Input("Nb Periods",8,1);
method:=inputma("Method",Wilders);
price:=Input("1=Median, 2=Close",1,1);
TruRan:=ma(ATR(1),Nb,method)*Mult;
HiLimit:=if(price=1,(H+L)/2-TruRan,C-TruRan);
LoLimit:=if(price=1,(H+L)/2+TruRan,C+TruRan);
LB:=If(HiLimit>=PREV and HiLimit<C,HiLimit,If(C<PREV,HiLimit-0.1,PREV));
UB:=If(LoLimit<PREV and LoLimit>C,LoLimit,If(C>PREV,LoLimit+0.1,PREV));
Trend:=if(UB>ref(UB,-1),1,if(LB<ref(LB,-1),-1,prev));
[drawundefined=gap]
[Color=lime green]
if(Trend=1 and hist(Trend,1)=-1,LB,if(Trend=-1,UB,undefined));
[Color=red]
if(Trend=-1 ,UB,if(hist(Trend,1)=1 ,LB,undefined));
[Color=lime green]
if(Trend=1 or Trend=0,LB,undefined);

When I display the Super Trend indicator in a pane all of its own so it should show "0" when price below indicator and "1" when above.  It only shows "1" when price crosses above when it immediately does not each day that it is true.

Appreciate any help.

Thanks
Dean

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meldeans Members Profile Send Private Message Find Members Posts Add to Buddy List Newbie Joined: 13 Feb 2009 Posts: 8	Post Options Post Reply Quote meldeans Report Post Quote Reply Topic: Welles Wilder Super Trend Posted: 26 Nov 2020 at 3:48pm
	Hi, Can anyone help with some issues I am having with Super Trend indicators? I am using the indicator to trade long only in SMSF. I only want to take signals when price is trading above the indicator. None of my indicators with my criteria work when i include the code line: c>Formula("Super Trend Wilders", 3, 30, Wilders, 2). I have copied this formula I presume off here somewhere as below: {==== BullScript ====} [Description="SuperTrend - Max"] [target=price] Mult:=Input("ATR Multiplier",3,1); Nb:=Input("Nb Periods",8,1); method:=inputma("Method",Wilders); price:=Input("1=Median, 2=Close",1,1); TruRan:=ma(ATR(1),Nb,method)*Mult; HiLimit:=if(price=1,(H+L)/2-TruRan,C-TruRan); LoLimit:=if(price=1,(H+L)/2+TruRan,C+TruRan); LB:=If(HiLimit>=PREV and HiLimit<C,HiLimit,If(C<PREV,HiLimit-0.1,PREV)); UB:=If(LoLimit<PREV and LoLimit>C,LoLimit,If(C>PREV,LoLimit+0.1,PREV)); Trend:=if(UB>ref(UB,-1),1,if(LB<ref(LB,-1),-1,prev)); [drawundefined=gap] [Color=lime green] if(Trend=1 and hist(Trend,1)=-1,LB,if(Trend=-1,UB,undefined)); [Color=red] if(Trend=-1 ,UB,if(hist(Trend,1)=1 ,LB,undefined)); [Color=lime green] if(Trend=1 or Trend=0,LB,undefined); When I display the Super Trend indicator in a pane all of its own so it should show "0" when price below indicator and "1" when above. It only shows "1" when price crosses above when it immediately does not each day that it is true. Appreciate any help. Thanks Dean

maximo Members Profile Send Private Message Find Members Posts Add to Buddy List BullCharts Guru Joined: 02 Sep 2006 Location: Australia Posts: 232	Post Options Post Reply Quote maximo Report Post Quote Reply Posted: 04 Dec 2020 at 2:12am
	Edited by maximo - 06 Dec 2020 at 11:20pm

maximo Members Profile Send Private Message Find Members Posts Add to Buddy List BullCharts Guru Joined: 02 Sep 2006 Location: Australia Posts: 232	Post Options Post Reply Quote maximo Report Post Quote Reply Posted: 04 Dec 2020 at 4:24am
	It probably doesn't constantly show a 1 or 0 due to the 'undefined' output for changing the line colours. This similar indicator is easier to adapt. The last line should provide the digital output you're looking for. { Stop Trail ATR } [Target=price] atrper :=Input("ATR period: ",14); atrfact:=Input("ATR multiplier: ",2); loss:=atrfact*ATR(atrper); trail:= If(C>PREV and Ref(C,-1)>PREV, Max(PREV,C-loss), If(C<PREV and Ref(C,-1)<PREV, Min(PREV,C+loss), If(C>PREV, C-loss, C+loss))); Trail; { digital signal: if close is above previous value it's in buy(1) else it's in sell(0) } direction := if(close>prev,1,0); Edited by maximo - 06 Dec 2020 at 11:19pm

meldeans Members Profile Send Private Message Find Members Posts Add to Buddy List Newbie Joined: 13 Feb 2009 Posts: 8	Post Options Post Reply Quote meldeans Report Post Quote Reply Posted: 09 Dec 2020 at 2:02pm
	Sorry for the delay response - thought i had email notification set on my post but didn't. Thanks Maximo - works a treat. Really appreciate it.