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J B Volatility Profit taker

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maximo View Drop Down
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Post Options Post Options   Quote maximo Quote  Post ReplyReply Direct Link To This Post Posted: 14 Jun 2008 at 4:08pm
No the signals are not the same.   SuperTrend allows for 3 different kinds of averages to be used SMA,WMA,EMA and 3 different base levels Close, Weighted Close, Median price and also an average of all 3 together.  Which one CMC chose to use is anyones guess.. and they wont give me the code! 
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Post Options Post Options   Quote jhubbard Quote  Post ReplyReply Direct Link To This Post Posted: 07 Feb 2011 at 11:10am
Hi Maximo,

Thanks for these indicators, they are great.  In fact, they seem almost too good to be true!  Are you sure that they don't "repaint" at all? 

Cheers,
Jeremy.
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maximo View Drop Down
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Post Options Post Options   Quote maximo Quote  Post ReplyReply Direct Link To This Post Posted: 07 Feb 2011 at 11:16pm
G'day Jeremy,
 
I've updated the code, more accurate and simplified, no repaint. 
 
 

[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);

{ Paint bars}

Flag:=input("PaintBars On=1, Off=0",0,0,1);

[linestyle=pricecolor; color=rgb(98,217,98)]

If(Trend=1 and Flag=1,1,if(Flag=0 and C>O,1,undefined));

[color=rgb(226,118,118)] {red}

If(Trend=-1 and Flag=1,1,if(Flag=0 and C<=O,1,undefined));



Edited by maximo - 09 Feb 2011 at 2:04am
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jhubbard View Drop Down
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Post Options Post Options   Quote jhubbard Quote  Post ReplyReply Direct Link To This Post Posted: 09 Feb 2011 at 1:10pm
Thanks Maximo, much appreciated.  I'm doing some backtesting at the moment - will let you know if I find anything worth while!

Cheers,
Jeremy.
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Post Options Post Options   Quote stevo Quote  Post ReplyReply Direct Link To This Post Posted: 10 Oct 2021 at 12:54am

Hi Ferret,

Hope your still here as the post I’m referring to is 14 years old.

The JB Entry indicator / Ferret Indicator is terrific.

Is it possible to add a line of code so that it only shows on the chart for 20 bars after the RSI has been lower than 30?

Just trying to clean up the chart by removing the line where it’s not wanted.

If Ferrets not around I hope someone else could help.

 

Cheers Ian

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Pokitren View Drop Down
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Post Options Post Options   Quote Pokitren Quote  Post ReplyReply Direct Link To This Post Posted: 02 Feb 2022 at 7:43pm
Originally posted by stevo

Hi Ferret,

Hope your still here as the post I’m referring to is 14 years old.

The JB Entry indicator / Ferret Indicator is terrific.

Is it possible to add a line of code so that it only shows on the chart for 20 bars after the RSI has been lower than 30?

Just trying to clean up the chart by removing the line where it’s not wanted.

If Ferrets not around I hope someone else could help.

 

Cheers Ian



Yeah) Hardly anyone will answer after 14 years. I'm interested in the question, too, though.


Edited by Pokitren - 02 Feb 2022 at 7:44pm
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rbbrain View Drop Down
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Post Options Post Options   Quote rbbrain Quote  Post ReplyReply Direct Link To This Post Posted: 25 Aug 2022 at 5:13pm
Hi Maximo,
Our BullCharts User Group is using a "private" Google Drive to store user group presentations and Custom Indicators and scans. I am hoping that you are happy for me to include your SuperTrend code in the Google Drive for other users to find easily?
Cheers
Robert B
Robert Brain (Brainy)
Convenor - Australian BullCharts User Group
Brainy's Share Market Toolbox and BullCharts Tips
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maximo View Drop Down
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Post Options Post Options   Quote maximo Quote  Post ReplyReply Direct Link To This Post Posted: 27 Aug 2022 at 3:32pm

Yes, that's fine Robert.


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