OK...so I was able to test out the Heiken Ashi SuperTrend script you provided earlier...I have not seen this particular one yet so thank you for providing it here as it does come very useful for what I want to do next, however, it does not seem to follow the exact Heiken Ashi trend...Please refer to the pic...Perhaps I need to adjust the settings in order for the SuperTrend to read exactly as the Heikin Ashi...? I don't know.
I have seen scripts where actual Heiken Ashi candles appear and overlay the regular candles sticks...its not what I am looking for but am curious if somehow instead of just overlaying the regular candles with Heiken Ashi...the regular candles can just be painted in the Heikin Ashi trend instead. Any ideas on this would be helpful...
This is what I had in mind:
1. Heikin Ashi Trend on regular candlesticks by painting the bars.
2. Create an indicator as the one pictured below that allows you to run no more than 3 popular SuperTrends, such as the one you shared above, simultaneously.
This is what I was referring to in post #208 as something for you to keep in mind while you work on the MACD...FREMA...PPO indicator in that same format.
I figured I would post here to keep it relevant and to make it easy to find for others...Save @BenTen
the trouble of moving the thread.
There are so many SuperTrend type indicators out there just on this site alone...and I find that they still work slightly differently than others in their default settings...I actually wanted to see IF there is a way to do what I described in post #21...
In regards do time frames and SuperTrends...I am currently testing a SuperTrend code by Mobius that allowed for time aggregation...So in my case on a 5 min chart I set the SuperTrend to paint the candlesticks as if on a 15 min chart. The problem that I had was when the 15 min chart started to repaint the candle bar within the 15 min timespan 3 of the candlesticks on the 5 min time frame also repainted, naturally. This was a bit confusing to me as what was once thought of a "trend" quickly became a question of a pullback or a reversal.
I still find that original Heikin Ashi works the best as far as the trend goes...perhaps there are other SuperTrends that I have not seen yet...I know @tomsk
provided a script above that I've not seen yet...I reviewed it again and changed the setting from .7 to .4 and the candles resemble Heikin Ashi more...but I wasn't able to see if that script repaints a lot or not.
I would be very curious to see how something described in post #21 would play out...but with SuperTrends focusing on different aspects...such as price...Have you seen the Price Trend Indicator?