SuperTrend TradingView Look-A-Like For ThinkOrSwim

[MerryDay]

Merry, Does SuperTrend repaint?

No, the Supertrend is not a "repainter"
For prior candles, the calculations used in Supertrends are set and final and do not repaint.

However, this study, like the majority of indicators on this forum, will continually update the current bar until it is closed.
Think about it, we can not know, as a candle is forming, what the final close, high, low, of the current bar is going to be, so of course, it updates with the most recent tick.

Find out more about Supertrends:
https://usethinkscript.com/threads/supertrend-indicator-by-mobius-for-thinkorswim.7/#post-77876

 

[xxentre]

Thanks a lot .. This is really helpful
Also is below code is correct way to setup a scan

# SuperTrend Yahoo Finance Replica - Modified from Modius SuperTrend
# Modified Modius ver. by RConner7
# Modified by Barbaros to replicate look from TradingView version
# v3.0

input AtrMult = 1.00;
input nATR = 6;
input AvgType = AverageType.HULL;
input PaintBars = no;
input ShowBubbles = no;

def ATR = ATR("length" = nATR, "average type" = AvgType);
def UP_Band_Basic = HL2 + (AtrMult * ATR);
def LW_Band_Basic = HL2 + (-AtrMult * ATR);
def UP_Band = if ((UP_Band_Basic < UP_Band[1]) or (close[1] > UP_Band[1])) then UP_Band_Basic else UP_Band[1];
def LW_Band = if ((LW_Band_Basic > LW_Band[1]) or (close[1] < LW_Band[1])) then LW_Band_Basic else LW_Band[1];

def ST = if ((ST[1] == UP_Band[1]) and (close < UP_Band)) then UP_Band
else if ((ST[1] == UP_Band[1]) and (close > Up_Band)) then LW_Band
else if ((ST[1] == LW_Band[1]) and (close > LW_Band)) then LW_Band
else if ((ST[1] == LW_Band) and (close < LW_Band)) then UP_Band
else LW_Band;

def Long = if close > ST then ST else Double.NaN;


def LongTrigger = isNaN(Long[1]) and !isNaN(Long);

plot LongDot = if LongTrigger then 1 else 0;

How do I have this Scan for the SuprerTrend on the next candle after the initial start of the SuperTrend?

 

[useThinkScript]

How do I have this Scan for the SuprerTrend on the next candle after the initial start of the SuperTrend?

# SuperTrend Yahoo Finance Replica - Modified from Modius SuperTrend
# Modified Modius ver. by RConner7
# Modified by Barbaros to replicate look from TradingView version
# v3.0

input AtrMult = 1.00;
input nATR = 6;
input AvgType = AverageType.HULL;
input PaintBars = no;
input ShowBubbles = no;

def ATR = ATR("length" = nATR, "average type" = AvgType);
def UP_Band_Basic = HL2 + (AtrMult * ATR);
def LW_Band_Basic = HL2 + (-AtrMult * ATR);
def UP_Band = if ((UP_Band_Basic < UP_Band[1]) or (close[1] > UP_Band[1])) then UP_Band_Basic else UP_Band[1];
def LW_Band = if ((LW_Band_Basic > LW_Band[1]) or (close[1] < LW_Band[1])) then LW_Band_Basic else LW_Band[1];

def ST = if ((ST[1] == UP_Band[1]) and (close < UP_Band)) then UP_Band
else if ((ST[1] == UP_Band[1]) and (close > Up_Band)) then LW_Band
else if ((ST[1] == LW_Band[1]) and (close > LW_Band)) then LW_Band
else if ((ST[1] == LW_Band) and (close < LW_Band)) then UP_Band
else LW_Band;

def Long = if close > ST then ST else Double.NaN;


def LongTrigger = isNaN(Long[2]) and !isNaN(Long[1]) and !isNaN(Long);

plot LongDot = if LongTrigger then 1 else 0;