Attachments forums

List of attachments posted on this forum.


All files on forums: 154056

Re: Supertrend indicators for MT4

kvak, Mon May 20, 2024 3:40 am

PMax (Profit Maximizer) SuperTrend with MA Filters + AHTF MTF + Price Options

Super trend mod as request from HERE

The PMax was published in 2020 by TradingView author KivancOzbilgic which was essentially designed to mitigate spurious signals caused by sideways price action. The PMax does this by combining:
  • SuperTrend
  • Modified Trailing Stop Loss
  • Ability to use a Normalized (overbought/oversold levels) ATR
The author of this code explained that during backtesting this code produced far better signals than the original SuperTrend and is therefore a superior indicator for trend trading.
All files in topic