mrtools wrote: Fri Jul 05, 2024 10:54 pm
Hello,
It is actually a stochastic that is using super trend like internal calculations, just dawned on me maybe I should have placed it in the stochastic section!

Anyway, got the idea from Mladen's rsi of super trend! Hope that helps.
ps) was just thinking maybe could use this super trend calculation on bunch of indicators kind of like the petr divergence.

Kind of have a drop down of indicators to choose.
Thank you to explaining this Mrtoolz because you know I like to ask and understand the beauty behind the madness hehehe......... its really good because it is allowing some traditional oscillators to have this extra calculation of a
supertrend with ATR and all!! Which gives much smooth less choppy jiggy jaggy lines like original Stochastics..... in my chart below........ you see??


As this is one takes inspiration from RSI of
Supertrend does it mean that the Stochastic of
Supertrend uses only two Stochastic parameters? Seeing as the RSI of
Supertrend uses a one single RSI parameter for calculation......... Right??
Stochastic vs Stochastic of
Supertrend: Using identical 14, 3, 3 for both indicators (14, 3 for Stochastic of
Supertrend) it is good because when Stochastic makes fake pullbacks the Stochastic of
Supertrend remains on top of the 80 level showing we are still in strong uptrend!!!


