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BMT SuperTrend 4 *
This is my own interpretation of the popular SuperTrend indicator.

It is a function and an indicator, so you can also easily use it to generate signals.

To get the desired Indicator effect and control over plot colors that I wanted, I made Plot1 and Plot2 a real plot so you could precisely control the RGB color. You need to mark these plots as invisible once you setup the indicator! I will provide a screen shot below as an example.

Plot3 is the real plot, and it will be colored based on if trend is up or down.

Discussion thread is here:
https://nexusfi.com/tradestation-easylanguage-programming/3347-easylanguage-supertrend-indicator.html

Mike


Category MultiCharts 
 
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Details: BMT SuperTrend
Category: MultiCharts 


March 26th, 2010
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Keywords: easylanguage multicharts supertrend
 


 
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