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the white line looks like it jumps around similar to a POC (point of control) and the price bars as if they are colored red or green once they extend past a vwap standard deviation band...or maybe the vwap and POC are combined (averaged or weighted) because the line moves a little bit when price doesn't trade in its area. just guessing here, i'm no expert or programmer, lol.
Playing around with anaSuperTrend and some SuperTrend strategies here in this forum, I have noticed that some of these anaSuperTrend versions are a bit different in the plotting and arrow trend signaling.
Would someone be able to tell me the differences …
from the library here:
If those are NOT close enough, use them as a descriptive starting point to explain how they are the same and different from what you might be looking for. Point is just asking and hoping that someone else finds or creates, does not win a great deal of interest in the nexusfi.com (formerly BMT) community.
Begging a guy with whom you do not have any rapport is also a non-starter in most cases. Two other suggestions would be show the effort that you are taking to solve your own issue and consider joining the community as an elite member.
@paruchuriphani: The white line indicator looks like a Chandelier Stop, which is switched off, when volatility drops beyond a selected limit. In that case it plots a horizontal line.
I cannot easily reproduce it, also I do not have a data feed for the Nifty Magic.