Good day,
Please can you help me with this conversion. I found it online a little while back.
All credits to the original developer. Have no screen shots at the moment or description.
Regards,
Segie
I added a picture to your post. By looking at the code, the indicator is pretty similar to a Supertrend but based on fixed steps with pips/points instead of multiple of ATR. The arrows plotted on the price chart are the reversal of this “supertrend”. It should not be so difficult to translate it. Will add it to the library once I made it.
Done. I added an option to show the stop line or not in the code. I will add it in the Library later.
Indicator uploaded to the Library: Stop Reversal indicator
Great. Thank you!
In terms of Supertrends. Is it possible to programme the settings of the 4 hour chart to appear on the 1 hour?
For example if one uses Supertrends (2 10) and ( 3 10) on the 4 hour, how can I find the equivalent settings to appear on the 1 hour chart. i.e The 1 hour and 4 hour supertrends should look the same.
Regards,
Segie