Non Repainting SuperTrend Alerts – Unlimited Version

Hi Dear Forex Wiki, Non Repainting SuperTrend Alerts Description : The Non Repainting SuperTrend is particularly stable and has a few advantages over older version of SuperTrend indicators: It uses a moving (statistical) median of the arithmetic mean (High + Low)/2 of the bars instead of a moving average. The (statistical) median is known to be more robust than any average. It calculates both the Median and the ATR (average true range) 1 bar ago, whereas the original SuperTrend indicator takes the ATR and moving average of the current bar. If you use the current bar’s ATR, the current bar’s […]