Super Trend

Hi,

Anyone have used SuperTrend Indicator.
If so let me know abt the Best fit parameter for the same.
Or kindly guide me with some more ideas abt SuperTrend.

Regards,
Mani.

_SECTION_BEGIN("Movint trand Surrogate");
mtOpen = LinearReg( Open, 20 ); // calculate moving trend from open
mtHigh = LinearReg( High, 20 ); // calculate moving trend from open
mtLow = LinearReg( Low, 20 ); // calculate moving trend from open
mtClose = LinearReg( Close, 20 ); // calculate moving trend from open
// plot surrogate chart
PlotOHLC( mtOpen, mtHigh, mtLow, mtClose, "Surrogate", colorBlack, styleCandle );


_SECTION_END();

This is the AFL code for super trend indicator.
Disclaimer: i am not following this indicator. i trade based upon automated software

Have a look

_SECTION_BEGIN("Movint trand Surrogate");
mtOpen = LinearReg( Open, 20 ); // calculate moving trend from open
mtHigh = LinearReg( High, 20 ); // calculate moving trend from open
mtLow = LinearReg( Low, 20 ); // calculate moving trend from open
mtClose = LinearReg( Close, 20 ); // calculate moving trend from open
// plot surrogate chart
PlotOHLC( mtOpen, mtHigh, mtLow, mtClose, "Surrogate", colorBlack, styleCandle );


_SECTION_END();

This is the AFL code for super trend indicator.
Disclaimer: i am not following this indicator. i trade based upon automated software

Have a look:thumb::thumb:

please check lower box of image below to see how super trend looks like

super trend is profitable.but for that u need a zero brokerage/tax trading account