Supertrend and MTF supertrend IDEA | Forex Factory

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Supertrend and MTF supertrend IDEA

  • #1
  • First Post: Mar 3, 2012 11:22pm Mar 3, 2012 11:22pm
here is a chart showing supertrend regular indi on 4 hour chart with MTF supertrend on the bottom set at 1440. Is this just a repainting disaster or am I on to something. Almost looks perfect

short s taken only when supertrend daily is down and Longs when daily is up
Attached Image (click to enlarge)
Click to Enlarge Name: fish.jpg Size: 208 KB
  • #2
  • Mar 4, 2012 2:25am Mar 4, 2012 2:25am
Hello Kara,

Supertrend is not repainting. I have a similar strategy.
But I don't know the MTF supertrend that you post on the bottom. Would you mind to post it?
  • #3
  • Mar 4, 2012 4:32am Mar 4, 2012 4:32am
Hiya,

Problem is that as the indicator in the bottom will recalculate up to 6 bars since it is set for the daily timeframe (1440) and not the 4H (240).

This is why it looks good.

Csabi
  • #4
  • Mar 4, 2012 9:49am Mar 4, 2012 9:49am
Quoting NonoRobots
Hello Kara,

Supertrend is not repainting. I have a similar strategy.
But I don't know the MTF supertrend that you post on the bottom. Would you mind to post it?
csabz90, even if you waited 6 bars it still would work good no? also seems to work well when you put 4 hour tf on the bottom bars for a 1 hour chart
Attached File(s)
File Type: ex4 #MTF_Supertrend.ex4   3 KB | 3,018 downloads
File Type: mq4 #MTF_Supertrend.mq4   3 KB | 3,675 downloads
  • #5
  • Mar 4, 2012 9:59am Mar 4, 2012 9:59am
Quoting NonoRobots
Hello Kara,

Supertrend is not repainting. I have a similar strategy.
But I don't know the MTF supertrend that you post on the bottom. Would you mind to post it?
care to share your strategy or pm me? there are two entry methods you could use on this one is andrew forex aggressive strategy and other is buy the book when the non lag dots change backa and forth
  • #6
  • Mar 4, 2012 10:08am Mar 4, 2012 10:08am
dear sirs what number would be used for wkly tf?

60 240 1440 _______________?
  • #7
  • Mar 4, 2012 10:47am Mar 4, 2012 10:47am
Quoting Kara696969
dear sirs what number would be used for wkly tf?

60 240 1440 _______________?
Weekly TF would be 10080
  • #8
  • Mar 4, 2012 10:55am Mar 4, 2012 10:55am
Kara,

Weekly: 10080
  • #9
  • Mar 4, 2012 11:22am Mar 4, 2012 11:22am
tnaks
  • #10
  • Mar 4, 2012 12:15pm Mar 4, 2012 12:15pm
Quoting Kara696969
here is a chart showing supertrend regular indi on 4 hour chart with MTF supertrend on the bottom set at 1440. Is this just a repainting disaster or am I on to something. Almost looks perfect

short s taken only when supertrend daily is down and Longs when daily is up
please post here all your indi and template
  • #11
  • Aug 18, 2018 10:00pm Aug 18, 2018 10:00pm
The indicator is not working. So, I was trying to compile this indicator in Metaeditor. But it is showing error in Line 67...... my programming knowledge is very limited ........ plz help

Adonis
  • #12
  • Last Post: Aug 19, 2018 10:14am Aug 19, 2018 10:14am
Just move the

return(0);

instruction on line 67 immediately after the

IndicatorShortName("MTF_Supertrend("+TimeFrameStr+")");

instruction.

Be careful, you need to have in the \Indicators folder also the indicator named "Supertrend" and mentioned at line 96 and 97. There are a lot of Supertrend indicators aroud here: it must be the one used by Kara696969, otherwise what you get is only a black subwindow.
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