RealTest User Guide
RealTest User Guide

 

 

Navigation: Realtest Script Language > Syntax Element Details >

SuperTrend

 

 

 

 

Category

Indicator Functions

Description

Olivier Seban's SuperTrend indicator

Syntax

SuperTrend(len, mult)

Parameters

len - ATR lookback length

mult - ATR multiplier

Notes

SuperTrend is like a trailing stop above or below typical price.

Typical price (TP) is (H + L) / 2.

The trend line is TP +/- ATR(len) * mult.

When TP crosses above trend, trend flips to TP - ATR * mult.

When TP crosses below trend, trend flips to TP + ATR * mult.

Trend direction is therefore defined by whether TP is above or below trend.

ATR is calculated using Wilder's smoothing.

 

 

 

 

 

 

Copyright © 2020-2025 Systematic Solutions, LLC