I want to know when will zerodha add super trend indicator in pi software

General
2

I have no idea. But yeah why don't you borrow my Caps Lock?

7 Likes
3

I asked about the Supertrend formula in this forum, and someone helped me with that. Based on that data, I have managed to create a Supertrend EA in Tradescript, and using it in Pi. But I am still waiting for the day when Supertrend will be a new indicator in Zerodha Pi.

4

Thanks very much for the code

5

what exactly is a super trend ?

6

I COPIED AND PASTED THIS CODE…BUT AM ENCOUNTERING AN ERROR…" ENTER IN CORRECT FORMATE"…CAN ANY BODY HELP ME …WHAT TO PASTE IN BUY SCRIPT AND SELL SCRIPT.?

7

hi abhijit,

we need to paste the buy code in buy text boc and sell code in the sell, but where to paste the values which you have pasted at last?

thanx

regards

8

can you please post the Supertrend indicator code

9

This is the EA setup that I use for Supertrend:
SET A = TR()
SET B = SMA(REF(A,1),13)
SET C = (B13 + A)/14
SET ST1 = (HIGH + LOW)/2 + 3C
SET ST2 = (HIGH + LOW)/2 - 3*C
SET MA1 = EMA(CLOSE,10)
SET MA2 = SMA(CLOSE,50)
SET R = RSI(CLOSE,9)
SET ST = IF(TREND(CLOSE)=UP,ST1,ST2)
Buy signal: CLOSE>MA2 AND MA1>ST AND TREND(ST)=UP AND R<70
Sell signal: CLOSE<MA2 AND MA1<ST AND TREND(ST)=DOWN AND R>30
People can change some parameters according to their convenience. I use the ones that I found the most profitable in backtests( based on 15 min and 1 hour charts). Please also note that this EA gives trade signals a little late, not at the point of trend reversal. Use it only for FNO, not currency trading.

10

I modified this code, so I will paste the modified code here. For buy paste this: CLOSE>MA2 AND MA1>ST AND TREND(ST)=UP AND R<70 and for sell paste this:CLOSE<MA2 AND MA1<ST AND TREND(ST)=DOWN AND R>30. I did not get any errors in Pi. Please check if you pasted the correct code. I will paste the modified code soon.

11

Please use this Supertrend code:
SET A = 1
SET A = LOOP(A,1,1,0,ADD)
SET B = LOOP(ATR,A,1,1,MULTIPLY)
SET ATR = LOOP(B,TR(),0,0,ADD)/A
SET ATR14 = IF(A=14,ATR,0)
SET ST1 = (HIGH + LOW)/2 + 3ATR14
SET ST2 = (HIGH + LOW)/2 - 3ATR14
SET MA1 = EMA(CLOSE,10)
SET MA2 = SMA(CLOSE,50)
SET R = RSI(CLOSE,10)
SET ST = IF(TREND(CLOSE)=UP,ST1,ST2)
BUY: CLOSE>MA2 AND CLOSE>ST AND MA1>ST AND TREND(ST)=UP AND R<70
SELL: CLOSE<MA2 AND CLOSE<ST AND MA1<ST AND TREND(ST)=DOWN AND R>30

12

I TIRED DOING THIS BUT NOT WORKING BROTHER IS THERE IS another WAY OUT.