PINE LIBRARY
SupportResitanceAndTrend
Library "SupportResitanceAndTrend"
Contains utilities for finding key levels of support, resistance and direction of trend.
superTrendPlus(multiple, h, l, atr, closeBars)
A more flexible version of SuperTrend that allows for supplying the series used and sensitivity adjustment by confirming close bars.
Parameters:
multiple: The multiple to apply to the average true range.
h: The high values.
l: The low values.
atr: The average true range values.
closeBars: The number of bars to confirm a change in trend.
Returns: [trend, up, dn, unconfirmed, warn, reversal]
superTrend(multiple, period, mode, closeBars)
superTrendPlus with simplified parameters.
Parameters:
multiple: The multiple to apply to the average true range.
period: The number of bars to measure.
mode: The type of moving average to use with the true range.
closeBars: The number of bars to confirm a change in trend.
Returns: [trend, up, dn, unconfirmed, warn, reversal]
superTrendCleaned(multiple, period, mode, closeBars, maxDeviation)
superTrendPlus with default compensation for extreme volatility.
Parameters:
multiple: The multiple to apply to the average true range.
period: The number of bars to measure.
mode: The type of moving average to use with the true range.
closeBars: The number of bars to confirm a change in trend.
maxDeviation: The optional standard deviation level to use when cleaning the series. The default is the value of the provided level.
Returns: [trend, up, dn, unconfirmed, warn, reversal]
stochSR()
Identifies support and resistance levels by when a stochastic RSI reverses.
Returns: [trend, up, dn, unconfirmed, warn, reversal]
stochAVWAP()
Identifies anchored VWAP levels by when a stochastic RSI reverses.
Returns: [loAVWAP, hiAVWAP, hiAVWAP_next, loAVWAP_next]
Contains utilities for finding key levels of support, resistance and direction of trend.
superTrendPlus(multiple, h, l, atr, closeBars)
A more flexible version of SuperTrend that allows for supplying the series used and sensitivity adjustment by confirming close bars.
Parameters:
multiple: The multiple to apply to the average true range.
h: The high values.
l: The low values.
atr: The average true range values.
closeBars: The number of bars to confirm a change in trend.
Returns: [trend, up, dn, unconfirmed, warn, reversal]
superTrend(multiple, period, mode, closeBars)
superTrendPlus with simplified parameters.
Parameters:
multiple: The multiple to apply to the average true range.
period: The number of bars to measure.
mode: The type of moving average to use with the true range.
closeBars: The number of bars to confirm a change in trend.
Returns: [trend, up, dn, unconfirmed, warn, reversal]
superTrendCleaned(multiple, period, mode, closeBars, maxDeviation)
superTrendPlus with default compensation for extreme volatility.
Parameters:
multiple: The multiple to apply to the average true range.
period: The number of bars to measure.
mode: The type of moving average to use with the true range.
closeBars: The number of bars to confirm a change in trend.
maxDeviation: The optional standard deviation level to use when cleaning the series. The default is the value of the provided level.
Returns: [trend, up, dn, unconfirmed, warn, reversal]
stochSR()
Identifies support and resistance levels by when a stochastic RSI reverses.
Returns: [trend, up, dn, unconfirmed, warn, reversal]
stochAVWAP()
Identifies anchored VWAP levels by when a stochastic RSI reverses.
Returns: [loAVWAP, hiAVWAP, hiAVWAP_next, loAVWAP_next]
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