Volume Weighted SuperTrend | QuantumResearch

The Volume Adaptive Supertrend (VWST) is a dynamic trend-following tool that enhances traditional Supertrend calculations by incorporating volume-weighted market conditions.
This indicator adapts its trend signals based on volume-adjusted price action, allowing traders to refine their entries and exits with improved responsiveness. ๐๐
1. Key Features
- Volume-Weighted Adaptation: Uses various moving averages (VWMA, EMA, SMA, etc.) to adjust ATR bands based on market activity.
- Customizable Trend Sensitivity: Adjusts ATR multipliers separately for bullish and bearish conditions.
- Adaptive Supertrend Calculation: Dynamically recalculates trend direction based on volume-enhanced price movements.
- Multi-Timeframe Compatibility: Can be applied across different assets and timeframes for versatile market analysis.
- Visual Clarity & Alerts: Color-coded trend signals, shaded areas, and real-time alerts for trend shifts.
2. How It Works
A. Volume-Weighted Price Calculation
- The indicator applies a user-selected moving average (EMA, VWMA, SMA, etc.) to price and volume data
- This ensures that trend calculations are more reactive to strong volume surges and less influenced by low-liquidity fluctuations.
B. Adaptive ATR-Based Trend Filtering
- ATR bands are dynamically adjusted based on volume-weighted price action.
- Separate ATR multipliers for bullish and bearish conditions allow for refined sensitivity control.
- The Supertrend line shifts dynamically to reflect these conditions.
C. Signal Generation
- Bullish Trend: The price closes above the adaptive Supertrend line. โ
- Bearish Trend: The price closes below the adaptive Supertrend line. โ
- Long Entry: Triggered when trend direction switches from bearish to bullish.
- Short Entry: Triggered when trend direction switches from bullish to bearish.
3. Visual Representation
A. Color-Coded Trend Signals
- Green Trend Line: Indicates a bullish trend.
- Red Trend Line: Indicates a bearish trend.
- Gray Trend Line: Neutral phase.
B. Dynamic Background Fill
- Shaded Green Areas: Confirmed uptrend zones.
- Shaded Red Areas: Confirmed downtrend zones.
4. Customization & Parameters
- ATR Length & Multipliers: Adjust trend sensitivity with separate multipliers for bullish and bearish phases.
- Moving Average Type: Select from VWMA, EMA, SMA, HMA, WMA, DEMA, TEMA for volume-weighted calculations.
- Volume Length: Modify how far back volume data is used to refine trend calculations.
- Color Themes: Choose from 8 distinct color modes for clear visual representation.
5. Backtest & Market Applications
Backtest Summary:
The Volume Adaptive Supertrend (VWST) has been tested across multiple assets, including:
๐ Key Observations:
- Responsive Trend Detection: The volume-weighted adaptation helps minimize lag in trend shifts.
- Versatile Across Market Conditions: Works well in both trending and consolidating phases with appropriate settings.
- Customizable Risk Control: ATR multipliers can be adjusted to fine-tune signal sensitivity.
โ ๏ธ Disclaimer: This indicator is designed to complement existing analysis techniques. Market conditions vary, and no tool can guarantee future performance. Always use proper risk management when trading.
6. Final Thoughts
- The Volume Weighted Supertrend (VWST) enhances traditional Supertrend indicators by incorporating volume-adjusted trend detection.
- Its dynamic ATR-based trend filtering ensures greater responsiveness to real market conditions.
- Suitable for trend traders, breakout traders, and risk-conscious investors looking for volume-driven confirmations.
- Use it alongside other confluences to build a robust trading system.
- Important Reminder: No single indicator guarantees profitability. Always validate signals with additional market context. ๐
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Arahan penulis
Amaran: sila baca panduan kami untuk skrip jemputan sahaja sebelum memohon akses.
whop.com/quantum-whop/
โ๏ธ Get access to our toolbox here for free:
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All tools and content provided are for informational and educational purposes only.
Penafian
Skrip jemputan sahaja
Hanya pengguna yang diberikan kebenaran oleh penulis mempunyai akses kepada skrip ini dan ini selalunya memerlukan pembayaran. Anda boleh menambahkan skrip kepada kegemaran anda tetapi anda hanya boleh menggunakannya selepas meminta kebenaran dan mendapatkannya daripada penulis โ ketarhui lebih lanjut di sini. Untuk lebih butiran, ikuti arahan penulis di bawah atau hubungi QuantumResearch secara terus.
TradingView tidak menyarankan pembayaran untuk atau menggunakan skrip kecuali anda benar-benar mempercayai penulisnya dan memahami bagaimana ia berfungsi. Anda juga boleh mendapatkan alternatif sumber terbuka lain yang percuma dalam skrip komuniti kami.
Arahan penulis
Amaran: sila baca panduan kami untuk skrip jemputan sahaja sebelum memohon akses.
whop.com/quantum-whop/
โ๏ธ Get access to our toolbox here for free:
quantumresearchportfolio.carrd.co
All tools and content provided are for informational and educational purposes only.