OPEN-SOURCE SCRIPT

SuperTrend + Dynamic Filter Alarm(DEMA Counter)

662
This script uses SuperTrend along with DMI(DI+>DI- & ADX over 20) with price movement above DEMA200. Upon set up, it also raises alarm when all these conditions are met. Also, there is a counter that counts the candles closed above DEMA200 before the signal is generated.
Paying attention to all price movements is utmost critical. Main driving indicator is SuperTrend which is very misleading during choppy price movements.

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