OPEN-SOURCE SCRIPT

Stochastic SuperTrend [BigBeluga]

4 731
🔵 OVERVIEW
A hybrid momentum-trend tool that combines Stochastic RSI with SuperTrend logic to deliver clean directional signals based on momentum turns.

Stochastic SuperTrend [BigBeluga] is a straightforward yet powerful oscillator overlay designed to highlight turning points in momentum with high clarity. It overlays a SuperTrend-style envelope onto the Stochastic RSI, generating intuitive up/down signals when a momentum shift occurs across the neutral 50 level. Built for traders who appreciate simplicity without sacrificing reliability.

🔵 CONCEPTS
  • Stochastic RSI: Measures momentum by applying stochastic calculations to the RSI curve instead of raw price.
  • SuperTrend Bands: Dynamic upper/lower bands are drawn around the smoothed Stoch RSI line using a user-defined multiplier.
  • Momentum Direction: Trend flips when the smoothed Stoch RSI crosses above/below the calculated bands.
  • Neutral Bias Filter: Directional arrows only appear when momentum turns above or below the central 50 level—adding confluence.


🔵 FEATURES
  • Trend Detection on Oscillator: Applies SuperTrend logic directly to the Stoch RSI curve.
    istantanea
  • Clean Entry Signals:
    → 🢁 arrow printed when trend flips bullish below 50 (bottom reversals).
    → 🢃 arrow printed when trend flips bearish above 50 (top reversals).
    istantanea
  • Custom Multiplier: Adjust sensitivity of SuperTrend band spacing around the oscillator.
    istantanea
  • Neutral Zone Highlight: Visual zone between 0–50 (green) and 50–100 (red) for quick momentum polarity reference.
  • Toggle SuperTrend Line: Option to show/hide the SuperTrend trail on the Stoch RSI.


🔵 HOW TO USE
  • Use 🢁 signals for potential bottom reversals when momentum flips bullish from oversold regions.
  • Use 🢃 signals for potential top reversals when momentum flips bearish from overbought areas.
  • Combine with price-based SuperTrend or support/resistance zones for confluence.
  • Suitable for scalping, swing trading, or momentum filtering across all timeframes.


🔵 CONCLUSION
Stochastic SuperTrend [BigBeluga] is a simple yet refined tool that captures clean momentum shifts with directional clarity. Whether you're identifying reversals, filtering entries, or spotting exhaustion in a trend, this oscillator overlay delivers just what you need—no clutter, just clean momentum structure.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.