![]() Magnified Market Price added for instant check of current market price.Signals: The Non-Repaiting SuperTrend indicator gives a reversal signal when the bar closes on the other side of the stop line. ![]() This is particularly true if the ATR period is short. If you use the current bar’s ATR, the current bar’s breakout is partly measured against its own range. It calculates both the Median and the ATR (average true range) 1 bar ago, whereas the original SuperTrend indicator takes the ATR and moving average of the current bar.The (statistical) median is known to be more robust than any average. It uses a moving (statistical) median of the arithmetic mean (High + Low)/2 of the bars instead of a moving average.The Non Repainting SuperTrend Indicator is particularly stable and has a few advantages over the older version of SuperTrend indicators:
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