Using Multi-Timeframe SuperTrend Values as Pivot Levels

Summary

This indicator calls on SuperTrend calculations from multiple timeframes and plots pivot levels corresponding to each timeframe’s direction and current value. Its stated use is to view levels from higher timeframes alongside the active chart, providing a way to compare trend context across time horizons. The document does not specify the exact pivot calculation, configurable settings, or rules for entries and exits.

No examples, backtests, or performance results are included, so the description supports an interpretation aid rather than a validated trading method. The indicator depends on a separate original SuperTrend indicator being installed in the platform’s indicator directory. Users would need that dependency and should confirm how the plotted levels are derived before incorporating them into a strategy.

Key ideas

• The indicator plots SuperTrend-based pivot levels from multiple timeframes.
• The levels reflect each timeframe’s direction and current SuperTrend value.
• Its stated purpose is to make higher-timeframe levels visible on a chart.
• The description gives no entry rules, calculation details, or performance evidence.
• The original SuperTrend indicator is a required dependency.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.