Supertrend Screener Panel

The Supertrend Screener Panel indicator allows users to monitor the Supertrend trend state of eight different securities simultaneously within a single panel. This tool is designed to provide a high-level overview of market sentiment across multiple tickers and timeframes, streamlining the process of identifying trend alignments or reversals.

Usage

The tool displays eight rows, each representing a selected ticker. The color of each row indicates the current Supertrend direction for that specific security:

• Green: Indicates a bullish Supertrend state.
• Red: Indicates a bearish Supertrend state.

By viewing multiple assets at once, traders can quickly identify sectors or groups of assets moving in tandem. The labels on the right side of the panel identify which ticker corresponds to each row. The indicator also includes built-in alert functionality that triggers when the Supertrend direction changes for any of the monitored symbols.

Details

This indicator utilizes the ta.supertrend function across multiple request.security calls to fetch data for the user-defined symbols and timeframes. The visual representation is constructed using area plots stacked vertically, creating a "panel" effect in a separate indicator pane.

Settings

• Factor: The multiplier used for the Supertrend calculation, affecting the distance of the trend line from the price.
• Period: The ATR length used to calculate the Supertrend volatility.
• Timeframe: The specific timeframe (e.g., Daily, 4h, 1h) from which the Supertrend data is pulled.
• Ticker 1 - 8: Input fields to specify the eight different symbols to be monitored in the panel.

FAQ

How do I use the Supertrend Screener Panel?

You can add the indicator to your chart and configure the symbols and timeframe in the settings menu to start monitoring multiple assets at once.

Can I monitor more than 8 tickers?

This specific version is limited to 8 tickers to maintain performance and visual clarity, but you can add multiple instances of the indicator to your chart if needed.

Where can I access this tool?

You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.