SuperTrend Polyfactor Oscillator

The SuperTrend Polyfactor Oscillator reads trend agreement from a battery of 20 SuperTrends, each running a different factor. The price-to-SuperTrend differences form a mesh of bars whose colors brighten as the set aligns, a composite oscillator approach that polls many instances at once instead of trusting one setting. A consensus line and a standard-deviation area complete the picture.

How to Trade the SuperTrend Polyfactor Oscillator?

• Brighter mesh colors: stronger agreement among the 20 SuperTrend signals, conviction across the whole factor set.
• Consensus line color: the median of the price-SuperTrend differences plots blue for a bullish inclination, orange for a bearish one, mapping overall bias and potential reversals.
• Red bars against a bullish consensus: an early flag of retracement within the trend, and a strategic point for forethought.
• Consensus above the StDev area: the market is likely trending rather than ranging, useful confirmation for trend-following approaches.

Two normalization modes keep outputs manageable: Absolute Sum rescales elements into a (1, -1) range using the absolute sum of price differences across the set, while Max-Min applies min-max scaling (excluding the StDev area) into (0, 1), convenient when comparing timeframes or feeding systematic models.

SuperTrend Polyfactor Oscillator Settings

• Length: the ATR length shared by every SuperTrend in the set.
• Starting Factor: the factor of the shortest-term SuperTrend.
• Increment: spacing between the factors of successive SuperTrends; higher values tilt the set toward long-term trends.
• Normalize: selects the normalization method that rescales the output.

Frequently Asked Questions

What does the consensus line represent?

How is this different from the SuperTrend Oscillator?

How can I get the SuperTrend Polyfactor Oscillator?