Blog : Pivot Point SuperTrend Indicator
Pivot Point SuperTrend
PPST (Pivot Point SuperTrend): The Pivot Point SuperTrend combines pivot points and the SuperTrend indicator to identify potential support and resistance levels and trend direction. Pivot points are calculated using the previous period's high, low, and close prices, while the SuperTrend uses ATR (Average True Range) and a multiplier to determine trend direction. This combination helps traders identify entry and exit points based on trend reversals and support/resistance levels.
| Pivot Point SuperTrend Inputs | |||
|---|---|---|---|
| Trend Following | Mean Reversion | ||
| Pivot Point Period | 2 | Pivot Point Period | 2 |
| ATR Factor | 3.0 | ATR Factor | 3.0 |
| ATR Period | 10 | ATR Period | 10 |
| Pivot Point SuperTrend | Long - Entry Trigger | Long - Exit Trigger | Short - Entry Trigger | Short - Exit Trigger |
|---|---|---|---|---|
| Trend Following | Up Trend Shift (Red to Green) | Down Trend Shift (Green to Red) | Down Trend Shift (Green to Red) | Up Trend Shift (Red to Green) |
| Mean Reversion | Down Trend Shift (Green to Red) | Up Trend Shift (Red to Green) | Up Trend Shift (Red to Green) | Down Trend Shift (Green to Red) |
| Pivot Point SuperTrend | Long - Entry Confluence | Long - Exit Confluence | Short - Entry Confluence | Short - Exit Confluence |
| Trend Following | Up Trending (Green) | Down Trending (Red) | Down Trending (Red) | Up Trending (Green) |
| Mean Reversion | Down Trending (Red) | Up Trending (Green) | Up Trending (Green) | Down Trending (Red) |