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 MT4 SuperTrend Indicator is particularly stable and has a few advantages over the older version of SuperTrend indicators:
It is a professionally written winning trading system that uses a proven, profitable trading strategy, that has all of the bugs ironed out, which will show you consistently profitable trades in every single time frame. NON-Repaint MT4 Indicator is a NON-Repainting indicator system that gives easy-to-use buy/sell signals.
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