OPEN-SOURCE SCRIPT

Supertrend A/D Breakout

Updated
Modified Hoffman A/D:
1. uses standard supertrend to determine up/down direction (previous version used ema crossover)
2. uses improved A/D candlestick patterns

I'm optimistic about this one
Release Notes
fixed up the candle detection
Release Notes
reset key support/resistance after a trend change
Release Notes
small update to the supertrend calculation to use high and low instead of hl2
accumulationbreakoutdistributionsupertrendTrend Analysis

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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