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A combination of Supertrend and Moving Average to create a converging trade setup
Input parameters:
- signal mode: set it to true if you want to plug it into STAT (Signal Tester and Trader)
- arrow shift: distance between fast EMA line to arrow on chart
- turn on moving average signal for converging setup
- VWAP period
- MA period
- MA averaging method
- MA pricing method
- upper level limit (VWAP)
- lower level limit (VWAP)
You can find the best setting for 4 hour EURUSD on this video
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