Recruitment of participants SuperTrend RK NT8

SuperTrend RK NT8



SuperTrend RK is a renko-optimized version of the SuperTrend Pro indicator.

In this variant, we eliminate the moving average options and only focus on the Close price in the calculation of the reference price. ninZaATR is also replaced by Tick as the unit of offset. Hence, the trend plot of SuperTrend RK perfectly match with the stair-step movements of ninZaRenko or KingRenko$ bars. This is an important adaptation of SuperTrend to special characteristics of renko bars, which improves its performance on ninZaRenko and KingRenko$.

Dedicated NinjaScript signals:
Signal_State: 1 = uptrend, -1 = downtrend