OPEN-SOURCE SCRIPT
Kalman Supertrend (High vs Low) Bands by Skyito V2
Inspired by BackQuant's Kalman Hull Supertrend, this upgraded version replaces the typical Kalman-close method with Kalman-filtered High and Low sources. This approach provides clearer trend visualization and helps confirm potential breakouts or reversals using clean, directional candle signals.
The core logic revolves around BB (Band Buy) and SS (Band Sell) signals:
BB appears only when a candle fully breaks above both Kalman High and Low bands.
SS appears when a candle fully breaks below both bands.
These clean triggers help avoid false signals and are excellent for capturing high-probability trend shifts.
✅ The Supertrend line is also included and can be toggled on or off — useful for those who prefer early trend detection or confirmation.
🆕 Why the SMA Band was Included
To complement the Kalman band system, a Moving Average Band (default: SMA 200) is added:
It helps detect the long-term trend direction.
Candles are colored green when above the SMA band and red when below.
This visual cue strengthens trend confidence and adds an extra layer for filtering trades.
The MA band and coloring can be turned on or off based on preference.
This tool is built for traders who want a clean trend-following and breakout confirmation system. It can be used as a standalone strategy or paired with price action, volume, or support/resistance tools.
The core logic revolves around BB (Band Buy) and SS (Band Sell) signals:
BB appears only when a candle fully breaks above both Kalman High and Low bands.
SS appears when a candle fully breaks below both bands.
These clean triggers help avoid false signals and are excellent for capturing high-probability trend shifts.
✅ The Supertrend line is also included and can be toggled on or off — useful for those who prefer early trend detection or confirmation.
🆕 Why the SMA Band was Included
To complement the Kalman band system, a Moving Average Band (default: SMA 200) is added:
It helps detect the long-term trend direction.
Candles are colored green when above the SMA band and red when below.
This visual cue strengthens trend confidence and adds an extra layer for filtering trades.
The MA band and coloring can be turned on or off based on preference.
This tool is built for traders who want a clean trend-following and breakout confirmation system. It can be used as a standalone strategy or paired with price action, volume, or support/resistance tools.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.