Detecting Trend Following Signals With the Orange Indicator

Creating a Trading Strategy Using the Orange Indicator and the SuperTrend

This article discusses a trend following strategy using two custom indicators that work in tandem to deliver a confirmed trading signal.

I have released a new book after the success of my previous one “Trend Following Strategies in Python”. It features advanced contrarian indicators and strategies with a GitHub page dedicated to the continuously updated code. If you feel that this interests you, feel free to visit the below Amazon link (which contains a sample), or if you prefer to buy the PDF version, you could check the link at the end of the article.

Contrarian Trading Strategies in Python

The Main Components of the Strategy

The strategy is composed of two indicators, the SuperTrend indicator, a new emerging way of following the trend using volatility measures, and the Orange indicator which is a simplified moving average that uses the highs and lows.