OPEN-SOURCE SCRIPT
SuperTrend Lite
Classic SuperTrend overlay with trend-based coloring and BUY/SELL entry labels.
▲ BUY = SuperTrend flipped bullish (go long)
▼ SELL = SuperTrend flipped bearish (go short / exit)
Green fill = bullish zone. Red fill = bearish zone.
Fixed settings: ATR(10), multiplier 3.0 — the most commonly used SuperTrend parameters.
This is the Lite version. The Pro version adds:
• ATR Trailing Stop with ratchet mechanism — dynamic stop-loss that never moves against you
• Stop-hit & re-entry detection — know when your stop is taken and when to get back in
• Real-time info table (trend direction, stop distance %, ATR value)
• Phone push alerts — 4 alert conditions (entry, stop-hit, re-entry, trend change)
• Adjustable ATR periods, multipliers, line styles, display modes
• 2-bar confirmation filter to reduce whipsaws
→ Read the full review at theindicatorlab.com/reviews/supertrend-atr-trailing-stop/
▲ BUY = SuperTrend flipped bullish (go long)
▼ SELL = SuperTrend flipped bearish (go short / exit)
Green fill = bullish zone. Red fill = bearish zone.
Fixed settings: ATR(10), multiplier 3.0 — the most commonly used SuperTrend parameters.
This is the Lite version. The Pro version adds:
• ATR Trailing Stop with ratchet mechanism — dynamic stop-loss that never moves against you
• Stop-hit & re-entry detection — know when your stop is taken and when to get back in
• Real-time info table (trend direction, stop distance %, ATR value)
• Phone push alerts — 4 alert conditions (entry, stop-hit, re-entry, trend change)
• Adjustable ATR periods, multipliers, line styles, display modes
• 2-bar confirmation filter to reduce whipsaws
→ Read the full review at theindicatorlab.com/reviews/supertrend-atr-trailing-stop/
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.