TUX EMA Scalper+SuperTrendI sum up scripts TUX Ema Scalper by tux and Supertrend by abhi.shri2702
This script is just created for backtesting xbtusd.
Buy / Sell signal : Tux Ema Scalper mechanism ( ema 20 : up /down)
Green Arrow : Long
Pink Arrow : Short
Thank you for creators.
Cari dalam skrip untuk "supertrend"
Supertrend Long/Short with 1.5R Checkmarks & Adjustable RSISupertrend long/short entries
EMA trend filters (21 ≥ 50 ≥ 200 for longs, 21 ≤ 50 ≤ 200 for shorts)
Adjustable RSI filter
Max capital per trade filter
Position sizing
1.5x risk/reward targets
Labels for entries
Alerts for trades
✅ Check mark when a trade hits 1.5R before hitting the stop
SuperTrendSAP1212This indicator combines Supertrend, VWAP with bands, and an optional RSI filter to generate Buy/Sell signals.
How it works
Supertrend Flip (ATR-based): Detects when trend direction changes (from bearish to bullish, or bullish to bearish).
VWAP Band Filter: Signals only trigger if the candle close is beyond the VWAP bands:
Buy = Supertrend flips up AND close > VWAP Upper Band
Sell = Supertrend flips down AND close < VWAP Lower Band
Optional RSI Filter:
Buy requires RSI < 20
Sell requires RSI > 80
Can be enabled/disabled in settings.
Features
Choice of VWAP band calculation mode: Standard Deviation or ATR.
Adjustable ATR/StDev length and multiplier for VWAP bands.
Toggle Supertrend, VWAP lines, and Buy/Sell labels.
Alerts included: add alerts on BUY or SELL conditions (use Once Per Bar Close to avoid intrabar signals).
Use
Works best on intraday or higher timeframes where VWAP is relevant.
Use the RSI filter for more selective signals.
Can be combined with your own stop-loss and risk management rules.
⚠️ Disclaimer: This script is for educational and research purposes only. It is not financial advice. Always test thoroughly and trade at your own risk.
Supertrend0913This Pine Script (`@version=6`) combines **two Supertrend indicators** and a set of **moving averages (EMA & MA)** into one overlay chart tool for TradingView.
**Key features:**
* **Supertrend \ & \ :**
* Each has independent ATR period, multiplier, and ATR calculation method.
* Plots trend lines (green/red for \ , blue/yellow for \ ).
* Generates **buy/sell signals** when trend direction changes.
* Includes **alert conditions** for buy, sell, and trend reversals.
* **Moving Averages:**
* 6 EMAs (lengths 21, 55, 100, 200, 300, 400).
* 5 SMAs (lengths 11, 23, 25, 39, 200).
* Each plotted in different colors for trend visualization.
👉 In short: it’s a **combined trading tool** that overlays two configurable Supertrend systems with alerts plus multiple EMAs/SMAs to help identify trend direction, signals, and potential entry/exit points.
Supertrend3n1it combines the 3 super trend indicator values to save space for more indicators in the chart , and it works perfectly with the stochastic RSI indicator
SuperTrend++@version = 4
@Release: TradersVenue TrendFollower
SuperTrend Study Alert
@Author: Prasuna.Barik (@TradersVenue)
It internally uses SuperTrend logic. It can be used for TrendFollowing trading and also as a TrailingSL indicator. Internally it takes the ATR value for the no of periods mentioned and uses the multiplier to derive the ATROffset. And if the stock is making higher high and trading above the Long TSL then it considers bullish else bearish . Accordingly it generates buy/sell signal.
Main difference between the standard supertrend indicator and this supertrend indicator is as follows:
1. This indicator dynamically changes the ATR period and multiplier basis the timeframe selected for optimal results against NSE/BSE stocks or indexes.
Indicator has been tested across almost all scripts and has done fairly well in backtesting for liquid stocks. Generates buy/sell alerts too.
2. If you want to use your own input parameters then you can provide it from front end and use option "Force Above Input Settings?"
3. Added background color for easy trend recognition (Green = Bullish | Red = Bearish . You may enable/disable it using the settings option "Change BGColor Basis Trend?".
4. You may use 'USE Multi-Color Bullish Candle?' setting where it changes candle color basis trend. It changes color as per below logic.
Green - Strong Above SuperTrend and Blue - Weak Below SuperTrend
Orange - Weak Bear Candle and Red - Strong Bear Candle
5. Also it displays quantity basis the 90% of initial capital (50k) dividing with highest high of previous day/week depending on intraday or positional
Supertrend with Correct Y-axis Scaling OLEG_SLSThe functionality of the script:
1. Supertrend Calculation:
-The trend (Supertrend line) is updated dynamically:
-If the price is above the previous trend, the line follows the upper limit.
-If the price is lower, the line follows the lower boundary.
2. Calculation of the Supertrend for the higher timeframe:
-The function is used to calculate the Supertrend for the hourly, regardless of the current timeframe on the chart.
3. Buy and Sell Signals:
-Buy signal: When the price crosses the Supertrend line up and is above the Supertrend line.
-A sales signal: When the price crosses the Supertrend line down and is below the Supertrend line.
4. Display on the chart
-The Supertrend line is displayed:
-Green if the price is above the Supertrend line.
-Red if the price is below the Supertrend line.
-The Supertrend line for the hourly timeframe is displayed in blue.
5. Alerts
Two types of alerts are created:
-Buy Alert: When there is a buy signal.
-Sell Alert: When there is a sell signal.
Features and recommendations:
-Supertrend works best in trending markets. In a sideways movement, it can give false signals.
-Check the signals on multiple timeframes for confirmation.
-Add additional indicators (for example, RSI or MACD) to filter the signals.
-Test the strategy on historical data before using it in real trading.
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Функционал скрипта:
1. Расчет Supertrend:
-Тренд (линия Supertrend) обновляется динамически:
-Если цена выше предыдущего тренда, линия следует за верхней границей.
-Если цена ниже, линия следует за нижней границей.
2. Расчет Supertrend для старшего таймфрейма:
-Используется функция чтобы рассчитать Supertrend для часового,независимо от текущего таймфрейма на графике.
3. Сигналы покупки и продажи:
-Сигнал покупки: Когда цена пересекает линию Supertrend вверх и находится выше линии Supertrend.
-Сигнал продажи: Когда цена пересекает линию Supertrend вниз и находится ниже линии Supertrend.
4. Отображение на графике
-Линия Supertrend отображается:
-Зеленым, если цена выше линии Supertrend.
-Красным, если цена ниже линии Supertrend.
-Линия Supertrend для часового таймфрейма отображается синим цветом.
5. Оповещения
Создаются два типа оповещений:
-Buy Alert: Когда возникает сигнал на покупку.
-Sell Alert: Когда возникает сигнал на продажу.
Особенности и рекомендации:
-Supertrend лучше всего работает в трендовых рынках. В боковом движении может давать ложные сигналы.
-Проверяйте сигналы на нескольких таймфреймах для подтверждения.
-Добавьте дополнительные индикаторы (например, RSI или MACD) для фильтрации сигналов.
-Тестируйте стратегию на исторических данных перед использованием в реальной торговле.
Supertrend X2 + CalcSize Calculator:
Size Calculator is a risk management tool that helps traders position themselves intelligently by calculating optimal position size, stop loss, and take profit levels based on account capital, ATR volatility, and personal risk tolerance. It takes the guesswork out of sizing so you can focus on execution.
Features:
✅ Risk-based position sizing
✅ ATR-based stop loss & take profit levels
✅ Dynamic leverage estimation
✅ Support for long and short positions
✅ Visual display of key levels and metrics via table
✅ Works across any timeframe with locked timeframe support
How It Works:
This tool computes the ideal position size as a % of account capital based on how much you're willing to risk per trade and how far your stop loss is (in ATR units). It calculates corresponding stop loss and take profit prices, and visually plots them along with a floating table of metrics. You can lock the timeframe used for ATR and price, keeping your risk logic stable even when changing chart views.
Customizable Inputs:
Account capital and risk tolerance
ATR-based stop loss & take profit multiples
Trade direction (Long or Short)
ATR period and locked timeframe
Optional detailed metrics display
Dual SuperTrend:
The Dual Supertrend indicator enhances the classic Supertrend strategy by layering two customizable Supertrend signals with independent ATR settings. This setup gives you a deeper, more nuanced read on trend strength and potential entry zones.
Features:
✅ Two Supertrend lines (each with adjustable ATR periods and multipliers)
✅ Optional Heikin Ashi candle smoothing for noise reduction
✅ Color-coded trend background for fast visual analysis
✅ Multi-timeframe trend table overlay (customizable)
✅ Built-in signal logic to identify "Long", "Short", or "N/A" zones
✅ Built-in alerts from Long and Short Entry Zones
How It Works:
The script calculates two Supertrend levels using separate ATR settings. Trend direction is derived from the relationship between price and each band. When the larger (slower) Supertrend flips and the smaller (faster) confirms, it signals a potential entry. The multi-timeframe table helps you align trades across different timeframes.
Customizable Inputs:
ATR Periods & Multipliers for both Supertrends
Timeframes for entry zone detection (up to 4)
Enable/disable Heikin Ashi candles for smoother trend detection
Supertrend with Extreme SignalsOriginality and Usefulness
The "Supertrend with Extreme Signals" indicator is an innovative tool I've developed to combine the strengths of the Supertrend indicator with the RSI (Relative Strength Index). This combination enhances the accuracy of entry and exit signals, making it more useful for traders looking to gain a comprehensive understanding of market conditions.
Justification for Mashup:
Supertrend: This is a trend-following indicator that identifies the current market trend and potential reversal points by adjusting dynamically based on market volatility.
RSI: A momentum oscillator that measures the speed and change of price movements. It helps pinpoint overbought and oversold conditions, adding an extra layer of confirmation to trend signals.
By merging these two indicators, the script filters out false signals and improves the precision of trade entries and exits. The Supertrend identifies the trend direction, while the RSI confirms the strength and potential reversals within that trend.
Description
Overview
The "Supertrend with Extreme Signals" indicator is a powerful hybrid tool that brings together the trend-following capability of the Supertrend and the momentum analysis of RSI. This integration provides clear buy and sell signals, helping traders make more informed decisions.
What It Does
Trend Identification: Utilizes the Supertrend to determine the prevailing market trend.
Signal Confirmation: Uses RSI to confirm signals by identifying overbought and oversold conditions.
Buy and Sell Signals: Generates buy signals when the price crosses above the Supertrend line and RSI indicates oversold conditions. Generates sell signals when the price crosses below the Supertrend line and RSI indicates overbought conditions.
How It Works
Supertrend Calculation:
Calculates the Average True Range (ATR) to assess market volatility.
Computes upper and lower levels based on the mid-price and ATR.
Determines trend direction by smoothing these levels over a specified period.
Dynamically adjusts the Supertrend value based on market conditions.
RSI Calculation:
Calculates the RSI over a defined period to measure price momentum.
Uses RSI levels to identify overbought (above 70) and oversold (below 30) conditions.
Signal Generation:
Buy Signal: Triggered when the price crosses above the Supertrend line and RSI is below the oversold threshold.
Sell Signal: Triggered when the price crosses below the Supertrend line and RSI is above the overbought threshold.
How to Use It
Trend Following: Use the Supertrend color to identify the current trend (green for uptrend, red for downtrend).
Entry Signals: Look for buy signals (green label) when the price crosses above the Supertrend line and RSI is in the oversold zone.
Exit Signals: Look for sell signals (red label) when the price crosses below the Supertrend line and RSI is in the overbought zone.
Visual Confirmation: The background color changes based on the trend direction, providing a quick visual cue for the current market state.
This script is especially useful for traders who combine trend-following strategies with momentum indicators. It helps filter out false signals and provides a robust framework for identifying profitable trading opportunities.
Concepts Underlying Calculations
ATR (Average True Range): Measures market volatility by calculating the average range of price movements over a specified period.
Supertrend: A trend-following indicator that adjusts dynamically based on market volatility.
RSI (Relative Strength Index): A momentum oscillator that measures the speed and change of price movements, helping to identify overbought and oversold conditions.
By combining these concepts, the "Supertrend with Extreme Signals" indicator offers a balanced approach to trading. It considers both trend direction and market momentum, making it a powerful tool for improving trading performance through informed market analysis.
Supertrend Dual Timeframe Signals (QuantZee)This indicator generates precise Buy & Sell signals by combining the Supertrend trend direction from two selectable timeframes — a higher timeframe for primary trend bias and a lower timeframe for confirmation.
A trade signal is triggered only when both timeframes align in the same direction:
BUY Signal → Both higher and lower timeframe Supertrends are bullish.
SELL Signal → Both higher and lower timeframe Supertrends are bearish.
In addition, the script plots the Stop-Loss (SL) line from the higher timeframe Supertrend, helping traders manage risk effectively.
The SL line automatically changes color:
Green in bullish trend
Red in bearish trend
Key Features:
Custom Timeframe Selection: Choose any combination of higher & lower timeframes from the Inputs menu.
No Repainting: Signals are confirmed only after the higher timeframe bar closes.
Visual SL Reference: Higher timeframe Supertrend line for clear stop-loss guidance.
Clean Chart: Only key buy/sell labels and SL line are displayed — no clutter.
Alerts Ready: Set alerts for Buy/Sell signals directly from the TradingView alerts menu.
Usage Tips:
Recommended to keep chart on a lower timeframe (e.g., 15m, 30m, 1H) for better entry precision while higher TF confirms the trend.
Adjust ATR period and multiplier in settings to fit your instrument’s volatility.
Works on all assets — stocks, forex, crypto, indices, and commodities.
Website: quantzee.com
Subscribe: quantzee.com/contact/
Supertrend Channel Histogram OscillatorThis histogram is based on the script "Supertrend Channels "
The idea of the indicator is to visually represent the interaction of price with several different supertrend channels of various lengths in an oscillator in order to make it much more clear to the trader how the longer trends are interacting with shorter trends of the price movement of an asset. I got this idea from the "Kurutoga Cloud" and "Kurutoga Histogram" by D7R which is based on the centerlines of 3 Donchian Channels, however after I started using the Supertrend Channel by LuxAlgo I found that it was a more reliable price range channel than a standard Donchian Channel and I made this indicator to accompany it.
This indicator plots a positive value above 0 when the price is above the centerline of the supertrend channel and a negative value below 0 when the price is below the centerline.
The first supertrend's length and multiple can be adjusted in the settings.
The given supertrend input is then doubled and quadrupled in both length and multiplication so that a supertrend histogram with the values of 3, 3 will be accompanied by 2 additional supertrend histograms with the values of 6, 6 and 12, 12.
The larger price trend histograms are clearly visible behind the short term supertrend channel's histogram, giving traders a balanced view of short and long term trends interacting. The less visible columns of the larger trend remain above or below the 0 line behind the more visible short term channel trend, helping to spot pullbacks within a larger trend.
Additionally, when the 3 separate histograms are all positive or all negative but the histogram columns are separating from each other this can indicate a potential trend exhaustion leading to reversal or pullback about to happen.
The overbought and oversold lines at 50 and -50 are representative primarily of the short term trend with above 50 or below -50 indicating that the price is pushing the boundary and potentially beginning a new short term supertrend in the opposite direction. If values do not noticably exceed these levels, then the current short term trend movement can be viewed as a pullback within a larger trend, with continuation potentially to follow.
I have had troubles converting the original code to v6 so this will be published here in v5 of pinescript to be used in conjunction with the original. I was intending to create a companion indicator for this oscillator that represents 3 supertrends with corresponding 2x and 4x calculations based on LuxAlgo's script, but I can't seem to get it to work correctly in v5.
For best visualization of the trends 3 LuxAlgo Supertrend channels with 2x and 4x values should be used in conjunction with each other to fully visualize the histogram.
Used in conjunction with other indicators this can be a very effective strategy to capture larger trend moves and pullbacks within trends, as well as warn of potential price trend exhaustion.
SuperTrend (5,1,5) By satish SWhy 3 Supertrends?
Short-term Supertrend (7, 1, 3) → reacts quickly, catches early trend changes but can give more false signals.
Medium-term Supertrend (14, 1, 2) → smoother, filters out noise.
Long-term Supertrend (21, 1, 3) → confirms major trend direction, fewer whipsaws.
How it Works
Trend Reversal Detection
If all three flip in the same direction → strong confirmation of trend change.
If only the short-term flips but others don’t → possible false signal, wait for confirmation.
Entry Signal Example
Buy when all three turn green (Supertrend below price).
Sell/short when all three turn red (Supertrend above price).
Exit / Partial Profit
Exit when the shortest one (7, 1, 3) flips against your position — protects profits in choppy markets.
TradingView Setup
You can do this by:
Adding Supertrend three times.
Setting their (Period, Multiplier, ATR Type) to:
ST1: 7, 1, 3
ST2: 14, 1, 2
ST3: 21, 1, 3
Use different colors or line styles for each so you can spot alignment quickly.
SuperTrend (5,1,5) BY Satish SWhy 3 Supertrends?
Short-term Supertrend (7, 1, 3) → reacts quickly, catches early trend changes but can give more false signals.
Medium-term Supertrend (14, 1, 2) → smoother, filters out noise.
Long-term Supertrend (21, 1, 3) → confirms major trend direction, fewer whipsaws.
How it Works
Trend Reversal Detection
If all three flip in the same direction → strong confirmation of trend change.
If only the short-term flips but others don’t → possible false signal, wait for confirmation.
Entry Signal Example
Buy when all three turn green (Supertrend below price).
Sell/short when all three turn red (Supertrend above price).
Exit / Partial Profit
Exit when the shortest one (7, 1, 3) flips against your position — protects profits in choppy markets.
TradingView Setup
You can do this by:
Adding Supertrend three times.
Setting their (Period, Multiplier, ATR Type) to:
ST1: 7, 1, 3
ST2: 14, 1, 2
ST3: 21, 1, 3
Use different colors or line styles for each so you can spot alignment quickly.
SuperTrend with 3 Inputs SatishWhy 3 Supertrends?
Short-term Supertrend (7, 1, 3) → reacts quickly, catches early trend changes but can give more false signals.
Medium-term Supertrend (14, 1, 2) → smoother, filters out noise.
Long-term Supertrend (21, 1, 3) → confirms major trend direction, fewer whipsaws.
How it Works
Trend Reversal Detection
If all three flip in the same direction → strong confirmation of trend change.
If only the short-term flips but others don’t → possible false signal, wait for confirmation.
Entry Signal Example
Buy when all three turn green (Supertrend below price).
Sell/short when all three turn red (Supertrend above price).
Exit / Partial Profit
Exit when the shortest one (7, 1, 3) flips against your position — protects profits in choppy markets.
TradingView Setup
You can do this by:
Adding Supertrend three times.
Setting their (Period, Multiplier, ATR Type) to:
ST1: 7, 1, 3
ST2: 14, 1, 2
ST3: 21, 1, 3
Use different colors or line styles for each so you can spot alignment quickly.
Supertrend + MACD Trend Change with AlertsDetailed Guide
1. Indicator Overview
Purpose:
This script combines the Supertrend and MACD indicators to help you detect potential trend changes. It plots a Supertrend line (green for bullish, red for bearish) and marks the chart with shapes when a trend reversal is signaled by both indicators. In addition, it includes alert conditions so that you can be notified when a potential trend change occurs.
How It Works:
Supertrend: Uses the Average True Range (ATR) to determine dynamic support and resistance levels. When the price crosses these levels, it signals a possible change in trend.
MACD: Focuses on the crossover between the MACD line and the signal line. A bullish crossover (MACD line crossing above the signal line) suggests upward momentum, while a bearish crossover (MACD line crossing below the signal line) suggests downward momentum.
2. Supertrend Component
Key Parameters:
Factor:
Function: Multiplies the ATR to create an offset from the mid-price (hl2).
Adjustment Impact: Lower values make the indicator more sensitive (producing more frequent signals), while higher values result in fewer, more confirmed signals.
ATR Period:
Function: Sets the number of bars over which the ATR is calculated.
Adjustment Impact: A shorter period makes the ATR react more quickly to recent price changes (but can be noisy), whereas a longer period provides a smoother volatility measurement.
Trend Calculation:
The script compares the previous close with the dynamically calculated upper and lower bands. If the previous close is above the upper band, the trend is set to bullish (1); if it’s below the lower band, the trend is bearish (-1). The Supertrend line is then plotted in green for bullish trends and red for bearish trends.
3. MACD Component
Key Parameters:
Fast MA (Fast Moving Average):
Function: Represents a shorter-term average, making the MACD line more sensitive to recent price movements.
Slow MA (Slow Moving Average):
Function: Represents a longer-term average to smooth out the MACD line.
Signal Smoothing:
Function: Defines the period for the signal line, which is a smoothed version of the MACD line.
Crossover Logic:
The script uses the crossover() function to detect when the MACD line crosses above the signal line (bullish crossover) and crossunder() to detect when it crosses below (bearish crossover).
4. Combined Signal Logic
How Signals Are Combined:
Bullish Scenario:
When the MACD shows a bullish crossover (MACD line crosses above the signal line) and the Supertrend indicates a bullish trend (green line), a green upward triangle is plotted below the bar.
Bearish Scenario:
When the MACD shows a bearish crossover (MACD line crosses below the signal line) and the Supertrend indicates a bearish trend (red line), a red downward triangle is plotted above the bar.
Rationale:
By combining the signals from both indicators, you increase the likelihood that the detected trend change is reliable, filtering out some false signals.
5. Alert Functionality
Alert Setup in the Code:
The alertcondition() function is used to define conditions under which TradingView can trigger alerts.
There are two alert conditions:
Bullish Alert: Activated when there is a bullish MACD crossover and the Supertrend confirms an uptrend.
Bearish Alert: Activated when there is a bearish MACD crossover and the Supertrend confirms a downtrend.
What Happens When an Alert Triggers:
When one of these conditions is met, TradingView registers the alert condition. You can then create an alert in TradingView (using the alert dialog) and choose one of these alert conditions. Once set up, you’ll receive notifications (via pop-ups, email, or SMS, depending on your settings) whenever a trend change is signaled.
6. User Adjustments and Their Effects
Factor (Supertrend):
Adjustment: Lowering the factor increases sensitivity, resulting in more frequent signals; raising it will filter out some signals, making them potentially more reliable.
ATR Period (Supertrend):
Adjustment: A shorter ATR period makes the indicator more responsive to recent price movements (but can introduce noise), while a longer period smooths out the response.
MACD Parameters (Fast MA, Slow MA, and Signal Smoothing):
Adjustment:
Shortening the Fast MA increases sensitivity, generating earlier signals that might be less reliable.
Lengthening the Slow MA produces a smoother MACD line, reducing noise.
Adjusting the Signal Smoothing changes how quickly the signal line responds to changes in the MACD line.
7. Best Practices and Considerations
Multiple Confirmation:
Even if both indicators signal a trend change, consider confirming with additional analysis such as volume, price action, or other indicators.
Market Conditions:
These indicators tend to perform best in trending markets. In sideways or choppy conditions, you may experience more false alerts.
Backtesting:
Before applying the indicator in live trading, backtest your settings to ensure they suit your trading style and the market conditions.
Risk Management:
Always use proper risk management, including stop-loss orders and appropriate position sizing, as alerts may occasionally produce late or false signals.
Happy trading!
SuperTrend Momentum TableMy goal creating this indicator : Provide a way to see the Past and Current Momentum of multiple different timeframes without using multiple charts.
The Underlying Concept / What is Momentum?
The Momentum shown is derived from a Mathematical Formula, SUPERTREND. When price closes above Supertrend Its bullish Momentum when its below Supertrend its Bearish Momentum.This indicator scans for bullish & bearish Momentum on the Timeframes selected by the user and when there is a shift in momentum on any of those time frames (price closes below or above SUPERTREND ) it notifies the trader with a color change on the Momentum Table.
Back Testing: This indicator will be key for back testing with the since the SuperTrend Momentum Table shows you the visual shift in momentum. Giving the Trader a Clear visual on how Each Support and Resistance Level was made .
Technical Inputs
- If you want to optimize the rate of signals to better fit your trading plan you would change the Factor input and ATR Length input. Increase factor and ATR Length to decrease the frequency of signals and decrease the Factor and ATR Length to increase the frequency of signals.
Quick TIP! : You can Sync all VFX SuperTrend Indicators together! All VFX SuperTrend indicators display unique information but its all derived from that same Momentum Formula. Keep the Factor input and ATR Length the same on other VFX SuperTrend indicators to have them operating on the same data.
Timeframe Inputs
- The indicator has 7 Time frame Displays where you can choose which Time Frames you would like to monitor.
- You can limit the amount of time frames being displayed by changing the Time Frame Amount
Display Inputs
- The trader can specify the bullish and bearish color of all 7 Timeframes
- You can toggle (on or off) the Momentum Switch if you want to highlight the exact candle where momentum switched from bullish to bearish and from bearish to bullish .
How it can be Used ? Check the momentum of other Timeframes and use that information as a variable to structure your trading plan.
- Use Momentum information to track the trend
- Plan and limit trades based on the current Momentum of multiple timeframes
- See if you have higher momentum to fuel your trades
- See breakouts on Multiple Time Frames
Supertrend Targets [ChartPrime]The Supertrend Targets indicator combines the concepts of trend-following with dynamic volatility-based target levels. It takes core simple and classical concepts and provides actionable insights. The core of this indicator revolves around the "Supertrend" algorithm, which essentially uses the Average True Range (ATR) and a multiplier to determine if the price of a financial instrument is in an uptrend or downtrend. The indicator generates various plot points on the trading chart, which traders can use to make informed trading decisions.
Users can set several input parameters such as the source price, custom levels, multiplier scale, length of the average true range, and the window length. Traders can also opt to enable a table that shows numeric target data by percentiles, risk ratio, take profit and stop loss points.
The generated plots and fills on the chart represent various levels of potential gains and drawdowns, acting as potential targets for taking profit or stopping losses. These include the 25th, 50th, 75th, 90th, and 100th percentiles, which are adjustable by scale. There are also plots for average gain and drawdown levels, enhanced by standard deviation curves if enabled.
The Supertrend line indicators are color-coded for ease of understanding: blue for bullish performance and orange for bearish performance. The "Center Line" represents the point at which traders might consider entering a position.
Lastly, the script presents a summary table (when enabled) at the right side of the chart displaying numeric data of the plotted targets. This data provides additional insights on the risk-reward balance for each percentile, helping traders to execute their strategies more effectively.
Here's a comprehensive breakdown of its functionalities and features:
Inputs:
Source: Determines the price series type (e.g., Close, Open, High, Low, etc.).
Show Trailing Stop: Option to display the trailing stop on the chart.
Levels: Sets the number of target levels you want to display. Can range from -5 to 5.
Scale: A scaling factor for adjusting targets, can be between 1 to 100.
Window Length: Length for the target computation, determines how many bars will be considered.
Unique: Ensures every data point used in calculations is unique.
Multiplier: Multiplier for the ATR (Average True Range) to compute the SuperTrend.
ATR Length: Period for the ATR computation.
Custom Level: Allows users to set their own levels using various statistics like Average, Average + STDEV, Percentile, or can be disabled.
Percent Rank: Determines the percentile rank for targeting.
Enable Table: Enables or disables a table display.
Methods:
Flag: Identifies bullish and bearish trend reversals.
Target Percent: Determines the expected price movement (both gains and drawdowns) based on historical trend reversals.
Value Percent: Computes the percentage difference between the current price and the entry price during trend reversals.
Plots:
Multiple target lines are plotted on the chart to visualize potential gain and drawdown levels. These levels are adjusted based on user settings. Additionally, the main Supertrend line is plotted to indicate the prevailing trend direction.
Gain Levels: Target levels which show potential upside from the current price.
Drawdown Levels: Target levels which represent potential downside from the current price.
SuperTrend Line: A line that adjusts based on price volatility and trend direction, acting as a dynamic support or resistance.
In conclusion, the "Supertrend Targets " indicator is a powerful tool that combines the principle of trend-following with dynamic targets, providing traders with insights into potential future price movements. The range of customization options allows traders to adapt the indicator to different trading strategies and market conditions.
SuperTrend Entry(My goal creating this indicator) : Provide a way to enter the market systematically, automatically create Stop Loss Levels and Take Profit Levels, and provide the position size of each entry based on a fix Percentage of the traders account.
The Underlying Concept :
What is Momentum?
The Momentum shown is derived from a Mathematical Formula, SUPERTREND. When price closes above Supertrend Its bullish Momentum when its below Supertrend its Bearish Momentum. This indicator scans for candle closes on the current chart and when there is a shift in momentum (price closes below or above SUPERTREND) it notifies the trader with a Bar Color change.
Technical Inputs
- If you want to optimize the rate of signals to better fit your trading plan you would change the Factor input and ATR Length input. Increase factor and ATR Length to decrease the frequency of signals and decrease the Factor and ATR Length to increase the frequency of signals.
Quick TIP! : You can Sync all VFX SuperTrend Indicators together! All VFX SuperTrend indicators display unique information but its all derived from that same Momentum Formula. Keep the Factor input and ATR Length the same on other VFX SuperTrend indicators to have them operating on the same data.
Display Inputs
- The indicator has a candle overlay option you can toggle ON or OFF. If toggled ON the candles color will represent the momentum of your current chart ( bullish or bearish Momentum)
your able to change the colors that represent bullish or bearish to your preference
- You can toggle on which shows the exact candle momentum switched sides
your able to change the colors that represent a bullish switch or bearish switch to your preference
- The trader can specify which point you would like your stop loss to reference. (Low and High) Which uses the Low of the Momentum signal as the reference for your Stop Loss during buy signals and the High as the reference during sell signals. Or (Lowest Close and Highest Close) which uses the Lowest Close of the Momentum signal as the reference for your Stop Loss during buys and the Highest Close as the reference during sells.
- The colors that represent your Stop Loses and Take Profits can also be changed
Risk Management Inputs
- Your Risk MANAGMENT section is used to set up how your Stop Loss and Take Profit are calculated
- You have the option to take in account Volatility when calculating your Stop Loss. A adjusted ATR formula is used to achieve this. Increase Stop Loss Multiplier from 0 to widen stops.
- Increase Take Profit Multiplier from 0 to access visual Take Profit Levels based on your Stop Loss. This will be important for traders that Prefer trading using risk rewards. For Example: If the the Take Profit Multiplier is 3 a Take Profit level 3 times the size or your stop loss from your entry will be shown and a price number corresponding to that Take Profit Level becomes available.
- Enter your current Account size, Bet Percentage and Fixed Spread to get your Position Size for each trade
-Toggle on the Current Trade Chart and easily get the size of your Position and the exact price of your Take Profit and Stop Loss.
You can increase the Size of the Current Trade Chart= Tiny, Small, Normal, Large, Huge and change the Position of the Current
trade Chart to your preference, (Top- Right, Center, Left) (Middle- Right, Center, Left) (Bottom- Right, Center, Left).
How it can be used ?
- Enter Trades and always know where your stop is going to be
- Eliminate the need to manual calculate Position Size
- Get a consistent view of the current charts momentum
- Systematical enter trades
- Reduce information overload
Supertrend with Target Price & ATREE [SS]Hey everyone,
Releasing this supertrend mashup indicator.
This is your basic supertrend, but with two additions:
1. The integration of the ATREE technical probability modeller; and
2. The use of ATR price targets for crossovers
ATREE
ATREE stands for Advanced Technical Range Expectancy Estimator. It has its very own indicator available here . If you are not that familiar with it, I would suggest heading over to that page and reading about it, because it gives you the in-depth details.
But for a recap, ATREE uses technical indicators such as RSI, Stochastics or Z-Score to predict the likely sentiment, whether it be bullish or bearish. The indicator allows you to select the ATREE model type and supports 3 separate probability models based on either:
1. RSI
2. Stochastics; or
3. Z-Score
If you want to know which model is most effective for the ticker and timeframe you are using, you can launch up the native ATREE indicator and review the backtesting results to ascertain which model performs optimally for that particular ticker on that particular timeframe.
When ATREE assesses the sentiment as bearish, you will get a red fill. When it assesses the sentiment as bullish, you will get a green fill. This will help you adjust your bias to focus on either dip buying or rip shorting.
The ATREE timeframe is also customizable, so you can pull data from higher timeframes than you are on.
ATR Price Targets
As with my EMA 9/21 crossover with the target price, this is essentially the same concept. When the trend shifts to bullish or bearish, bull and bear targets will be printed so you know where to look for potential reversal and you can also set realistic target prices if you are scalping or day trading.
Supertrend
The last and base feature is the supertrend. The supertrend settings are customizeable.
It will provide a green line for uptrend and a redline for downtrend, the basic supertrend functionality.
And that's the indicator!
Let me know what you think and hope you enjoy!
Safe trades as always!
SuperTrend Adaptive (STD Smooth)Supertrend Adaptive (Smoothed StdDev)
Supertrend Adaptive is a refined trend-following indicator based on the classic Supertrend. It enhances the original by incorporating smoothed standard deviation into the volatility calculation, instead of relying solely on ATR. This hybrid approach enables more responsive and adaptive trend detection, reducing noise and false signals in volatile or ranging markets. The indicator also features confidence-weighted signal labels and a clean, uncluttered display, making it practical for any trading timeframe.
🔍 Detailed Methodology and Conceptual Foundation
Unlike traditional Supertrend indicators that use only absolute volatility (ATR) to define trend bands, this version blends standard deviation — a relative volatility measure — into the calculation. Standard deviation helps capture the dispersion of price, not just its range, and when smoothed, it filters out erratic jumps caused by sudden spikes or drops.
This fusion creates trend bands that expand and contract dynamically based on recent price variability. As a result:
Fewer whipsaws : The trend bands adjust to both low and high volatility environments, which helps avoid unnecessary signal flips during consolidation.
Stronger trend adherence : Signals are less reactive to momentary price movements. This allows the indicator to hold positions longer in trending markets, giving traders the opportunity to ride extended moves.
Bollinger Band-style adaptation : By including standard deviation, this indicator behaves similarly to Bollinger Bands — accounting for relative price change rather than absolute moves alone.
These enhancements make the tool suitable not only for identifying directional bias, but also for refining entries and exits with more context-aware volatility filtering.
📈 How to Use the Indicator
Trend Direction: The script draws a colored line beneath (uptrend) or above (downtrend) price. Green indicates bullish trend, red indicates bearish.
Buy/Sell Labels: Only the most recent signal is shown to reduce clutter:
🟢 Green "Buy" label = trend reversal to bullish, with strong confidence.
🔵 Blue "Buy" label = same reversal, but with lower volume confidence.
🔴 Red "Sell" label = trend reversal to bearish, with strong confidence.
🟠 Orange "Sell" label = bearish signal with lower volume confidence.
These color codes are derived from comparing current volume to its average — a higher-than-average volume gives greater confidence to the signal.
Settings:
ATR Period: Controls the smoothing window for volatility calculation.
ATR Multiplier: Adjusts the size of the trend bands.
Std Smooth: Controls smoothing applied to standard deviation to reduce jitter.
Change ATR Method: Option to toggle between default and smoothed ATR.
Show Signals: Toggle for label display.
📢 Alerts
The script includes three built-in alert conditions:
Buy Signal: Triggered when the trend flips to bullish.
Sell Signal: Triggered when the trend flips to bearish.
Trend Direction Change: Alerts on any switch in trend regardless of confidence level.
These alerts allow traders to automate notifications or integrations with bots or trading platforms.
🧼 Clean Chart Display
To ensure clarity and comply with best practices:
The chart shows only this indicator.
Trend lines are drawn in real time for visual context.
Only one label per direction is shown — the most recent one — to keep the chart readable.
No drawings or unrelated indicators are included.
This setup ensures the script’s signals and structure are immediately understandable at a glance.
📌 Best Use Cases
This tool is designed for:
Traders who want adaptive volatility filters instead of rigid ATR-based models.
Scalpers and swing traders who prefer clean charts with minimal lag and fewer false signals.
Any asset class — works well on crypto, FX, and equities.
Shortcoming of this tool is sideway price action (will be tackled in next versions).
Credit for www.tradingview.com the version which this script extends.
