Strategy · Pine Script v5 · On the chart

BEST Supertrend Strategy

by Ayooluwa-trading-dev

This strategy combines a Supertrend line, calculated on a selectable timeframe from daily up to yearly, with a fast and slow SMA pair, 7 and 20 by default.

View on GitHub

GitHub stars1on the repository
Pine versionv5runs as is
Lines of code169
Settings6inputs
LicenceNone stated
Last update5 months ago21 May 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new strategy, select all of the template text and paste. Press Save and give it a name.
  4. 4Add it to the chartPress Add to chart. The trades and results appear in the Strategy Tester tab; adjust the settings with the gear icon.

Source Code

The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.

Overview

A long needs price above the Supertrend level and the fast SMA above the slow one; a short needs the reverse. Positions close when the SMAs cross back. Order direction can be limited to longs or shorts, and a trend dashboard is drawn on the price chart. It has no separate stop loss order.

Details

Published by

Ayooluwa-trading-dev on GitHub

Type

Strategy, Pine Script v5

Draws

On the price chart

Category

Trend, Moving averages

Markets

Any symbol

Timeframes

H4 and above

Risk Notes

  • The strategy enters trades without a stop loss

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
What type of OrdersstringLongs+ShortsorderType
Fast Length SMAint7fastLength
Slow Length SMAint20slowLength
[ST] Factorfloat3Factor
[ST] PDint3Pd
Supertrend timeframestringdailyTF
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.

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