Strategy · Pine Script v6 · On the chart

Supertrend 17/3.2

by trustdan· code credited to TrendLab - Generated from Strategy Artifact

A long-only strategy generated from the TrendLab research project, drawn on the price chart.

View on GitHub

GitHub stars1on the repository
Pine versionv6current
Lines of code50
Settings2inputs
LicenceMIT
Last update9 months ago31 Jan 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above, or the copy button on the code below.
  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

50 lines of Pine Script v6 from pine-scripts/strategies/supertrend/17_3.2.pine, published under MIT. Keep the author's credit and licence lines when you reuse it.

17_3.2.pine
// This Pine Script™ code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © TrendLab - Generated from Strategy Artifact

//@version=6
strategy("Supertrend 17/3.2", overlay=true, default_qty_type=strategy.percent_of_equity, default_qty_value=100, initial_capital=100000, commission_type=strategy.commission.percent, commission_value=0.1, slippage=1)

// =============================================================================
// INPUTS
// =============================================================================
atrPeriod = input.int(17, "ATR Period", minval=1)
multiplier = input.float(3.2, "Multiplier", minval=0.1, step=0.1)

// =============================================================================
// INDICATOR CALCULATION
// =============================================================================
[supertrend, direction] = ta.supertrend(multiplier, atrPeriod)

// Direction: -1 = uptrend (price above supertrend), 1 = downtrend (price below supertrend)
isUptrend = direction < 0
isDowntrend = direction > 0

// Detect trend changes
trendChangeUp = ta.crossunder(direction, 0)    // Direction crosses from positive to negative
trendChangeDown = ta.crossover(direction, 0)   // Direction crosses from negative to positive

// =============================================================================
// STRATEGY LOGIC
// =============================================================================
// Entry: Supertrend flips to uptrend (direction changes from 1 to -1)
// Exit: Supertrend flips to downtrend (direction changes from -1 to 1)

if trendChangeUp
    strategy.entry("Long", strategy.long)

if trendChangeDown
    strategy.close("Long")

// =============================================================================
// PLOTTING
// =============================================================================
// Plot supertrend line with color based on direction
supertrendColor = isUptrend ? color.green : color.red
plot(supertrend, "Supertrend", color=supertrendColor, linewidth=2)

// Plot entry/exit signals
plotshape(trendChangeUp, "Entry Signal", shape.triangleup, location.belowbar, color.green, size=size.small)
plotshape(trendChangeDown, "Exit Signal", shape.triangledown, location.abovebar, color.red, size=size.small)

// Background color for trend direction
bgcolor(isUptrend ? color.new(color.green, 95) : color.new(color.red, 95))

Overview

Supertrend 17/3.2 uses the built-in Supertrend with an ATR period of 17 and a multiplier of 3.2. It buys when the Supertrend turns to an uptrend and closes the position when it turns to a downtrend. The line is green in an uptrend and red in a downtrend, with a faint background and signal triangles. Sizing uses the full account equity, and there is no separate stop loss.

Details

Published by

trustdan on GitHub

Code credit

TrendLab - Generated from Strategy Artifact, as written in the script's header

Draws

On the price chart

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
ATR Periodint17atrPeriod
Multiplierfloat3.2multiplier
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.

Similar Pine Scripts

330 stars

This strategy calculates Bollinger Bands and Aroon oscillator values to identify mean-reversion opportunities. It enters a long position using full equity when the closing price crosses below the lower Bollinger Band while Aroon Up remains above a user-specifi

Strategy v5 Mean reversionVolatility & bands
Updated 2 months ago · None stated GitHub repository of Bollinger bands + Aroon [Alorse]
257 stars

This overlay strategy targets one-minute ES futures and plots volume-weighted moving-average bands from the open, scaled by a standard-deviation multiple, plus a slower band from ten-minute opens. A higher-timeframe exponential moving average can filter trades

Strategy v6 Moving averagesVolatility & bands
Updated 7 weeks ago · None stated GitHub repository of ES - Futures 1M No Repaint

Nasdaq Prop Firm Strategy

by TradersPost
228 stars

This strategy uses multiple VWAP anchors and a custom Lull indicator to generate buy and sell signals on the Nasdaq price chart. It plots the VWAP trend line and three VWAP anchors with customizable colors and mitigation methods. The Lull indicator produces si

Strategy v6 TrendSupport & resistance Repaints
Updated 3 months ago · None stated GitHub repository of Nasdaq Prop Firm Strategy

STRG-BBForce

by harryguiacorn
220 stars

STRG-BBForce is a Bollinger Bands trend-following strategy. It calculates standard Bollinger Bands and tracks directional alignment across the upper, lower, and basis lines. When all three lines slope upward, it opens a long position and closes short positions

Strategy v5 TrendVolatility & bands
Updated 1 year ago · None stated GitHub repository of STRG-BBForce

This strategy implements a single-layer perceptron machine learning model built from scratch to generate trading signals directly on the price chart. It calculates predictions based on sample size, threshold settings, and optional volatility or volume filters.

Strategy v5 AI / machine learningTrend
Updated 1 year ago · None stated GitHub repository of Machine Learning: Perceptron-Based Strategy [5] (v.3)
106 stars

This overlay strategy plots a two-timeframe Ichimoku setup on the price chart, with Tenkan, Kijun, Chikou, and Kumo from a base higher timeframe and an optional highest-timeframe cloud. It allows two entries in the same direction and uses ATR-based trailing st

Strategy v4 TrendVolatility & bands
Updated 2 years ago · GPL-3.0 GitHub repository of 2Tier Ichimoku Pyramiding [Takazudo]

More Trend scripts

Related on ForexR

Trade Your Charts With a Regulated Broker

Compare brokers that connect to TradingView, with spreads, minimum deposits and leverage side by side.

Compare brokers