Supertrend + RSI Strategy [Alose] combines the classic Supertrend indicator with the Relative Strength Index (RSI) to enter and exit positions on the price chart.
1Copy the scriptPress Copy script above, or the copy button on the code below.
2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
3Paste over the templateCreate a new strategy, select all of the template text and paste. Press Save and give it a name.
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
47 lines of Pine Script v5 from strategies/trend/Supertrend + RSI.pine, published under MPL-2.0 (file header). Keep the author's credit and licence lines when you reuse it.
Long trades open when the Supertrend is bullish and RSI crosses above 50, while short trades require a bearish Supertrend and RSI crossing below 50. Positions close when RSI reaches overbought or oversold thresholds, or when the Supertrend direction flips. Configurable parameters include Supertrend ATR period and factor, RSI length, toggle switches for long or short trades, and RSI exit thresholds. Notably, there is no stop-loss protection.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
ATR Length
int
10
atrPeriod
Factor
float
3.0
factor
Source
source
close
src
Length
int
14
lenRSI
Long entries
bool
true
showLong
Short entries
bool
false
showShort
TP
float
1.2
TPPercent
Exit Long
int
72
RSIoverbought
Exit Short
int
28
RSIoversold
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.
This strategy plots on the price chart and opens long or short positions when a weighted score from MACD, Stochastic RSI, RSI, Supertrend and a moving-average crossover exceeds a user-set trigger. Each component has its own weight and candle delay. Entries can
Mean Reversion Strategy is an overlay strategy that identifies pullbacks using a long-term EMA, RSI, and candlestick patterns. It generates long signals when a bullish engulfing candle forms below the EMA while RSI is oversold, and short signals when a bearish
Donald - AI Futures 5M 15M Timeframe is an overlay trading strategy designed for intraday futures trading. It utilizes rational quadratic kernel regression to construct dynamic momentum zones and smoothed price boundaries on the main price chart. The strategy
This strategy generates trading signals based on a selectable momentum engine, supporting MACD, RSI, Stochastic, or Rate of Change. Entries trigger on signal crosses, zero-line crosses, or threshold crosses, with an optional moving average trend filter. Risk m
255 EMA Strategy combines an exponential moving average with Average True Range bands and standard MACD crossovers to generate entry signals. Drawn directly on the price chart, it plots the central 255 EMA along with upper and lower volatility envelopes. Trade
This strategy evaluates simple moving averages and the Relative Strength Index to generate trading signals. It calculates a 10-period SMA, a 30-period SMA, and a 14-period RSI. Long positions are entered when the fast SMA crosses above the slow SMA while RSI i