This indicator plots an ATR-based Chandelier Exit trailing stop on the price chart. It tracks a long stop under recent highs and a short stop above recent lows, then switches direction when price crosses the opposite stop. Buy and sell labels mark those flips.
Indicator · Pine Script v5 · On the chart
SuperTrend
This indicator plots the classic SuperTrend line on the price chart.
GitHub stars6on the repository
Pine versionv5runs as is
Lines of code29
Settings3inputs
LicenceMIT
Last update5 days ago23 Oct 2026
Add It to Your TradingView 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 indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
29 lines of Pine Script v5 from strategies/indicators/supertrend.pine, published under MIT. Keep the author's credit and licence lines when you reuse it.
// Source: TradingView Built-in Indicator (SuperTrend)
// Attribution: Standard SuperTrend implementation matching TradingView's built-in indicator
// Used as input for AI-powered strategy conversion
//@version=5
indicator("SuperTrend", overlay=true)
atrPeriod = input.int(10, "ATR Period")
factor = input.float(3.0, "Multiplier")
src = input(hl2, "Source")
atr2 = ta.atr(atrPeriod)
upperBand = src + factor * atr2
lowerBand = src - factor * atr2
prevUpperBand = nz(upperBand[1], upperBand)
prevLowerBand = nz(lowerBand[1], lowerBand)
lowerBand := lowerBand > prevLowerBand or close[1] < prevLowerBand ? lowerBand : prevLowerBand
upperBand := upperBand < prevUpperBand or close[1] > prevUpperBand ? upperBand : prevUpperBand
var int direction = 1
direction := direction == -1 and close > prevLowerBand ? 1 : direction == 1 and close < prevUpperBand ? -1 : direction
superTrend = direction == 1 ? lowerBand : upperBand
bodyMiddle = plot((open + close) / 2, display=display.none)
trend = plot(superTrend, color=direction == 1 ? color.green : color.red, linewidth=2, title="SuperTrend")
fill(bodyMiddle, trend, color=direction == 1 ? color.new(color.green, 90) : color.new(color.red, 90))
Overview
SuperTrend builds upper and lower bands from an ATR of the chosen source, then trails the band that stays active for the current direction. Direction turns up when price closes above the lower band and down when it closes below the upper band. The line is green in an uptrend and red in a downtrend, with a light fill between the candle midpoint and the line. ATR period, multiplier, and source are the main inputs. It does not generate entries, exits, or stops.
- ATR-based upper and lower bands
- Trailing band that follows direction
- Green and red SuperTrend line
- Light fill between midpoint and line
- ATR period, multiplier, and source inputs
Details
Published by
trsdn on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Trend, Volatility & bands
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Topics
ai-scrumalgorithmic-tradingbacktestingbitcoinbollinger-bandscryptopine-scriptpythonquantitative-financestrategy
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| ATR Period | int | 10 | atrPeriod |
| Multiplier | float | 3.0 | factor |
| Source | source | hl2 | src |
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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