Indicator · Pine Script v6 · On the chart

Supertrend [trugurpala]

by trugurpala

This indicator calculates the ATR-based Supertrend line overlaid directly on the price chart to identify market trend direction.

View on GitHub

GitHub stars4on the repository
Pine versionv6current
Lines of code43
Settings2inputs
LicenceMIT
Last update2 months ago3 Aug 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 indicator, select all of the template text and paste. Press Save and give it a name.
  4. 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.

Source Code

43 lines of Pine Script v6 from examples/indicators/05_supertrend.pine, published under MIT. Keep the author's credit and licence lines when you reuse it.

05_supertrend.pine
//@version=6
// Supertrend — ATR-Based Trend Direction — github.com/trugurpala/pinescriptv6
// Author: Ugur Pala · mail@ugurpala.com
indicator("Supertrend [trugurpala]", overlay=true)

// ── Inputs ───────────────────────────────────────────────────────────────────
int   atrLen  = input.int(10,   "ATR Length",     minval=1)
float atrMult = input.float(3.0, "ATR Multiplier", step=0.1)

// ── Calculations ─────────────────────────────────────────────────────────────
float atr       = ta.atr(atrLen)
float upperBand = hl2 + atrMult * atr
float lowerBand = hl2 - atrMult * atr

var float superTrend = na
var int   direction  = 1

float prevUpper = nz(upperBand[1], upperBand)
float prevLower = nz(lowerBand[1], lowerBand)

upperBand := upperBand < prevUpper or close[1] > prevUpper ? upperBand : prevUpper
lowerBand := lowerBand > prevLower or close[1] < prevLower ? lowerBand : prevLower

if close > nz(superTrend[1], 0)
    superTrend := lowerBand
    direction  := 1
else
    superTrend := upperBand
    direction  := -1

bool bullSwitch = direction ==  1 and direction[1] == -1
bool bearSwitch = direction == -1 and direction[1] ==  1

// ── Visuals ──────────────────────────────────────────────────────────────────
color trendColor = direction == 1 ? color.green : color.red
plot(superTrend, "Supertrend", trendColor, linewidth=3)
plotshape(bullSwitch, "Bull", shape.triangleup,   location.belowbar, color.green, size=size.normal)
plotshape(bearSwitch, "Bear", shape.triangledown, location.abovebar, color.red,   size=size.normal)
bgcolor(direction == 1 ? color.new(color.green, 94) : color.new(color.red, 94))

// ── Alerts ───────────────────────────────────────────────────────────────────
alertcondition(bullSwitch, "ST Bull", "Supertrend Bull — {{ticker}} @ {{close}}")
alertcondition(bearSwitch, "ST Bear", "Supertrend Bear — {{ticker}} @ {{close}}")

Overview

Supertrend [trugurpala] computes upper and lower bands around the median price using Average True Range (ATR) scaled by a configurable multiplier. The script plots a continuous line that changes color based on trend direction, displays bullish and bearish shape markers at trend switches, and shades the background accordingly. Key input settings include ATR length and multiplier. It also provides alert conditions for trend flip signals.

Details

Published by

trugurpala on GitHub

Type

Indicator, Pine Script v6

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

aialgorithmic-tradingclaude-codecodexcoding-agentsgithub-copilotopen-sourcepine-scriptpine-script-v6technical-analysis

Settings

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

SettingTypeDefaultVariable
ATR Lengthint10atrLen
ATR Multiplierfloat3.0atrMult
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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