This strategy enters long when a faster moving average crosses above a slower one and short when it crosses below, unless long-only mode is on. An optional volume filter requires volume above a 20-bar average times a multiplier. Exits use a percentage stop los
Strategy · Pine Script v6 · On the chart
TnSovereign Supertrend Volume
A basic Supertrend strategy with an optional volume filter, drawn on the price chart.
GitHub stars1on the repository
Pine versionv6current
Lines of code57
Settings5inputs
LicenceNone stated
Last update2 months ago15 Aug 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 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
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
The Supertrend line is calculated from ATR length and multiplier. A long or short entry is taken in the trend direction when volume exceeds a multiple of its moving average, and the position is closed when the trend flips. Triangles mark signals. There is no separate stop loss or take profit, only the trend reversal exit.
- ATR-based Supertrend line
- Volume threshold confirmation
- Long and short entries on trend
- Exit on trend flip only
- Signal triangles on the chart
Details
Published by
raybird on GitHub
Type
Strategy, Pine Script v6
Draws
On the price chart
Category
Trend, Volume
Markets
Any symbol
Timeframes
Any timeframe
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.
| Setting | Type | Default | Variable |
|---|---|---|---|
| ATR Length | int | 10 | atrLen |
| Supertrend Multiplier | float | 3.0 | stMult |
| Volume MA Length | int | 20 | volLen |
| Volume Threshold Multiplier | float | 1.5 | volThresh |
| Require Volume Confirmation | bool | true | useConf |
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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