OPEN-SOURCE SCRIPT

SuperTrade ST1 Strategy

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This strategy leverages the Supertrend indicator to identify trend direction and capture key entry and exit points in the market. By utilizing ATR (Average True Range) for dynamic stop-loss and take-profit levels, this script adapts to varying market conditions for improved risk management.

Key Features

  • Supertrend Indicator: Defines the trend direction and generates buy/sell signals based on trend reversal points.
  • ATR-based Exits: Take Profit and Stop Loss are dynamically calculated using ATR multipliers to accommodate market volatility.
  • Customizable Inputs: Fine-tune the ATR Length, Supertrend Factor, and ATR multipliers for take-profit and stop-loss according to your strategy preferences.
  • Visual Indicators: Buy and Sell signals are clearly marked with labels on the chart, and the Supertrend line is color-coded for easy trend identification.
  • Background Trend Highlighting: The chart background changes color based on the prevailing trend to make it easier to follow the market direction.


This strategy is perfect for traders looking to ride trends while managing risk with smart, automated exits.

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