OPEN-SOURCE SCRIPT
Updated

Multiple SuperTrends - evo

Supertrend is one of the most popular and easy to use indicators out there. Here are 15 supertrends each having a different ATR multiple from price. This can be used to find ranges (often followed by a reversal) or to create a filter for fake signals.

In the input tab "Spacing" you can change the space between each supertrend, setting this to 0 would be a normal supertrend. You can also change style, color, line width and transparency all in the input tab.

Pine code tip: Change line 21 to 'true' to make editable true.

Enjoy! :)
Release Notes
Fixed a color typo
Release Notes
Fixed linebreak problem mentioned in the comments.
Release Notes
Added alerts when the last line has been crossed. Buy, sell and both signals in one.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.