OPEN-SOURCE SCRIPT
Supertrend Pro Indicator
Supertrend Pro Indicator with Relative Strength Index Filter is a clean and disciplined trading indicator designed for intraday and scalping traders.
This indicator combines Supertrend trend detection with RSI momentum confirmation to generate high-quality BUY and SELL signals while avoiding sideways and low-probability trades. Each trade automatically plots Risk and Reward zones directly on the chart.
The Risk-Reward zones dynamically extend forward and remain active until either the target or stop loss is hit, ensuring complete trade clarity.
To maintain discipline the indicator allows only one active trade at a time, meaning no new signals appear until the current trade is closed.
A built-in performance dashboard displays:
Total Target Hits
Total Stop Loss Hits
Total Trades
Win Percentage
🔹 Default Settings
Supertrend ATR Period: 10
Supertrend Multiplier: 1
Risk Reward Ratio: 1:1
RSI Length: 14
RSI Buy Above: 60
RSI Sell Below: 52
🔹 Best Used For
Intraday Trading
Scalping Strategies
Index & Stock Trading
3-minute, 5-minute, and 15-minute timeframes
This indicator is simple to use and suitable for both beginners and professional traders who value clarity, discipline, and risk management.
Disclaimer: This indicator is for educational purposes only. Always use proper risk management.
This indicator combines Supertrend trend detection with RSI momentum confirmation to generate high-quality BUY and SELL signals while avoiding sideways and low-probability trades. Each trade automatically plots Risk and Reward zones directly on the chart.
The Risk-Reward zones dynamically extend forward and remain active until either the target or stop loss is hit, ensuring complete trade clarity.
To maintain discipline the indicator allows only one active trade at a time, meaning no new signals appear until the current trade is closed.
A built-in performance dashboard displays:
Total Target Hits
Total Stop Loss Hits
Total Trades
Win Percentage
🔹 Default Settings
Supertrend ATR Period: 10
Supertrend Multiplier: 1
Risk Reward Ratio: 1:1
RSI Length: 14
RSI Buy Above: 60
RSI Sell Below: 52
🔹 Best Used For
Intraday Trading
Scalping Strategies
Index & Stock Trading
3-minute, 5-minute, and 15-minute timeframes
This indicator is simple to use and suitable for both beginners and professional traders who value clarity, discipline, and risk management.
Disclaimer: This indicator is for educational purposes only. Always use proper risk management.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.