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How to Use Supertrend Indicator on TradingView: A Step-by-Step Guide

Supertrend Indicator on TradingView

Introduction

The Supertrend indicator is a popular trend-following tool that helps traders easily identify the direction of a market. It’s simple yet powerful, and on platforms like TradingView, setting it up takes just a few minutes. In this guide, you’ll learn how to use the Supertrend indicator on TradingView step-by-step — including how to customize it for better results.


Step 1: Open TradingView and Select a Chart

  • Visit TradingView.
  • Log in to your account (or sign up for a free account).
  • Click on “Chart” from the top menu.
  • Choose the asset you want to analyze (such as stocks, forex pairs, crypto, or indices).

Step 2: Add the Supertrend Indicator

  • On the chart screen, click on the Indicators button (top center).
  • In the search bar, type “Supertrend.”
  • Select the default “Supertrend” indicator from the list (usually by “TradingView” or the most popular one).
  • It will immediately apply to your chart.

Step 3: Understand How the Supertrend Works

  • A green line means the trend is bullish (look for buying opportunities).
  • A red line means the trend is bearish (look for selling opportunities).
  • The color changes when the price crosses and closes on the opposite side of the indicator.

Supertrend acts as a dynamic support and resistance line based on ATR (Average True Range) and a multiplier value.


Step 4: Customize Supertrend Settings

You can adjust Supertrend settings for better performance based on your trading style:

  • Click the Settings ⚙️ icon next to Supertrend in the chart.
  • Main parameters to adjust:
    • ATR Period: Default is usually 10.
    • Multiplier: Default is typically 3.

Examples:

  • For day trading, you might lower ATR to 7 and multiplier to 2.5.
  • For swing trading, you may use ATR 10-14 with a multiplier of 3-4.

Try backtesting different settings to match your asset’s volatility.


Step 5: Create Alerts for Supertrend Signals (Optional)

  • Right-click on the Supertrend line.
  • Choose “Add Alert”.
  • Set conditions like “Supertrend crossing up” or “Supertrend crossing down.”
  • Choose how you want to be notified (popup, email, SMS).

This way, you don’t have to watch charts all day and can still catch trend changes!


Step 6: Combine Supertrend with Other Indicators (Optional)

For stronger trading signals, combine Supertrend with:

  • RSI (Relative Strength Index) — to confirm overbought/oversold levels.
  • MACD (Moving Average Convergence Divergence) — to verify momentum.
  • Volume indicators — to check for breakout strength.

Example:
Buy when Supertrend turns green and RSI crosses above 50.


Step 7: Practice Before Trading Live

  • Use TradingView’s paper trading feature to practice.
  • Test your Supertrend strategy with different settings and timeframes (like 5-minutes, 15-minutes, 1-hour, daily).
  • Learn how Supertrend reacts to sudden market changes.

Remember: No indicator is 100% perfect. Always manage risk with stop-loss orders!


FAQs About Using Supertrend on TradingView

1. Is Supertrend free on TradingView?
Yes, the basic Supertrend indicator is available for free accounts.

2. What are the best settings for Supertrend?
For beginners, ATR 10 and Multiplier 3 are a good start. Adjust based on asset volatility.

3. Can I use Supertrend on all assets?
Yes! Stocks, forex, crypto, commodities — it works everywhere with slight tuning.

4. Which timeframe is best for Supertrend?
It depends. 5-min or 15-min for intraday trading, 1-hour or daily for swing trading.

5. Is Supertrend a lagging indicator?
Yes, like most trend-following indicators, it reacts after price moves but filters false signals.


Conclusion

Learning how to use the Supertrend indicator on TradingView is straightforward and incredibly rewarding. By following this simple step-by-step guide, you’ll be able to spot trends faster, trade smarter, and reduce emotional trading mistakes. Start practicing today, and you’ll soon feel more confident in identifying trading opportunities!

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