SuperTrendSAP1212

This indicator combines Supertrend, VWAP with bands, and an optional RSI filter to generate Buy/Sell signals.

How it works

Supertrend Flip (ATR-based): Detects when trend direction changes (from bearish to bullish, or bullish to bearish).

VWAP Band Filter: Signals only trigger if the candle close is beyond the VWAP bands:

Buy = Supertrend flips up AND close > VWAP Upper Band

Sell = Supertrend flips down AND close < VWAP Lower Band

Optional RSI Filter:

Buy requires RSI < 20

Sell requires RSI > 80

Can be enabled/disabled in settings.

Features

Choice of VWAP band calculation mode: Standard Deviation or ATR.

Adjustable ATR/StDev length and multiplier for VWAP bands.

Toggle Supertrend, VWAP lines, and Buy/Sell labels.

Alerts included: add alerts on BUY or SELL conditions (use Once Per Bar Close to avoid intrabar signals).

Use

Works best on intraday or higher timeframes where VWAP is relevant.

Use the RSI filter for more selective signals.

Can be combined with your own stop-loss and risk management rules.

⚠️ Disclaimer: This script is for educational and research purposes only. It is not financial advice. Always test thoroughly and trade at your own risk.