# SuperTrend Oscillator

SuperTrend Oscillator is an indicator on [Vela](https://vela.luxalgo.com/chart), our next-generation charting platform, written in Pine Script®.

Re-expresses the distance between price and the SuperTrend as a bounded -100 to 100 oscillator with a signal line and MACD-style histogram. Readings near the extremes confirm strong trends, the 50/-50 zone exposes retracements, and validity symbols plus a false-signal percentage grade the SuperTrend's own reliability.

- Indicator in the LuxAlgo Library, by LuxAlgo, published May 11, 2021.
- Access: free.
- Concepts: [Supertrend](https://www.luxalgo.com/library/concept/supertrend/) (primary)
- Open on Vela: https://vela.luxalgo.com/chart?pineScriptCodeId=cmpwn62wz008kvhsg4du3jwvy
- Page: https://www.luxalgo.com/library/indicator/supertrend-oscillator/

The **SuperTrend Oscillator** converts the gap between price and the [SuperTrend band](https://www.luxalgo.com/library/concept/supertrend/) into a bounded oscillator on a (-100, 100) scale, normalized by the widest spread between the band's extremities. Three components stack into a MACD-like anatomy: the main oscillator, a Signal line smoothed by an adaptive filter that distorts less in trends, and a Histogram of their difference, plus on-chart symbols that grade the SuperTrend's own signals as true or false.

## How to Trade the SuperTrend Oscillator?

- **Main oscillator above 0**: price sits above the SuperTrend (bullish posture); below 0 is the bearish mirror.
- **Readings near +100 or -100**: a strong trend is in force.
- **Pullbacks into the 50/-50 zone**: retracement territory within trending markets, while overbought and oversold extremes flag potential exit areas.
- **Main and histogram signs disagree**: when the main reads positive while the histogram is negative (or vice versa), upcoming SuperTrend crossovers can be disregarded as likely false.
- **Cross and checkmark symbols**: printed at the bottom for buy signals and at the top for sell signals to validate the previous signal, with the false-signal percentage summarized over the chart's history.

## SuperTrend Oscillator Settings

- **Length**: the ATR period behind the SuperTrend calculation.
- **Mult**: the ATR multiplier.
- **Smooth**: smoothing applied to the histogram.
- **Fixed Transparency / Show Lines and Labels**: display toggles for the pane.

## Frequently Asked Questions

### Is it read like a MACD?

The layout rhymes (main line, signal, histogram), but the engine differs: [MACD](https://www.luxalgo.com/library/indicator/macd/) tracks the spread between two moving averages, while this oscillator tracks price's normalized distance from a volatility trailing stop, making it trend-state aware rather than purely momentum-based.

### How does it help filter false signals?

Two ways. Sign disagreement between the main oscillator and histogram warns that a coming crossover lacks support, and the printed symbols plus false-signal percentage show how past SuperTrend signals actually resolved on your chart.

### How is the SuperTrend Oscillator accessed?

Through the LuxAlgo Library, free of charge, and from this very page it can be run and backtested in Quant, our coding agent.

## Related indicators

- [Supertrend Channels](https://www.luxalgo.com/library/indicator/supertrend-channels/) (Supertrend): markdown at https://www.luxalgo.com/library/indicator/supertrend-channels.md
- [SuperTrend Recovery](https://www.luxalgo.com/library/indicator/supertrend-recovery/) (Supertrend): markdown at https://www.luxalgo.com/library/indicator/supertrend-recovery.md
- [SuperTrend AI (Clustering)](https://www.luxalgo.com/library/indicator/supertrend-ai-clustering/) (Supertrend): markdown at https://www.luxalgo.com/library/indicator/supertrend-ai-clustering.md
- [SuperTrend Polyfactor Oscillator](https://www.luxalgo.com/library/indicator/supertrend-polyfactor-oscillator/) (Supertrend): markdown at https://www.luxalgo.com/library/indicator/supertrend-polyfactor-oscillator.md
- [Supertrend Parameter Sensitivity 3D](https://www.luxalgo.com/library/indicator/supertrend-parameter-sensitivity-3d/) (Supertrend): markdown at https://www.luxalgo.com/library/indicator/supertrend-parameter-sensitivity-3d.md
- [Evasive SuperTrend](https://www.luxalgo.com/library/indicator/evasive-supertrend/) (Supertrend): markdown at https://www.luxalgo.com/library/indicator/evasive-supertrend.md
- [KNN Supertrend Horizon](https://www.luxalgo.com/library/indicator/knn-supertrend-horizon/) (Supertrend): markdown at https://www.luxalgo.com/library/indicator/knn-supertrend-horizon.md
- [AI SuperTrend Clustering Oscillator](https://www.luxalgo.com/library/indicator/ai-supertrend-clustering-oscillator/) (Supertrend): markdown at https://www.luxalgo.com/library/indicator/ai-supertrend-clustering-oscillator.md

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Source: https://www.luxalgo.com/library/indicator/supertrend-oscillator/ (LuxAlgo Library). Free to use with attribution: https://www.luxalgo.com/library/license/