// The MIT License (MIT) // © mihakralj //@version=6 indicator("Super Trend Bands (STBANDS)", "STBANDS", overlay=true) //@function Calculates Super Trend Bands using ATR-based dynamic support/resistance //@param source Series to calculate bands from //@param period Lookback period for ATR calculation //@param multiplier ATR multiplier for band distance //@returns [upper_band, lower_band, trend] Super Trend band values and trend direction //@optimized for performance and dirty data stbands(series float source, simple int period, simple float multiplier) => if period <= 0 or multiplier <= 0.0 runtime.error("Period and multiplier must be greater than 0") var int p = math.max(1, period), var int head = 0, var int count = 0 var array tr_buffer = array.new_float(p, na) var float tr_sum = 0.0 float high_val = nz(high), float low_val = nz(low), float close_val = nz(source) float prev_close = nz(source[1], source) float tr = math.max(high_val - low_val, math.max(math.abs(high_val - prev_close), math.abs(low_val - prev_close))) float oldest_tr = array.get(tr_buffer, head) if not na(oldest_tr) tr_sum -= oldest_tr count -= 1 tr_sum += tr count += 1 array.set(tr_buffer, head, tr) head := (head + 1) % p float atr = count > 0 ? tr_sum / count : tr float hl2_val = (high_val + low_val) / 2 float basic_upper = hl2_val + multiplier * atr float basic_lower = hl2_val - multiplier * atr var float final_upper = na, var float final_lower = na var int trend = 1 // Initialize on first bar if bar_index == 0 final_upper := basic_upper final_lower := basic_lower trend := 1 else prev_upper = nz(final_upper[1], basic_upper) prev_lower = nz(final_lower[1], basic_lower) prev_close_val = nz(source[1], source) final_upper := basic_upper < prev_upper or prev_close_val > prev_upper ? basic_upper : prev_upper final_lower := basic_lower > prev_lower or prev_close_val < prev_lower ? basic_lower : prev_lower prev_trend = nz(trend[1], 1) trend := close_val <= prev_lower ? 1 : close_val >= prev_upper ? -1 : prev_trend [final_upper, final_lower, trend] // ---------- Main loop ---------- // Inputs i_period = input.int(10, "ATR Period", minval=1) i_source = input.source(close, "Source") i_multiplier = input.float(3.0, "ATR Multiplier", minval=0.001) // Calculation [upper_band, lower_band, trend] = stbands(i_source, i_period, i_multiplier) // Plot p_upper = plot(upper_band, "Upper Band", color=color.yellow, linewidth=2) p_lower = plot(lower_band, "Lower Band", color=color.yellow, linewidth=2) fill(p_upper, p_lower, color=color.new(color.blue, 90), title="Band Fill")