The Supertrend indicator is a favorite among traders, especially for Intraday timing. If you’re into technical analysis, you’ve probably encountered this tool. Known for its sharp accuracy across different timeframes, it’s a handy tool for trading stocks, commodities, or Forex. However, not all trading platforms offer it. That’s why we’ve created a handy Supertrend Indicator Excel Sheet to calculate real-time indicator values and buy/sell signals. This tailored sheet fits well with all major exchanges. Explore the calculations of Supertrend and grab the Excel sheet download at the end of this post.

### Cracking the Supertrend Indicator Calculation

Like moving averages, Supertrend helps track market trends. It uses the Average True Range (ATR) and a multiplier value for its calculations, with ATR gauging market volatility.

Here’s the drill: a buy signal pops up when the Supertrend indicator is above the price, and a sell signal shows up when it’s below the closing price.

### The Math Behind Supertrend

Here are the formulas that drive the Supertrend indicator:

• True Range (TR) = Max of (High-Low, High-Close, Low-Close)
• Average True Range (ATR) = Average of last n TR values (where n is a parameter in Supertrend indicator, usually 10)
• Basic Upperband =  (High + Low) / 2 + Multiplier * ATR
• Basic Lowerband =  (High + Low) / 2 – Multiplier * ATR
• Final Upperband = IF( (Current Basic Upperband  < Previous Final Upperband) and (Previous Close > Previous Final Upperband)) Then (Current Basic Upperband) ELSE Previous Final Upperband
• Final Lowerband = IF( (Current Basic Lowerband  > Previous Final Lowerband) and (Previous Close < Previous Final Lowerband)) Then (Current Basic Lowerband) ELSE Previous Final Lowerband
• SUPERTREND = IF(Current Close <= Current Final Upperband ) Then Current Final Upperband ELSE Current  Final Lowerband

Seems tricky? No worries, we’ve got an automated excel sheet to do the math with real-time stock market data.

### Sneak Peek of the Supertrend Indicator Excel Sheet

This automated spreadsheet effortlessly calculates Supertrend value and Buy/Sell signals for the entered symbol. No manual work needed!

Take a look at the screenshots below:

Also Explore: Trading Success with ADX Indicator

### How to Ride the Excel Sheet

Step 1: Grab the Excel file download at the end of this post.

Step 2: Open the Excel file, ensure you’re online. Say yes if it asks to enable Macros and Data connections.

Step 3: Key in the Symbol Name, Exchange Name, Interval, Number of Days, ATR Periods, Multiplier calculation method

Step 4: Click on Get Data. The data will download automatically and Supertrend values will appear. You can download data for up to 15 days with a minimum interval of 1 minute.

Click the link below to download the Supertrend indicator excel sheet. We welcome your feedback and comments.