• Overview
  • Reviews (24)
  • Comments (6)

Supertrend Line

4.91

The Supertrend indicator was originally created by a french fellow named Olivier Seban, and its goal is to identify the Primary Trend of prices. Its calculation is easy and based on the average of Highs and Lows and then we add the volatility of a custom period, plus a multiplier. This way we get the Supertrend Line.

You can find in the web several approaches and trading strategies using this very useful indicator.


HOW TO "READ" THIS INDICATOR

  • If the closing prices are above Supertrend Line, there is a Bullish sentiment at that moment. The opposite is a Bearish sentiment.
  • Some traders use the Supertrend Line as a Stop Loss boundary.
  • It is a lagging indicator, so sue Price Action and other tools to prepare your strategy accordingly.


PARAMETERS

  • Period of analysis (# of bars)
  • Multiplier
  • Indicator new Internal Name - Useful to fast recalibrate several instances of this indicator in realtime through Minions Labs Recalibrator.


    As always, if you like this indicator, all I am asking is a little Review (not a Comment, but a REVIEW!)...   

    This will mean A LOT to me... And this way I can continue to give away Cool Stuff for Free...

    With No Strings Attached!  Ever!


    Live Long and Prosper!

    ;)


    Reviews 20
    Nazrul Islam
    18
    Nazrul Islam 2024.10.21 14:24 
     

    thanks. this is powerfull indicator

    Wahyu W
    18
    Wahyu W 2024.10.10 10:30 
     

    simple and powerfull, thanks

    Rafal Krzysztof Manuszewski
    2190
    Rafal Krzysztof Manuszewski 2024.10.04 19:22 
     

    good

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    5 (1)
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    Filter:
    Nazrul Islam
    18
    Nazrul Islam 2024.10.21 14:24 
     

    thanks. this is powerfull indicator

    Wahyu W
    18
    Wahyu W 2024.10.10 10:30 
     

    simple and powerfull, thanks

    Rafal Krzysztof Manuszewski
    2190
    Rafal Krzysztof Manuszewski 2024.10.04 19:22 
     

    good

    gnanos123
    797
    gnanos123 2024.10.01 20:08 
     

    Good

    Susanne van
    18
    Susanne van 2024.08.05 14:08 
     

    Works well in combination with the 200 EMA. Thank you!

    znshshi
    67
    znshshi 2024.07.11 10:12 
     

    a useful tool

    jcortesq
    14
    jcortesq 2024.06.26 21:06 
     

    Very good indicator, it is excellent for determining the trend and complementing it with other indicators. Thanks for sharing

    zhui meng
    63
    zhui meng 2024.06.15 17:26 
     

    User didn't leave any comment to the rating

    Cappuccinono
    93
    Cappuccinono 2024.06.15 17:13 
     

    User didn't leave any comment to the rating

    Dougal
    277
    Dougal 2024.06.06 12:23 
     

    Proved very useful to get me into good trades and to keep me in those good trades for longer

    Seth Tetteh
    1364
    Seth Tetteh 2024.04.25 11:55 
     

    nice one

    slava1959
    14
    slava1959 2023.11.30 11:59 
     

    пока в стадии, так что не определился, но первое впечатление неплохое

    silvioit
    639
    silvioit 2023.11.04 12:18 
     

    Unfortunately, you don’t implement push notifications and the indicator is beautiful but become unuseful… Can you make a new version with push? Thank you and compliments Silvio

    Олег Похилько
    160
    Олег Похилько 2023.10.26 21:21 
     

    Thank you! Could you please add an alert?

    AHMED NOUR ELDEEN
    650
    AHMED NOUR ELDEEN 2023.10.22 13:48 
     

    Remarkable trading indicator, offering precise insights for strategic decision-making.

    asad137214
    20
    asad137214 2023.05.29 12:02 
     

    تشکر بابت این اندیکاتور رایگان و مفید...اگر هشدار تغییر رنگ هم داشت عالی می شد

    RHmt5
    14
    RHmt5 2023.05.28 06:06 
     

    Great

    wampokun
    20
    wampokun 2023.04.25 23:39 
     

    User didn't leave any comment to the rating

    RhasPro Innovatives
    147
    Rhasann Rhomonn Gavin Hamilton 2023.01.12 16:02 
     

    User didn't leave any comment to the rating

    Ting Hui Wu
    437
    Ting Hui Wu 2022.12.20 03:11 
     

    Works well, thanks a lot~

    12
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