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SuperTrend Plus

5

The Supertrend draws a line following the current trend..

  • Green Line under the candle means a likely bullish trend
  • Red Line above the candle means a likely bearish trend


How to trade with SuperTrend indicator

Buy when the Supertrend Green line is below the price, Sell when the Supertrend Red line is above the price. It is strongly suggested to use this indicator in a trending market.


    Parameters

    • Multiplier - the lower it is and the more sensitive is the line, meaning it will follow the price more closely
    • Period - Period of the ATR used for the calculation

    If you like this tool please take a minute to leave a review.

    Avis 2
    Kedrov
    474
    Kedrov 2024.02.13 10:30 
     

    Хороший индикатор! Спасибо!

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    4.74 (39)
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    ECM Channel MT4
    Paulo Rocha
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    Legacy of Gann
    Pavel Zamoshnikov
    4.85 (13)
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    Jonathan Destailleur
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    Price Channels are also known as Donchian Channels being named after Richard Donchian.  They use the highest and lowest price of a set number of periods to create an upper and lower channel or envelope around the price. The upper channel shows the high of the number of periods chosen. The lower channel shows the low of the number of periods chosen. For example, the screenshot shows the Price Channels using 320 periods. The upper channel in the screenshot shows the highest high of the previous 3
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    Jonathan Destailleur
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    Jonathan Destailleur
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    Jonathan Destailleur
    4.67 (3)
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    Filtrer:
    Kedrov
    474
    Kedrov 2024.02.13 10:30 
     

    Хороший индикатор! Спасибо!

    frank75
    143
    frank75 2020.08.13 10:54 
     

    L'utilisateur n'a laissé aucun commentaire sur la note

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