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Supertrend Indicator is currently being written with the same depth, real-market examples, and institutional-grade analysis you expect from Mr. Chartist. Check back soon.
What you'll learn
1Supertrend is calculated using ATR (Average True Range) multiplied by a factor. Default settings
2Green (below price) = Bullish trend. Signal to buy or hold long positions. The green line acts as a trailing stop-loss
3Red (above price) = Bearish trend. Signal to sell or short. The red line acts as a trailing stop-loss for short positions
4Trend Change
+5 more points in the full article