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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.

    Reviews 2
    Kedrov
    489
    Kedrov 2024.02.13 10:30 
     

    Хороший индикатор! Спасибо!

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    RSI Candle Signal Indicator will change bars’ color when set overbought or oversold levels reach. How to Use RSI Candle Signal Uptrend/Downtrends  - RSI may be used to detect trending markets. For example, the RSI may stay above the mid line 50 in an uptrend. Top and Buttoms  - RSI may help in identifying the tops around the overbought readings (usually above 70), and the bottoms around the oversold area (usually below 30). Divergence  - divergence occurs when RSI directional movement is not c
    FREE
    Yesterday High Low
    Jonathan Destailleur
    The "Yesterday High Low" indicator for the MetaTrader 4 (MT4) trading platform is a powerful tool designed to help traders identify key price levels from the previous trading day. This indicator provides a visual representation of the high prices, low prices, high/low price averages, and intermediate average levels on the chart. Primarily used by institutional and professional traders, this indicator offers an instant view of price levels that are often considered crucial in financial markets
    FREE
    AO Signal Candle
    Jonathan Destailleur
    The  Awesome Oscillator  (AO)  Signal Candle Indicator  is an indicator used to measure market momentum.  Awesome Oscillator  (AO)  Signal Candle Indicator  will change bar's color when set overbought or oversold levels reach. Colored Candles, based on Awesome Oscillator (AO) Signal. -If the indicator is above zero, the market is bullish. -If the indicator is below zero, the market is bearish. -If the market is bullish, you can take a stand with green candle signals. -If the market is bearish,
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    Kedrov
    489
    Kedrov 2024.02.13 10:30 
     

    Хороший индикатор! Спасибо!

    frank75
    143
    frank75 2020.08.13 10:54 
     

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