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OriginalSuperTrend

40 USD

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Publié: 2 avril 2024

Version actuelle: 1.0

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OriginalSuperTrend

Indicateurs
Volkan Mustafaoglu
Version: 1.0
Activations: 5

Supertrend is a trend following indicator based on the Average True Range (ATR) .

Calculating the odd line combines trend detection and volatility.

It can be used to detect changes in trend direction and position stops.

Basic knowledge

Supertrend is a trend following indicator. It takes up space on the main chart and its plots show the current trend. A Supertrend can be used for varying durations (daily, weekly, intraday, etc.) and varying instruments (stocks, futures or forex).

Supertrend has a variety of entries that you can adjust to suit your trading strategy. Adjusting these settings allows you to make the indicator more or less sensitive to price changes.

For Supertrend entries you can set atrLength and multiplier:

The atrLength setting is the loopback length for ATR calculation;
The multiplier is what the ATR is multiplied by to balance the bands in price.

What to pay attention to?

When the price falls below the indicator curve, it turns red and indicates a downtrend.

Conversely, when the price moves above the curve, the indicator turns green, indicating an uptrend.

After every close above or below the supertrend, a new trend emerges.

plus...

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Heikin Ashi Heikin Ashi is a charting technique that can be used to predict future price movements. It is similar to traditional candlestick charts. However, unlike a regular candlestick chart, the Heikin Ashi chart attempts to filter out some of the market noise by smoothing out strong price swings to better identify trend movements in the market. To create Heiken Ashi, a formula is used in which price data is entered, while ordinary candles are built only on bare numbers, without using any

40 USD

An invention that will turn your working principles upside down. Especially in horizontal and stagnant markets, annoying losses can occur. Besides, following trend lines, support and resistance can be tiring. To put an end to all this, I decided to create a professional "moving average" indicator. All you have to do is follow the colors. If you need additional support, I recommend the "Heiken-Ashi" candle indicator in my profile. I wish you lots of profit..

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