Supertrend Line

4.87

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!

    ;)


    Avis 29
    Benjamin Afedzie
    3563
    Benjamin Afedzie 2025.06.12 00:09 
     

    great work

    P.ARMz4915
    324
    P.ARMz4915 2025.04.20 08:37 
     

    very good

    Santiagobr
    24
    Santiagobr 2025.04.19 19:57 
     

    Excelente!

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    Temirlan Kdyrkhan
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    PZ TRADING SLU
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    Roman Podpora
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    Daniel Stein
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    Elif Kaya
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    Bernhard Schweigert
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    Daniel Stein
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    Ihor Otkydach
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    STE S.S.COMPANY
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    Flavio Javier Jarabeck
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    Easily get all relevant economic events of the current day right into your chart, as markers. Filter what kind of markers do you want: by country (selected individually) and by Importance (High relevance, Medium, Low or any combination of these). Configure the visual cues to your liking. Additionaly you have the ability to add up to 5 personal markers of your own agenda. With Alerts and/or with blackout periods, if you are using it within an Expert Advisor! All in one Economic Calendar indicator
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    Flavio Javier Jarabeck
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    The Market Momentum indicator is based on the Volume Zone Oscillator (VZO), presented by Waleed Aly Khalil in the 2009 edition of the International Federation of Technical Analysts journal, and presents a fresh view of this market valuable data that is oftenly misunderstood and neglected: VOLUME. With this new approach of "seeing" Volume data, traders can infer more properly market behavior and increase their odds in a winning trade. "The VZO is a leading volume oscillator; its basic usefulness
    Filtrer:
    Lydia Kwarteng
    2075
    Lydia Kwarteng 2025.06.12 13:22 
     

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

    Benjamin Afedzie
    3563
    Benjamin Afedzie 2025.06.12 00:09 
     

    great work

    NikoI
    101
    NikoI 2025.05.30 20:52 
     

    schon ziemlich gut im M1-Scalping. 1. Mir fehlt noch der letzte Feinschlief wegen einigen Fakes zb. durch den xtreme trendfilter indikator (oder Dynamischen-Faktor).2. BUY und SELL-Signale an den Anfängen noch etwas schneller einstellen lassen- kann man diese beiden Signale seperat im Vergleich zu den xtreme-trend in der Mitte laufen lassen und 1/2 stellen?

    P.ARMz4915
    324
    P.ARMz4915 2025.04.20 08:37 
     

    very good

    Santiagobr
    24
    Santiagobr 2025.04.19 19:57 
     

    Excelente!

    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
    2387
    Rafal Krzysztof Manuszewski 2024.10.04 19:22 
     

    good

    gnanos123
    942
    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
    82
    znshshi 2024.07.11 10:12 
     

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

    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 
     

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

    Cappuccinono
    92
    Cappuccinono 2024.06.15 17:13 
     

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

    Dougal
    355
    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
    2241
    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 CORRAO
    697
    silvioit CORRAO 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

    Oleg Pokhilko
    320
    Oleg Pokhilko 2023.10.26 21:21 
     

    Thank you! Could you please add an alert?

    AHMED NOUR ELDEEN
    712
    AHMED NOUR ELDEEN 2023.10.22 13:48 
     

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

    12
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