Super Trend
Last updated
Last updated
The Super Trend indicator is designed to identify the prevailing market trend and help you make decisions on whether to buy or sell. It uses the Average True Range (ATR) to calculate the trend.
How It Works:
The Super Trend is a trend-following indicator that places a line above or below the price, depending on the current trend. If the price is above the line, it indicates an uptrend; if below, a downtrend.
Can be used for both trend confirmation and reversal signals.
Use Case:
To confirm the current market trend and trade in the direction of the trend.