Learn To Use Supertrend Indicator For Day & Swing Trading
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 Published On Oct 22, 2019

Trading with the trend is something we hear a lot about and it first requires defining a trend.Using the Supertrend Indicator, you can objectively determine the state of the market which will make your trading easier.The indicator will also present buy and sell signals which can be taken depending on the trading system you are using.What Is The Supertrend Indicator and How Does It Work?The Supertrend indicator is a trend following overlay on your trading chart, much like a moving average, that shows you the current trend direction.The indicator works well in a trending market but can give false signals when a market is trading in a range.It uses the ATR (average true range) as part of its calculation which takes into account the volatility of the market.  The ATR is adjusted using the multiplier setting which determines how sensitive the indicator is.


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