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Description of the indicator
The SuperTrend Indicator is a powerful, easy-to-use tool that overlays directly on your price chart to provide real-time trend direction and high-probability entry/exit signals. Perfect for scalpers, swing traders, and intraday strategies, it dynamically adjusts to market volatility using ATR (Average True Range) and reacts quickly to trend reversals.
Key Features
- Real-time trend shifts with colored signals
- Clear buy/sell signals based on price crossing the trend line
- Built-in smoothing to filter out market noise
- Works on all timeframes and all instruments (Forex, stocks, crypto, indices)
- Ideal for both beginners and advanced traders
- Can be combined with any strategy (EMA, price action, support/resistance)
Input Parameters
Parameter Description
ATR Period Defines how many bars to calculate the Average True Range. Default: 10
Multiplier The factor applied to ATR to offset the SuperTrend line. Default: 3.0
How to Use
Buy Signal: Price closes above the SuperTrend line → trend is bullish
Sell Signal: Price closes below the SuperTrend line → trend is bearish
Combine with other confirmations for best results (e.g., RSI, EMA, candlestick patterns)
Best Practices
Use on H1 or higher for cleaner trend detection
Add ATR or Volume indicators for additional context
Use as confirmation in a multi-indicator strategy or standalone for trend-following