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SuperTrend - the best indicator of trend change
Opening of deals on the trend will always give the maximum profit and is most suitable for beginners who do not have experience in trading in complex techniques, such as swing trading or countertrend positions. But to say that the main thing to determine the direction of the market and go at the very beginning is simple, but to determine when this moment will come much more difficult. A lot of solutions have been developed for this problem, and in this article we will consider the SuperTrend indicator, which is used to calculate several technical tools.
Characteristics of SuperTrend Indicator
Platform: Metatrader4
Currency pairs: Any
Trading Time: Around the clock, recommended European and American sessions
Timeframe: Any, recommended H1 and higher
Rules of trade by the SuperTrend
SELL:
SuperTrend is red
The price is below the red line
BUY:
SuperTrend is blue
The price is above the blue line
Save time withd software.
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