The indicator is easy to use and provides an accurate direction about an ongoing trend.
Aggressive – when changing the color of the indicator to the opposite.The trading rules of the SuperTrend indicator are explained below.Įxit trade / take profit is possible in two ways: The indicator is displayed as blue and red line that is plotted on price bars and these colors indicate the current trend – upward or downward. As the name suggests, the “Supertrend” is a trend-following indicator just like moving averages and MACD (moving average convergence divergence). The Supertrend indicator is a custom forex indicator that generates accurate buy and sell signals in a trending market.
