Supertrend Indicator v1.1
Logo de "Supertrend Indicator v1.1"
06/08/2025
1
Desktop
Since 04/05/2025
Ventes
14
Image mise en ligne de "Supertrend Indicator v1.1"Image mise en ligne de "Supertrend Indicator v1.1"Image mise en ligne de "Supertrend Indicator v1.1"Image mise en ligne de "Supertrend Indicator v1.1"

This Supertrend indicator is a powerful trend-following tool designed to be placed directly over a price chart to provide clear, visual signals about the market's direction. Its primary goal is to help traders identify and follow trends with greater confidence.

Core Function: Trend Identification

The indicator's main purpose is to determine whether the market is in a bullish (upward) or bearish (downward) trend.

  • Bullish Trend: When the market is trending upwards, the indicator plots a green, discontinuous line below the price bars. This visually confirms bullish momentum.
  • Bearish Trend: In a downward trend, it plots a red, discontinuous line above the price bars, confirming bearish control.
  • Trend Reversal Signal: The most critical signal occurs when the trend changes. This happens when the closing price of a bar crosses the current Supertrend line.
    • A bullish trend ends and a bearish one begins if the price closes
      below the green line.
    • A bearish trend ends and a bullish one begins if the price closes
      above the red line.


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