Blog : SuperTrend Indicator

SuperTrend

Uses ATR and a multiplier to indicate the direction of the trend.

SuperTrend Inputs
Trend Following Mean Reversion
ATR Length 10 ATR Length 10
Factor 3.0 Factor 3.0
SuperTrend Long - Entry Trigger Long - Exit Trigger Short - Entry Trigger Short - Exit Trigger
Trend Following Up Trend Shift (Red to Green) Down Trend Shift (Green to Red) Down Trend Shift (Green to Red) Up Trend Shift (Red to Green)
Mean Reversion Down Trend Shift (Green to Red) Up Trend Shift (Red to Green) Up Trend Shift (Red to Green) Down Trend Shift (Green to Red)
SuperTrend Long - Entry Confluence Long - Exit Confluence Short - Entry Confluence Short - Exit Confluence
Trend Following Up Trending (Green) Down Trending (Red) Down Trending (Red) Up Trending (Green)
Mean Reversion Down Trending (Red) Up Trending (Green) Up Trending (Green) Down Trending (Red)