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Supertrend Strategy

The **Supertrend Indicator** is a popular trading tool used to identify market trends and potential buy or sell signals. It overlays on price charts and is derived from the Average True Range (ATR). By adjusting its sensitivity through the ATR multiplier and period settings, traders can use it to capture trends effectively.

- **Buy Signal**: Generated when the price moves above the Supertrend line, turning it green.
- **Sell Signal**: Occurs when the price drops below the line, turning it red.

The Supertrend is particularly useful in trending markets but may produce false signals in choppy conditions. It is often combined with other indicators for confirmation.
Pine utilities

开源脚本

本着真正的TradingView精神,此脚本的作者已将其开源,以便交易者可以理解和验证它。向作者致敬!您可以免费使用它,但在出版物中重复使用此代码受网站规则约束。 您可以收藏它以在图表上使用。

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