Super Trend
ETP Super Trend is an indicator used in technical analysis that allows you to identify trends and provides you with both potential buy and sell signals. It alternates between 2 colors (green and red – default colors), indicating whether the market is in an uptrend or in a downtrend. The Super Trend is a trend following indicator overlayed on your chart and the current trend can simply be determined by its placement vis-a-vis price.
Available platforms: TradingView
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Take a look at the main features below:
- Two different calculation methods - you can choose from two different methods, depending on your trading style (ATR or Adaptive).
- Visual signals - you can choose to have an arrow plotted on your chart once the indicator signals a potential trend change.
- Display customizable parameters - Here you can choose the coloring parameters dedicated for plots and alerts.
- Indicator legend - with the indicator legend on your chart you have the ability to see the main parameters settings without having to open the inputs window.
- Different types of alerts - Bars painting, Background painting, and Message Alert - once a potential signal is generated.
