NOM - N°568
In less than expected, I am going to do a live session; I had planned to do it on Sunday, but for some reasons that we already know, this cannot wait.
Info on the way, and the new world order is already operating... Meanwhile, educational project from
#TeamTekaAcademy #TekaCueva and
#Tekacoin 🚀 What is the SUPER (Supertrend) indicator in trading?
The SUPER or Supertrend is a trend indicator that helps identify when the market is bullish or bearish in a very visual and simple way 📊
It is based on volatility (ATR), so it adapts to price movement.
🔹 SUPER (Supertrend): it is displayed as a line that changes color and position according to the trend.
📈 Bullish trend (BUY):
🟢 Green line
📍 It is located below the price
➡️ Indicates that the market is in a bullish phase.
📉 Bearish trend (SELL):
🔴 Red line
📍 It is located above the price
➡️ Indicates that the market is in a bearish phase.
⚡ Key signals:
🔄 When the price crosses the Supertrend, it may indicate a change in trend.
🛑 Works very well as a dynamic stop (trailing stop), following the price as long as the trend remains active.
💡 The higher the volatility, the further the line moves away from the price; when volatility decreases, it comes closer.
📊 Conclusion:
The Supertrend does not seek overbought or oversold zones but aims to show the clear direction of the market.
It is ideal for:
Confirming trends 🧭
Keeping open trades 📈
Defining exits with discipline 🛑
📌 It works best when combined with momentum indicators like RSI or StochRSI to avoid false signals in sideways markets.