Supertrend is a trend following indicator that helps traders identify market direction. It appears as a line on the price chart.
When price stays above the Supertrend line, the trend is considered bullish. When price stays below, the trend is bearish.
Supertrend is popular among intraday and swing traders due to its simplicity. However, it can give false signals in sideways markets.
Using Supertrend with support, resistance, or volume improves reliability.
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