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Trend
Supertrend
STDraws a single line above or below price using ATR-based bands around the median price. When price crosses the line, the trend direction flips. Traders use it as a simple trend-following overlay and trailing stop.
Tips
A higher multiplier widens the band and produces fewer signals but catches larger moves; lower multiplier reacts faster but whipsaws more
Combine Supertrend with volume confirmation; flips on low volume are more likely to be false breakouts
Parameters
Period
2 - 100
Multiplier
1 - 5