Supertrend with Buy/Sell Signals

21 בינו׳

This simple Supertrend with Buy/Sell Signals is a trend-following indicator that helps identify market direction and potential entry/exit points. It uses the Average True Range (ATR) to calculate a dynamic support and resistance line:

Buy Signal: A green "BUY" label appears when the price crosses above the Supertrend line, indicating a possible bullish trend.

Sell Signal: A red "SELL" label appears when the price crosses below the Supertrend line, signaling a potential bearish trend.

The indicator also adapts to market volatility and displays the trend line in green for uptrends and red for downtrends. It is best used in trending markets.

21 בינו׳

הערות שחרור

This Supertrend with Buy/Sell Signals is a trend-following indicator that helps identify market direction and potential entry/exit points. It uses the Average True Range (ATR) to calculate a dynamic support and resistance line:

Buy Signal: A green "BUY" label appears when the price crosses above the Supertrend line, indicating a possible bullish trend.

Sell Signal: A red "SELL" label appears when the price crosses below the Supertrend line, signaling a potential bearish trend.

The indicator also adapts to market volatility and displays the trend line in green for uptrends and red for downtrends. It is best used in trending markets.

***UPDATED*** to v6 and to allow for text color changes.