The Supertrend is a popular trend-following technical indicator that plots a continuous line above or below the price chart to signal the prevailing trend direction and provide dynamic support and resistance levels. It is constructed using the Average True Range (ATR) multiplied by a sensitivity factor, added to or subtracted from the midpoint of the candlestick's high-low range. When the Supertrend line is below the price and coloured green, it signals a bullish trend — serving as a dynamic support level and a trailing stop for long positions. When the line is above the price and coloured red, it signals a bearish trend. The indicator generates a buy signal when the price crosses above the Supertrend line and a sell signal when the price crosses below it. The Supertrend is particularly popular among Indian retail traders and algorithmic trading systems because of its simplicity, clear visual signals, and effectiveness across multiple time frames — from intraday to weekly charts. It is widely used for Nifty 50, Bank Nifty, and mid-cap stock trading, often combined with RSI or volume indicators to filter false signals in choppy markets.
For android only
