SuperTrend Indicator Explained: A Simple Guide for Beginners
If you’re new to trading, understanding trend indicators can feel overwhelming. One of the simplest yet most effective tools is the SuperTrend indicator . It helps traders identify the direction of the market and spot entry and exit points easily. In this guide, we’ll cover everything you need to know about the SuperTrend indicator , step by step. What is the SuperTrend Indicator? The SuperTrend is a trend-following indicator that appears directly on your chart. It follows the price trend and changes color when the trend reverses. Typically, green indicates an uptrend , and red indicates a downtrend . It is plotted over price charts and adjusts automatically based on volatility. Tip: Unlike complex indicators, SuperTrend is very visual — even beginners can use it without memorizing formulas. How the SuperTrend Indicator Works The SuperTrend is based on two key elements: Average True Range (ATR): Measures market volatility. Multiplier: Adjusts the di...