You can put it at the red signal line for a short position. The best strategy to make the most money in trading is to combine a supertrend with a stop loss pattern.
In a trending market, a 'Supertrend' indicator might offer you a precise buy or sell signal. 'Supertrend,' as the name implies, is a trend-following indicator similar to moving averages and MACD (moving average convergence divergence). It is based on prices, and the position of the prices reflects the current trend.
The MACD (Moving-Average Convergence/Divergence) line is the most used technical indicator. Along with trends, it also indicates a stock's momentum. In order to forecast a stock's future direction, the MACD line evaluates its short-term and long-term momentum.
Bollinger Bands, Moving Averages, Supertrend, and other lagging indicators are examples of lagging indicators since they appear after a price move has occurred.
Learner's Ratings
4.5
Overall Rating
78%
7%
10%
0%
5%
Reviews
B
Bhimani Nirbhay
5
good l
M
Mohd Abdullah
4
Nice
A
Akash Kumar
5
NA
B
Bhupendra Yadav
5
Sir Its Very Ausome Course And Your Tecnic Is Very For Teaching
D
Deepanshu Singh
5
Best Technical Analysis Course....
M
md arman
5
i watch this 4,5 times but really i don't understand the topic.
P
Parshuram Bagade
5
Very nice explaination about stock market
S
Subham Kumar sahu
5
Option trading course
P
Prasoon Dixit
5
As we know in fundamental basics we need to follow the two approaches 1 top-down approach 2nd Bottom-up approach.Kindly give some examples of bottom-up approach and top-down approach,(Discussion box?)
Share a personalized message with your friends.