SuperTrend works better on markets that tend to trend
The SuperTrend indicator works better on markets that tend to trend.
You will get better results by finding Markets that have trended in the past – these have a much higher tendency to trend in the future.
- Scan through charts showing a long time-frame.
- Look for markets that have tended to trend smoothly over the years.
- It must not be too volatile or spent too long stuck in ranges.
Source: https://www.tradinformed.com/calculate-supertrend-indicator-using-excel/
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