The Super Trend indicator is calculated on using the ATR values to shift the indicator from the average price. When the price touches the Super Trend indicator line, it turns in the opposite direction. The advantage of the Super Trend indicator is that it only moves in the direction of the trend.

Super Trend is great for determining the current market trend. The indicator clearly shows the difference between an uptrend and a downtrend. If the indicator is flat, makes short movements up and down, this means that there is no trend in the market.

To trade on a trend, you can use the SuperTrend indicator on a daily timeframe, and then use an 8-hour or 4-hour chart to determine market entry opportunities.

• The classic Super Trend indicator without deviations from the original formula.
• The user can specify the ATR Multiple multiplier, which is set to 1 by default in the original formula.
• The user can also specify the ATR Period, which is set to 10 by default in the original formula.