Super trend intraday trading strategy | Super trend intraday trading strategy tamil | Supertrend
Автор: Tamil Share Trend
Загружено: 2020-08-09
Просмотров: 2750
Описание:
In this Video I have explained about Super trend Indicator.
Disclaimer *
The videos are strictly for educational purposes and do not suggest buying or selling any stock.
There are just my personal views based on the technical knowledge and experience I have.
We neither guarantee profit nor are responsible for the loss of any recipient.
The recipients of this material should seek their professional advice before taking action on this information.
The recipient is advised to read the information carefully before making any investment.
Always understand the trend before investing in the stock market or do paper trade for a few days.
Super trend:
Before understanding the supertrend indicator, understanding the ATR is necessary as super trend employs ATR values to calculate the indicator values.
The supertrend indicator is plotted over the price chart of the stock or the index.
The indicator line changes its color between green and red based on the price moment in the underlying.
What should you know?
A buy signal is generated when the stock/index price turns greater than the indicator value. At this stage, the indicator color turn green and you can also see a crossover of the price versus the indicator (price greater than indicator value)
A sell signal is generated when the stock/index price turns lesser than the indicator value. At this stage, the indicator color turn red and you can also see a crossover of the price versus the indicator (price lesser than indicator value).
How to Use Supertrend Indicator ?
In order to use the indicator, open the chart of a particular stock you want to track and set time interval of 10 minutes for intraday trading. Any good charting software can be used. Insert supertrend as your indicator and keep the settings as 10 and 3. It is possible to insert your own settings as well. Now start tracking when the signals are in your favour. Once you plot the indicator, you will find pictures as shown in the charts here. Follow the arrows for the signals to buy and sell the stocks.
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