Super trend
A Super Trend is a trend following indicator similar to moving
averages.
It is a very simple indicator and is constructed with the help of just two parameters- period and multiplier.
When we construct Super Trend indicator, the default parameters are 7 for Average True Range (ATR) and 3 for its multiplier.
تـــابع الصور
Here we are using Supertrend indicator with ATR 7 and multiplier
3.
Buy Rules:- Buy when price closes above supertrend, we will buy above high of closing candle.
Sell Rules:-
1. Sell when price closes below
Sunertrand we will sell below low of closing candle
Stop loss :
trail SL according to supertrend .
Keep SL and target ratio minimum 1:2
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