Supertrend
Supertrend is a technical analysis indicator that helps identify the current trend direction and possible entry or exit points.
It is based on ATR (Average True Range) and a multiplier factor, which allows it to account for market volatility.
Indicator Structure
- The indicator is displayed as a line that switches above or below the price chart
- A line below the price indicates an upward trend signal (LONG)
- A line above the price indicates a downward trend signal (SHORT)
How to Enable Supertrend on the Exchange
- In the exchange terminal, click Indicators
- Type Supertrend in the search field
Parameter Settings
- Timeframe — the number of candles used to calculate ATR
- Factor — the multiplier applied to ATR, usually from 1 to 3
- Higher Factor → less sensitive indicator, filtering out more noise
- Lower Factor → more sensitive Supertrend to price changes
Using in the Bot
- Price > Supertrend — the bot starts if the price is above the indicator line. This is a LONG signal
- Price < Supertrend — the bot starts if the price is below the indicator line. This is a SHORT signal
