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SuperTrend indicator

The SuperTrend (ST) is a simple trend indicator which uses average true range (ATR) to define the potential price trend. It can be combined with other PTMC indicators to confirm their signals.

Signals. It's very simple as the ascending/descending value of indicator shows corresponding trend direction.

Also ST displays two color bands on the chart for easier readability of its signals.

PTMC SuperT

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22.02.2017 110
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