supertrend in A Sentence
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Double Supertrend Trading System.
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In the coming week, we will look at how one of the most popular indicators Supertrend is also a derivative of the ATR.
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Double Supertrend Trading System keeps you away from the hassle of drawing and updating the support/resistance levels of the market on a daily basis.
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Today's paper Double Supertrend Trading System keeps you away from the hassle of drawing and updating the support/resistance levels of the market on a daily basis.
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However when you view this indicator in real time you will often find that it changes colour in the middle of a bar or candle, and for example, if it suddenly changes from red to green, you could take a long position, but the price could drop back and the Supertrend would go back to being red if it occurred in the same period.
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