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The SuperTrend Indicator is an excellent way to identify the existing marketplace trend. The indicator displays an obvious distinction between uptrends and downtrends. When the indicator is usually smooth and flipping from above to below it demonstrates there is absolutely no trend currently.

Trend followers may use SuperTrend about the daily timeframe to recognize the main trend and use the one hour or 30min or 15min chart to recognize trade entry

Learn more about supertrend and its calculation.
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