in this post i have uploaded supertrend indicator with new and latest price action strategy it gives you best buy sell signal in the market .
there are two strategies plotted on the chart as you can see below.
There are more than 50 + intraday buy sell indicator available on our website –click here
- supertrend indicator afl with buy sell signal
- price action indicator it also gives you best intraday signal in any stock
- now it is combined with best intraday afl and both gives you filterize signal .
- its the same like as the moving average but it has modified moving average with good accuracy .
- it gives you realtime stop-loss price as well.
- it gives you 3 targets.
Conditions for how to use super trend indicator?
Buy : when smooth moving average turns green and supertrend also gives you buy signal then its a good place for buying so you need to follow both of them indicator .
Sell : when smooth moving average turns red and supertrend also gives you sell signal then its a good place for selling so you need to follow both of them for better entry and exit .
Pull back strategy : when supertrend gives you buy but candle is very far away from modified ma so you need to wait for pullbacks when candle come near ma and signal is buy then you should look for buy near ma as you can see in the above image candles are very big and far away from moving average in buy condition so you should look small candles and candles should be near moving average in both buying and selling condition .
This strategy is also called Supertrend crossover AFL because in this we work on crossover as well.
Best area of buying and selling is pullback strategy you need to follow this for better results .
Must read : 100+ best afl collection click here
How to use supertrend afl in amibroker ?
- Download the code after 20 seconds of timer .
- refer this page for installation .
- apply on chart and enjoy .
Wait 20 second for downlaod link and scroll below and click on download file to download
Note : if u need double supertrend afl /triple supertrend afl /Heiken ashi Supertrend AFL you can write us or mail us we will post further .