Super trend

The SuperTrend indicator is build upon on two indicators – ATR and CCI. CCI points the direction of trend movement, meanwhile ATR is used to determine the levels of indicator.

View indicator on the chart.

*Note! Upon installation, the indicator has default settings, which are not appropriate for all instruments and time frames, therefore, it should be customized.

Calculation formula of the SuperTrend

UpperLevel=(High[i]+Low[i])/2+Multiplier*Atr(Period);

LowerLevel=(High[i]+Low[i])/2-Multiplier*Atr(Period);

In order to add and set this indicator, open Indicator Settings.

Common

Sourse– setup of the indicator calculation parameters:

• Open
• High
• Low
• Close
• Volume

Period- quantity of ATR's calculation periods.

Multiplier - volatile multiplier, calculated by ATR.

Drawing.

Panel-selection of the indicator position on the chart:

• New panel.
• Chart.

Down trend

Show value-display of the indicator value on the left on the price scale.

Show zero values

Scale - if this option is on, the scale is calculated automatically based on the minimum and maximum values of the indicator to fit the latter in the chart.

Color-color setup of the indicator.

Visual type– visual setup of the indicator display on the chart:

• Line
• Histogram
• Hash
• Block
• Cross
• Square
• Dots
• Up arrow
• Down arrow
• Axis label
• Hide

Line style- setup of the line display:

• Solid
• Dash
• Dash-dot
• Dash-dot-dot

Width-width setup for the index line.

The Up trend line has the same visual settings as the Down trend line.