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Supertrend indicator and a trading strategy based on supertrend is discussed in this video, and it is shown how by the help of supertrend indicator strategy we can identify changes in the direction of the market. Supertrend indicator is more commonly used in day trading strategy and scalping strategy, but supertrend in swing trading strategy can also be used effectively. Supertrend indicator can be found on Tradingview, MT4, and most of other trading platforms, and supertrend in algo trading is also very common, and many algo traders use supertrend indicator for identifying direction of the market and possible reversals. Supertrend indicator strategy can be used in Crypto market, Forex, Stocks, or any other financial markets that the prices move with the forces of supply and demand.
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DISCLAIMER:
Please be advised that I am not a licensed financial advisor or registered investment advisor, and this material has been prepared for entertainment and informational purposes only, and it is not intended to be relied upon as investment, financial, accounting, tax, legal, regulatory or similar advice, and it is not an endorsement of any provider, product or service.
Trading and investing in financial markets poses considerable risk of loss, so please make sure to do your own research or consult a certified financial or investment advisor. The information and content provided on this channel does not guarantee any particular or expected outcome.
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