Extra indicators
SuperTrend
A single line below the price in an uptrend (green) and above it in a downtrend (red), set a few ATRs away.
L’idée en termes simples
It is a trailing stop that adapts to volatility: in calm markets it stays close, in wild markets it gives more room. When the price closes beyond it, the trend is considered to have flipped.
Mode de calcul
Bands are placed a multiple of ATR above and below the candle's midpoint; the line only moves in the trend's direction and switches sides when the close crosses it.
Upper = (high + low) ÷ 2 + multiplier × ATR, Lower = (high + low) ÷ 2 − multiplier × ATR
Uptrend: line = lower band (never moves down); downtrend: line = upper band (never moves up)
Defaults: ATR 10, multiplier 3Comment l’utiliser
- Follow the trend while the line is green; step aside or reverse when it turns red.
- Use the line as a trailing stop.
Tirer des conclusions
- Fewer, later signals than moving average crossovers, with fewer whipsaws.
Exemple
In a two-month NAS100 uptrend the green line trails 2–3% below the price, then flips to red during a sharp sell-off.
Les prix des exemples sont donnés à titre d’illustration.
Points de vigilance
- In sideways markets it will flip back and forth and lose.
Un peu d’histoire
Commonly credited to the French trader Olivier Seban.
Contenu éducatif uniquement. Aucun indicateur ni aucune figure ne prédit l’avenir, et rien ici ne constitue un conseil en investissement.