Another very popular indicator is Super Trend, which task is to show prices on the chart when the trend changes. It is located in the Trend Indicators section.
and looks something like this:
You can specify the color, type and width of the indicator lines in them.
Work on this indicator is very simple. If the indicator line has turned green and the price is above it, we can safely buy, and if the line has turned red and the price is below it, we sell.
A big drawback of the Super Trend indicator is lag. As a filter for losing trades, you can take into account the readings of oscillators or volatility indicators.
You can also use Super Trend as a confirmation of your trading system entries. We wish you profits.