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| SuperTrend is a popular technical analysis indicator used by traders to identify the current trend in the market and potential buy or sell signals. The indicator is displayed as a line on a price chart, and it changes color depending on the current trend of the security. When the line is green, it indicates an uptrend, while a red line indicates a downtrend. Traders can use the SuperTrend indicator to identify potential entry and exit points in the market. For example, a buy signal may be generated when the price crosses above the SuperTrend line, while a sell signal may be generated when the price crosses below the SuperTrend line. |
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