It works properly also on daily phase on 11- period (signals similar to supertrend)
Supertend can be a good indicator not only for closing but also for reversing portfolio after a peak in other standard indicators, like vortex and Random Walk.
on intraday charts, levels of 40 and 60, combining wiht MMA are too histerycal...
HOWEVER intraday RSI<>50 and MMA40 are really a good indicator set to operate with.
Any source
Supertend can be a good indicator not only for closing but also for reversing portfolio after a peak in other standard indicators, like vortex and Random Walk.
on intraday charts, levels of 40 and 60, combining wiht MMA are too histerycal...
HOWEVER intraday RSI<>50 and MMA40 are really a good indicator set to operate with.
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