Supertrend
Moderator: Aitrus
Supertrend
A tool I've just pulled out of the box. It is similar to SAR, except that it doesn't change when price moves in the direction opposite of the current trend. Still trying to unpack it. Advice appreciated.
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“The genius of investing is recognizing the direction of the trend – not catching the highs or the lows.”
- Dean Witter
"Put all your eggs in one basket and then watch that basket."
- Andrew Carnegie
- Dean Witter
"Put all your eggs in one basket and then watch that basket."
- Andrew Carnegie
Re: Supertrend
“The genius of investing is recognizing the direction of the trend – not catching the highs or the lows.”
- Dean Witter
"Put all your eggs in one basket and then watch that basket."
- Andrew Carnegie
- Dean Witter
"Put all your eggs in one basket and then watch that basket."
- Andrew Carnegie
Re: Supertrend
This looks like a lagging indicator to me, but I don't know much about technical
Owner/creator of TSPcalc.com - "Know your numbers"
Re: Supertrend
Technical indicators of trend seem to be based on existing data.
Are the there any truly leading indicators?
“The genius of investing is recognizing the direction of the trend – not catching the highs or the lows.”
- Dean Witter
"Put all your eggs in one basket and then watch that basket."
- Andrew Carnegie
- Dean Witter
"Put all your eggs in one basket and then watch that basket."
- Andrew Carnegie
Re: Supertrend
Excellent point. I think people sometimes jump the ship too soon with the 200 day or other indicators when they get close. Sometimes it's a BIG mistake (especially with gold or nat gas).
Fund Prices2024-05-10
| Fund | Price | Day | YTD |
| G | $18.24 | 0.01% | 1.54% |
| F | $18.86 | -0.22% | -1.88% |
| C | $81.82 | 0.18% | 10.02% |
| S | $80.25 | -0.32% | 4.10% |
| I | $42.79 | 0.31% | 6.48% |
| L2065 | $16.31 | 0.16% | 7.91% |
| L2060 | $16.32 | 0.16% | 7.91% |
| L2055 | $16.32 | 0.16% | 7.92% |
| L2050 | $32.61 | 0.12% | 6.56% |
| L2045 | $14.86 | 0.11% | 6.24% |
| L2040 | $54.24 | 0.10% | 5.94% |
| L2035 | $14.31 | 0.09% | 5.58% |
| L2030 | $47.61 | 0.09% | 5.24% |
| L2025 | $13.16 | 0.05% | 3.55% |
| Linc | $25.66 | 0.04% | 3.01% |