IndicatorsIntermediate
Supertrend
A line that trails price at a distance based on volatility, green below price and red above it.
- What it means
- Green below price points to an uptrend; red above price to a downtrend.
- What to watch
- The moment it flips colour, and whether price respects the line on pullbacks.
- How Compass-Alpha uses it
- Background only; not used in any figure on Compass-Alpha.
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More in Indicators
Moving averages
The average closing price over a set number of days, drawn as a smooth line (for example 20 or 50 days).
RSI (Relative Strength Index)
A 0 to 100 measure of how strong recent gains are compared with recent losses.
MACD
Moving Average Convergence Divergence: the gap between a fast and a slow average, with a signal line.