A volatility formula based only on the high-low range would fail to capture volatility from gap moves. Supertrend does not predict the direction, rather once the direction is stabilised it will guide you to initiate a position and suggests you stay in the position till the trend sustains.Īverage True Range (ATR) is an indicator that measures volatility. The indicator line changes its colour between green and red based on the price movement in the underlying. The supertrend indicator is plotted on the price chart of the stock or the index. It is really simple to use.īefore understanding the supertrend indicator formula, understanding the ATR is necessary as supertrend employs ATR values to calculate the indicator values. This indicator is overlaid on the price chart and the direction of the arrow shows you the current trend. If you are an intraday trader or you want to make quick trading decisions based upon technical analysis then Supertrend Indicator will make things easier for you. So are you wondering, what is the Supetrend Indicator? Get ready because you are going to become rich after using the supertrend indicator for intraday trading. The Supertrend indicator is simply one of the easiest trend trading system yet it is very effective. In this post, you will learn about the supertrend indicator that gives buy sell signals and will help you to maximise profits and reduce risk in intraday trading. 7 Disadvantages of Supertrend Indicator.5.2 Best Settings For Supertrend Indicator.5.1 What is period and multiplier in Supertrend?.5 Supertrend Indicator Settings For Intraday.I hope whoever is responsible actually takes an hour or two to understand and think how their product works instead of just putting half baked features that need external apps to actually get any stuff done. Its not like kite uses their own charts, they get info from tradingview, so i dont know why i should even consider to keep my watchlist there us its only going to function as a glorified excel sheet. If you want to diversify your portfolio with more than two assets then its even pointless to keep track of your assets from their watchlist. You can buy stocks from there but after you have bought them there is no information about what you have bought and how they have been performing. There is an option to make portfolios under watchlist. The consol is utterly useless and is only there only to increase the feature set instead of actually helping me analyse my holdings. There are features given which do not help in any way. I am not sure kite even has any product managerĪpart from the technical difficulties related to finance and apis, the app is a hot pile of garbage. Imagine how painful it is for a user to keep following up with support to get something done even after writing tons of emails and opening tickets. One thing which can happen right away is a follow up. I hope you take this feedback and try to improve the service. Thanks to this incident, I did not setup the mandate again. I’m writing this after two or three months since the incident. I’m happy that you finally did but at what cost? I lost so much time (which won’t come back) trying to get it fixed but like a typical corporate both bank and Zerodha keep passing the ball and this incident has caused so much frustration and anger in me. After roughly two months of back and forth with both the parties, Zerodha finally deleted the existing mandate. No one was ready to take the responsibility. The bank says it’s Zerodha’s responsibility and Zerodha says it’s bank who has to disable/delete it. I can not explain the painful journey of frustration and anger I had in order to get this done. I had setup the bank mandate and wanted to change the mandate to another bank. Horrible experience with bank mandate setup
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