Double supertrend + CPR check with MACD

16 thg 2, 2023

Wait for both ST give signal and check CPR if its wider than the previous one than there is a likely S/R in area; if its narrower then price may breake CPR area and the price may trending either way. Check MACD for an good exit point. If MACD oscillator give a signal for a weakening trend (colour change etc.) exit. An alternate way to experiment you may exit after trend weakening but may enter again if both ST are still show trend continue and MACD give a strong trend signal (colour change back to previous session).
You may then enter and wait for MACD to give an another signal for weak trend or wait till one of the ST change its signal.