Detecting Market Regime With the SuperTrend Indicator.

A Visual Way of Using Technical Indicators to Understand the Current Regime.

Color-coding charts can be helpful to determine the market’s state when we want to take a quick glance at the charts. True we might be able to determine the trend visually or by using moving averages, but we can also use other indicators and transform the chart so that it reflects the indicator’s values. This article will discuss how to do that. The aim…