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Yeah wow, i am surprised that there aren't any one talking about it. I use it and its a critical indicator for me in my trading. i confirm the move with the MACD.
Exported using NT Version 7.0.1000.11
This is a new implementation of the TradeStation SuperTrend indicator for NinjaTrader 7. The SuperTrend indicator is an application of the concept of MAE (maximum adverse excursion), which was introduced by John …
For me it is bollinger bands. I use psar on daily to trade in that direction then enter and exit when bollinger on the hourly is opposite. For example if psar is up (price trending up) I enter when price hits bottom bollinger and exit at the top of the bollinger.
