200 DEMA with Supertrend for Long and Short positions
Here I am using 200 DEMA(Purple line) along with Supertrend(12,3) setting to enter Long positions when close is greater than 200 DEMA and Supertrend is positive(Green). Short positions initiated when close is lesser than 200 DEMA and Supertrend is negative(Red).
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.