You can just go thru this post:
Although Supertrend works on all timeframes, but 1 min timeframe is very impulsive of nature and might not be that concrete unless u r scalping mere paise profit with huge qty. If following supertrend strategy either use trend following indicator like macd in same time frame or use multiple time frame combo like say 15 min - 5 min or daily - 1 hr etc. Take action only when lower timeframe gives signal corresponding to higher timeframe…
Summary for same time frame:
MACD positive cross over, supertrend signal buy (Green arrows) - buy above high of signal candle
MACD negative cross over, supertrend signal sell (Red arrows) - sell below low of signal candle
Summary for multi-time frame:
15 min - positive, 5 min positive - buy above high of 5 min signal
15 min - negative 5 min negative - short below low of 5 min signal…