How to use studies named MACD, Supertrend, Bollinger Bands at the sametime plotted on chart for intraday and delivery?
We need complete detailed explanation of these combined studies and if any other study combination required than also tell us.
This is not how it works.
Understand the functioning of each indicator and use them on the basis of your own discretion. You can combine hundreds of indicators together to get a “confirmation” but they should be complimenting each other and not confusing you.
Bollinger bands can be used to understand the volatility of a stock at a point of time and extremity of a move that has happened.
MACD can be used to understand the momentum or strength of a trend. Look for its divergence with price and try to find the reversals
Supertrend gives you buy or sell signal when a certain ATR multiple of certain time period gets breached either from downside or upside.
Anyways, here you go :
https://www.tradingsetupsreview.com/simple-day-trading-strategy-bollinger-macd/
https://www.forexstrategieswork.com/bollinger-bands-macd-strategy-trend-friend-strategy/
Along with this you can use supertrend indicator on lower time frame to time the entries if you wish to.
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