Super Trend Profit: A Beginner-Friendly Forex Trading Strategy
Description: Super Trend Profit is a user-friendly forex trading strategy designed for beginner traders. It utilizes a custom-made moving average, named Super Trend Profit, which simplifies trading decisions by clearly signaling when to buy and sell. The indicator changes color based on market trends, making it easy to interpret.
Key Features::
Platform: Metatrader4
Currency pairs: All pairs, recommended majors
Trading Time: Any
Time-frame: M30 and Higher
Indicator Characteristics:
Visual Signals: The Super Trend Profit indicator displays "BUY" and "SELL" signals directly on the chart.
Textual Information: Current trend direction and trading signals are shown in the upper left corner of the chart.
Color Changes: The indicator turns light blue in a bullish market and red in a bearish market.
Sound Alerts: Provides sound signals and on-screen messages at points of trend changes.
Accuracy: The developers claim an accuracy of 85-90% without repainting.
Trading Rules:
Long Position:
Trend Confirmation: The major trend should be up. Confirm this by checking the information displayed in the top left corner of the chart.
Trading Signal: The current trading signal should be up.
Indicator Color: The Super Trend Profit indicator should be light blue.
Stop Loss: Place the stop loss just below the recent swing low.
Exit (Take Profit): Exit the trade when the Super Trend Profit indicator turns red.
Short Position:
Trend Confirmation: The major trend should be down. Confirm this by checking the information displayed in the top left corner of the chart.
Trading Signal: The current trading signal should be down.
Indicator Color: The Super Trend Profit indicator should be red.
Stop Loss: Place the stop loss just above the recent swing high.
Exit (Take Profit): Exit the trade when the Super Trend Profit indicator turns light blue.
Optimal Conditions:
The system performs best in trending markets rather than flat or sideways markets.
Ideal for time frames H1, H4, and D1, where trends are clearer.
Conclusion: The Super Trend Profit indicator is a trend-following system that simplifies trading decisions with its clear visual and textual signals. It is particularly useful for beginners due to its straightforward approach and high claimed accuracy. However, it works best in trending markets, and traders should avoid using it in sideways market conditions.
You may buy this awesome Super Trend Profit Indicator just only for 7.45$.
RISK DISCLAIMER:
The application shown on this page does not consider your personal circumstances and trading objectives. Therefore, it should not be seen as a personal recommendation or investment advice. Past performance is not indicative of future results. There is no guarantee that the systems, trading techniques, methods, expert advisors (EAs), scripts and/or indicators will lead to profits or prevent losses.