Super Trend Profit is a forex trading strategy. It is a very good forex trading system for the beginner traders as it signals you when to buy and when to sell which is clearly displayed on the chart. Super Trend Profit consists of nothing more than a custom made moving average. The main signal generator and the backbone of this forex trading strategy is this moving average which is named Super Trend Profit. When you trade with this system you can actually see textual information that is displayed on the main chart. The textual information here means “BUY” and “SELL”.
Another advantage you can get by using Super Trend Profit forex trading system is that you get to know the current trend of the market and the current trading signal (buy or sell). You can see this info on the top left corner of the main chart window. When you install the Super Trend Profit forex trading system on your metatrader correctly, your chart should look like this:
As you can see in the above picture that Super Trend Profit indicator is just a moving average that changes the color as the trend changes. When the market is bullish the super trend profit indicator is light blue in color and it is red when the market is bearish. Without any doubt this system is a trend following system. Therefore, the system works best on trending market conditions rather than in flat market or it’s even better to ignore trading in sideways market.
H1, H4 and D1 time frames would be perfect for Super Trend Profit system due to the reason that the trend are more clearer on these time frames.
Buying Conditions Using Super Trend Profit system.
- Major trend should be up. This can be found out by looking at the information that is displayed on the top left corner of the main chart window.
- Current Trading signal should be up. This can be found out by looking at the information at the top left corner.
- Super Trend Profit indicator should be light blue in color.
- Place your stop just below the recent swing low.
- Take profit when the Super Trend Profit indicator turns red.
Selling Conditions Using Super Trend Profit System.
- Major trend should be down. This can be found out by looking at the information that is displayed on the top left corner of the main chart window.
- Current Trading signal should be down. This can be found out by looking at the information at the top left corner.
- Super Trend Profit indicator should be red in color.
- Place your stop just above the recent swing high.
- Take profit when the Super Trend Profit indicator turns light blue.
Open demo account to test this system.
Download Free Forex Super Trend Profit
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