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Xsuper Trend Candles

October 27, 2015 by Dominic Walsh Leave a Comment

Xsuper Trend candles is a forex trading strategy. Xsuper Trend candles system is very simple forex trading strategy. Its simplicity and its reliability is what make it stand out from most of the trading systems. The charts look really beautiful and very clean too. The signals generated by the Xsuper Trend Candles are crystal clear and doesn’t create any confusion while making trading decisions. Xsuper Trend Candles system can be used to trade on any time frames with any currency pairs. You can trade in any kinds of market circumstances as well. But trading on higher time frames with trending market conditions are always preferable, it simply increases probability of winning the trade because trend is our friend.

Xsuper Trend Candles system consists of customized candle bars that are green and red in color. We will be opening position in the market on the basis of these candles’ color. We would look to buy when the candles are green and sell when the candles are red. Our main strategies is to find a market that is up trending and wait for the correction, and then wait for the end of the correction and buy when the green candles begin to form. Similarly in a down trending market wait for the pullback, and then wait and watch when the pullback actually ends and then enter a sell position when the candles start to turn red.

It is really simple to trade with Xsuper Trend Candles but you should strictly follow the rules of the system with complete self discipline. It is the only way to make money in this market. Break the rules once and you are gone.

When the Xsuper Trend Candles is correctly loaded on your trading platform your chart should look like this:

Xsuper Trend Candles

As you can see above Xsuper Trend Candles system is nothing more than a custom made candlestick bars. These bars are different from ordinary candles since they use different algorithms to define bullish and bearish bar.

Buying Conditions Using Xsuper Trend Candles.

Xsuper Trend Candles

  • Find a currency pair that is up trending.
  • Wait for the correction, end of the correction and enter when bullish candles start to form.
  • Place your stop just below the recent swing low.
  • Take your profit when the candles begin to turn red.

Selling Conditions Using Xsuper Trend Candles.

Xsuper Trend Candles

  • Find a currency pair that is down trending.
  • Wait for the correction, end of the correction and enter when bearish candles start to form.
  • Place your stop just above the recent swing high.
  • Take your profit when the candles begin to turn green.

Open demo account to test this system.

Download Free Forex Xsuper Trend Candles

Xsuper Trend Candles

Filed Under: Free Metatrader Indicators Tagged With: Candle indicator

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