| 16 comments ]


Introduction

It is the ideal tool to accompany the tendencies and to optimize your exits. Super Trend evolves with the top or the lower part of the prices according to the developed tendency. It accompanies the prices as a following stop with the difference that this one does not progress or is not closed again on the prices during the zones of congestion. That gives more space and time to the prices to evolve, you thus giving the possibility of collecting a more important movement. You will be able to use it as indicating of exit as soon as this one changes direction or to position stops of protection.

Application of the method

Point entrance: Generally it is preferable to privilege the positions purchasers when Super Trend evolves with the lower part of the prices and a contrario it is preferable to take only positions sales when Super Trend evolves with the top of the prices. It is possible to reinforce its position when the course comes to type on the super trend without crossing it.

Point exit: The exit is carried out when Super Trend changes direction.
However, the stops loss must be placed a little at the top or below super trend according to the direction of the position. The larger the unit of time will be, the more it would be necessary to draw aside its stop of the super trend. Indeed, it often happens that the wicks of the candlesticks cross the super trend and that the fence of the same candlestick is done finally on the super trend for after involving a rebound of the course.



Summary

Advantages: Allows to benefit from great movements; Do not stick to the prices and thus avoids many forgeries signals in the event of side tendency or of correction of the market; Be used on all the time bases; Offer very good performances; simple of use

Disadvantages: The stops of protection are often distant owing to the fact that the super trend does not stick to the prices;

16 comments

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Unknown said... @ February 19, 2015 at 4:15 AM

As per the iforex Market trend for today it is suggested to Buy GBP/USD Above 1.5441-TG: 1.5461/1.5491 SL 1.5411.

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Md Imtiaz said... @ October 12, 2015 at 4:01 AM

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Unknown said... @ December 30, 2016 at 4:39 AM

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dolly chaudhary said... @ June 20, 2018 at 4:11 AM

Q: Which platform to use with this software?
A: You can use any trading platform! Yes, you can use MetaTrader 4, MetaTrader 5, TradeStation, NinjaTrader... because the software runs on dedicated computers and you only need a web browser to get the instant result online.
Q: How many currency pairs does Forex Trendy scan?
A: It scans 34 Forex pairs on 9 time frames from 1-minute to monthly. Together 34 pairs x 9 time frames = 306 charts.
Q: What method is used to determine the trend?
A: The trend reliability is determined by the "Trend Drawdown" - a method that uses no indicators, but pure price action. This method is explained in the ebook you will get in the subscription.
Q: Which configuration do I need?
A: Use the latest version of any major web browser (Internet Explorer, Firefox, Chrome, Safari, Opera...)
Q: Does it work on mobile devices?
A: Yes, it has been tested on several mobile devices and browsers.
Try it now:
==> http://www.forextrendy.com?laush394758
"I really like your idea of taking only the best trending pair and even time frame. I am very impressed with such a simple and effective approach. I am not a tech guy and I am amazed how it works online without anything to install... I just log in two times a day and check for any interesting pairs."
Stephen Ross, NY
"I use this software every day together with my own system and two EAs. I execute trades only when trend drawdown is below 15% so I decreased the trade frequency, but I got two times better results. I am also interested in pattern recognition, I haven't tried it yet, but it looks amazing!"
Julien Labonne, Florida, USA
"I would highly recommend this service to anyone serious about forex trading. Another one that gives back much more than he receives. The real value for such a low price is rare in the forex industry."
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