Forex & Stocks “SUPER TREND” Trading Indicator and Strategy

DOWNLOAD “Super Trend MQ4 Trading Indicator and Template” – This SuperTrend indicator is a trend trading indicator which shows you the current market trend and possible entry signals inside of that trend.

Why SUPER TREND Indicator?

Why “SUPER TREND” indicator is the best tool to set the distance of the stop loss from the entry price based on market volatility?

The Super Trend indicator is a popular technical analysis tool used to identify the trend direction and potential entry and exit points in a market. It is a type of moving average indicator that uses the average true range, or ATR, to adjust its values based on market volatility.

The ATR is a measure of a market’s volatility and is calculated by taking the average of the true range over a specified period. The true range is the greatest of the following: the current high minus the current low, the absolute value of the current high minus the previous close, or the absolute value of the current low minus the previous close.

By incorporating the ATR into the Super Trend indicator, it can help traders adjust their stop-loss levels based on the current market volatility. When the market is more volatile, the Super Trend indicator will widen the distance between the price and the stop-loss level, which can help traders avoid being stopped out too early.

The “SUPER TREND” indicator can help traders decide where to put their stop-loss levels so they can make the most money possible. This is done by using the indicator to accurately measure the right distance between the entry price and the stop-loss level. Here are some examples of how it works.

Here are some examples of how “The SUPER TREND indicator can help traders decide where to put their stop-loss levels so they can make the most money possible.” This is done by using the indicator to accurately measure the right distance between the entry price and the stop-loss level.

• Time Frame: M5 or higher
• Currency Pairs: Any

 

• SuperTrend

 

• Download “TraderVersity.Com-SuperTrend” (Zip/RAR File).
• Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
• Copy the ” TraderVersity.Com-SuperTrend.tpl” file (template) to your Metatrader Directory …/templates /
• Start or restart your Meta Trader Client.
• Select Chart and Time frame where you want to test your Forex system.
• Right-click on your trading chart and hover on “Template”.
• Move right to select ” TraderVersity.Com-SuperTrend” trading  system and strategy
• You will see “Super Trend System” is available on your Chart

 

• SuperTrend: Blue line

 

• SuperTrend: Red line

DOWNLOAD TRADING SYSTEM