Supertrend Moving Average

Specification

First trade begins when the super trend changes and crosses the fast moving average. 

·         Open trade (buy) when super trend crossing changes from sell to buy and crosses the fast  moving average. If the price is is above the 200 EMA (slow moving average) only take buy positions.   ( combining the 200 EMA with the supertrend) (If the super trend crossing cuts the slow EMA (200), do not take the trade)

 

·         Take sell trade when super trend crossing changes from buy to sell and crosses the fast moving average. If the price is below the 200 EMA only take the sell positions. (If the super trend crossing cuts the slow EMA (200), do not take the trade)

 

·         Take profit when super trend closing/crossing/(changing) crosses moving average . If there is no profit, when super trend closing crosses the moving average, then the EA continues until it hits the take profit or stop loss.

 

·         Only one trade at a time

Please note that profit can be made via two options. Either the super trend crossing or take profit in pips or both.


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