Super Trend Advance Trading

The SuperTrend Advance Trading is a widely-used technical indicator based on SuperTrend Strategy + Price Action + EMA.

How it works:

Buy/Sell Signals can be generated when the trend reverses, the conditions of Price action, TrendLine and EMA are met.

- After the Signal appears, be patient and wait until the candle closes, at that time place the order as soon as possible. You may have time to review your entry, consider whether it is a good entry or not.

- Carefully review the entry, update Stop Loss and Take Profit (R:R=1~1.5 is a good choice), Stop Loss depends on the Resistance Support zone. In case Stop Loss is not good or too big, please Exit.

- Take Profit 30 pips is easy to win. You can place 2 orders at the same time, one to take profit early and one to hold. If you hold the entry, you may consider moving Stop Loss to Entry in case the profit is equal to or greater than 30 pips.

- I am still working on that indicator and finding more and more ways to filter out noise orders. All good ideas welcome.

- Win rate on XAUUSD M15 > 70%.

Note:

- Recommended trading with XAUUSD, M15.


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