Parabolic Super Trend
Parabolic Super Trend is an indicator that identifies trend and alert you when to enter trade following the trend. A great arsenal to add to any chart.
Parabolic Super Trend never allows you to trade again the trend and provides high accuracy signals. It is great for scalping on the 1min or 5mn time frame, Or swing trading on the 15mn, 30mn and 1hr time frame. Parabolic Super Trend draws line thats follows the trend and change color at entry or exit price. Line does not repaint.
*For Desktop MT4 Only
*Great For Scalping
*Great For Swing Trading
*Line color change Entry Alerts
*Mobile Alerts, Desktop Alerts
*Works On Any Timeframe
*Works On Any Mt4 Pair
*Perfect For New Traders And Expert Traders
Free Strategy To Trade With Parabolic Super trend ALONE
Entry Point : As Parabolic Super Trend automatically identifies and filters signals
- Go directly to the currency pair and timeframe of your choice.
- Sell or buy as soon as you get signal.
Exit Point : you have many ways to exit a trade.
1- Place StopLoss and TakeProfit
- StopLoss be placed in case of sell trade, above the last higher low.
- TakeProfit should be placed at least at 1.5xStoploss size.
2- Simply Exit trade on BLOCK LOSS signal
- Close manually your trade when Parabolic Super Trend send back BLOCK LOSS signal
3- Manage trade on BLOCK LOSS signal (the one i use)
When Parabolic Super Trend send back BLOCK LOSS signal :
- if trade profit > 0 try breakeven or close
- if trade profit < 0 open reverse trade with the same lotsize so lost will not increase any more and wait for another signal to enter trade and cover lost, the advantage is that if you are trading multi pairs, another open trade will cover the lost and then you could close all them.
With Parabolic Super trend you could have bad day but hardly bad week. Good profit to you