Super Trend Profit – 85-90% of profitable trading signals
Super Trend Profit indicator similar to a standard Moving Average. It is a line on the graph of the currency pair which varies depending on the direction of prices. In addition the line direction, in reversal points it changes color, thereby giving a signal to enter the market.
Characteristics of Super Trend Profit
Platform: Metatrader4
Currency pairs: Any currency pairs
Trading Time: Around the clock
Timeframe: Any, M5 and higher
How use it in trade
At points of trend`s change indicator also gives a sound signal and the message appears on the graph SELL or BUY (2). Additionally, in the upper left corner of the graph is located informer, which additionally informs about the current trends (1). Also, in settings of indicator is possible to set the desired levels of Stop Loss and Take Profit in pips.
Example of Buy signal:
super-trend-profit-signal-buy
Example of Sell signal:
super-trend-profit-signal-sell
Stop Loss is recommended to set several pips above / below the nearest support / resistance level.
Exit the position when the take profit is reached or when the indicator signal changes to the opposite color.
Be sure to use additional indicators as filters to reduce the number of spurious signals.
According to the developer (Karl Dittmann), the indicator gives the signals without repaint, and their accuracy is 85-90%. Do not rejoice prematurely, it’s just a marketing ploy. In reality, of course, is not quite so. But if you do not take this into account, it looks very nice.
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