System Supertrend

We see in this article a forex trading system that you can use in the long term. This system basically uses four variants of the indicator Supertrend and seems to be more profitable on the charts weekly. Here then indicators we need: Supertrend 3.3, Supertrend 3.10, Supertrend 3.40 and Supertrend 3.160. In this case the number 3 is the multiplier, while the second number is that of the periods. As mentioned at the beginning, this trading system seems to work very well with the weekly time frame, as it is about this period of time which gives the main trends that can lead to different points of profit.

Basically, when all indicators are turned towards the same direction, whether long or short,


you can open a new location as soon as one of these indicators change color. Alternatively you can close half of our position when one of them has a change of color and keep the other half for a period of time longer. For example you can see a graph of opening a long position when all four indicators have turned green, so they pointed towards a raise, and then close it when the first of these indicators has turned red, which turned into a bearish trend , you could really gain many pips. Similarly, if we open a short position when Supertrend all indicators are red, and then close it when one of these indicators turn green, then we could bring home a good profit.

So there is no doubt that this system of trading can be very profitable. The only downside is that it takes a lot of patience to a very wide stop loss, where the trade does not work. However, overall trading system is a very interesting.

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