Supatrend easy to follow trend following system with clear rules (Supatrend easy to follow trend following)
Hello everyone.
Welcome to follow the trend
The system has been tested to work within the 1M to 1D time range.
The preferred basic time frame is 1H
Here I want to share this trend tracking system I call SUPATREND.
It is based on many things I have learned throughout my trading career. Special thanks to Traderathome and the entire Sonic R system thread. Great topic for learning to trade
This is the template for SUPATREND:
SUPATREND is based on Ichimoku, and I've found its setup to work well in most situations. The entry/exit rules for the SUPATREND system are based on what I know to be working well.
Basic rules:
- After basic input, enter only the SUPATREND direction. The basic entry may be opposite to the SUPATREND coloring because most of the time a SUPATREND crossover occurs after price has already crossed SUPATREND. All scouts can only enter long lines when SUPATREND is green and short lines when SUPATREND is blue
Entry type
- Basic
-Scout
The basic entry point is when price crosses SUPATREND:
Scouting for entry when there is a divergence/hidden divergence between the price and the direction of SUPATREND:
Scouting the entry when price visits SUPATREND and continues through S/R1:
Stop loss setting and when to set it:
Once range markets can be avoided, SL moves to BE:
SL route with S/R2 at current candle point :
Profit conditions:
- Track until opposite signal
-TP when opposite divergence occurs
-TP when monthly pivot point is touched
-TP when price hits S/R1
Disagreement:
The price reaches S/R1:
In short, you've got it all. I will post trading examples based on these rules.
Please feel free to use the SUPATREND template and follow the SUPATREND rules to post your own transactions
Templates and indicators are attached to this article:
In a ZIP file!
Some indicators are used here, and some fonts need to be installed for the mini charts to work.
Two templates <br> I'm using the one in the templates folder called Supa.
The template named Supa_new_build is a more basic template for use with new Metatrader versions (600 or higher) that do not accept older indicators. With this template you don't need to install any indicators. It uses basic indicators from Metatrader 4.
Welcome to follow the trend
The system has been tested to work within the 1M to 1D time range.
The preferred basic time frame is 1H
Here I want to share this trend tracking system I call SUPATREND.
It is based on many things I have learned throughout my trading career. Special thanks to Traderathome and the entire Sonic R system thread. Great topic for learning to trade
This is the template for SUPATREND:
SUPATREND is based on Ichimoku, and I've found its setup to work well in most situations. The entry/exit rules for the SUPATREND system are based on what I know to be working well.
Basic rules:
- After basic input, enter only the SUPATREND direction. The basic entry may be opposite to the SUPATREND coloring because most of the time a SUPATREND crossover occurs after price has already crossed SUPATREND. All scouts can only enter long lines when SUPATREND is green and short lines when SUPATREND is blue
Entry type
- Basic
-Scout
The basic entry point is when price crosses SUPATREND:
Scouting for entry when there is a divergence/hidden divergence between the price and the direction of SUPATREND:
Scouting the entry when price visits SUPATREND and continues through S/R1:
Stop loss setting and when to set it:
Once range markets can be avoided, SL moves to BE:
SL route with S/R2 at current candle point :
Profit conditions:
- Track until opposite signal
-TP when opposite divergence occurs
-TP when monthly pivot point is touched
-TP when price hits S/R1
Disagreement:
The price reaches S/R1:
In short, you've got it all. I will post trading examples based on these rules.
Please feel free to use the SUPATREND template and follow the SUPATREND rules to post your own transactions
Templates and indicators are attached to this article:
In a ZIP file!
Some indicators are used here, and some fonts need to be installed for the mini charts to work.
Two templates <br> I'm using the one in the templates folder called Supa.
The template named Supa_new_build is a more basic template for use with new Metatrader versions (600 or higher) that do not accept older indicators. With this template you don't need to install any indicators. It uses basic indicators from Metatrader 4.
























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