MTF SuperTrend Trading Process

MTF Supertrend trading process is a pure vogue following method, It’s a combo approach in response to Supertrend indicator and exponential shifting average 5 period.

This template is setting for 15 min time frame.

Forex pairs: majors, EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/CAD, USD/JPY, GBP/JPY.

Metatrader symptoms setting:

Supertrend clear (is required for MTF Supertrend);

MTF Supertrend (TF 60, CCI 60, ATR -1);

UP Down Indicator (HL 4 this is expense motion indicator and repaint);

Exponential transferring common 5 duration (median cost).

Guidelines for MTF Supertrend buying and selling Method

Conservative

Purchase Stipulations:

SuperTrend MTF in sub window line color inexperienced;

SuperTrend clear on the chart line colour green;

up down indicator dot colour green;

If these conditions are agree long entry position when the cost retraces on 5EMA.

Sell Conditions:

SuperTrend MTF in sub window line shade pink;

SuperTrend clear on the chart line colour crimson;

up down indicator dot color pink;

In case these conditions are agree brief entry place when the fee retraces on 5EMA.

Aggressive

The same stipulations but use Supertrend on chart, UP down and 5 Ema.

Exit position

Preliminary stop loss on the previous excessive/low swing.

Profit Target 20-30 pips or make profit on the pivot features degree.

Within the picture MTFSupertrend in action.

Heiken Aschi Scalping