Trend Trading Strategy MTF SuperTrend Trading System

Trend Trading Strategy MTF SuperTrend Trading System - is a combined system based on the SuperTrend indicator and an exponential moving average with a period of 5.

Input parameters

• Currency pairs: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/CAD, USD/JPY, GBP/JPY.
• Timeframe: M15
• Bidding time: London, New York.
• Risk Management: After calculating the stop loss, choose this lot sizeto risk no more than 2-5% of the deposit per trade.

Used indicators

• Supertrend clear;
• MTF Supertrend (TF 60, CCI 60, ATR -1);
• UP Down Indicator (HL 4);
• Exponential moving average 5 period (median price).

Setting indicators and system template:

1. Unpack the archive with templates and indicators.
2. Copy the indicators to the folder MQL4 -> indicators.
3. Copy the templates into the templates folder.
4. Restart the terminal.
5. Open the chart of the desired currency pair.
6. Install the template with the name MTF SuperTrend.

The schedule should look like this:

Signals indicating the opening of a long position (buying)

1. The MTF_SuperTrend indicator line (under the price chart) is green.
2. The Supertrend_cleared_3 indicator line is green.
3. There are three green dots on the UP_Down indicator.
4. The price rolled back to moving average.
5. A stop loss is placed under the nearest local minimum.

Signals indicating the opening of a short position (sale)

1. The line of the MTF_SuperTrend indicator (under the price chart) is red.
2. The Supertrend_cleared_3 indicator line is red.
3. There are three red dots on the UP_Down indicator.
4. The price rolled back to the moving average.
5. Stop Loss is put over the nearest local maximum.

Closing methodology

1. Fixed Take Profit 20-30 points in size.
2. Around the pivot levels.

According to the experts at fortrader.org, Trend Trading Strategy MTF SuperTrend Trading System has sufficiently clear rules that will be understandable even to novice traders. By experimenting with the settings, you can use the strategy for short-term and medium-term trading.

Download template and indicators

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