Master Trader Shares Top Supertrend Trading Strategy
Master Trader Shares Top Supertrend indicator Trading Strategy.
Discover the power of the Supertrend Indicator in this quick guide! Learn how this popular trading tool helps identify market trends, set stop-loss levels, and find potential entry and exit points for your trades. Perfect for traders of all levels looking to enhance their strategy with reliable insights. Watch now to master the Supertrend Indicator!
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Supertrend & ADX trading strategy rules:
***Buy***:
Supertrend must indicate uptrend
ADX (black line) & D+ ABOVE D-
ADX (black line) & D+ ABOVE level 20
D- BELOW level 20
Exit
Close when D- cross above D+
((NB: ADX indicator represents the strength of the market trend. Hence crossing of these lines indicates a weakening uptrend.))
**Sell:**
Supertrend must indicate a downtrend
ADX (black line) & D- ABOVE D+
ADX (black line) & D- ABOVE level 20
D+ BELOW level 20
Exit
Close when D+ cross above D-
((NB: ADX indicator represents the strength of the market trend. Hence the "D-" crossing above the "D+" is a signal that a downtrend/retracement is about to happen.))