This Pivot Point Supertrend Strategy has up to 90% Success!

stewdamus Updated   

I'll review the Pivot Point Supertrend Trading Strategy in this video. This strategy has up to a 90% success rate with an avg. of 80-100% profits weekly. I think it's well worth our time to review and potentially implement or even automate going forward. Enjoy.

Here are the four rules for your quick reference:

1. The price has closed higher than the moving averages (long). Visa-versa (short).
2. The 50 EMA is above the 200 EMA (long). Visa-versa (short).
3. Pivot Point Supertrend has given a signal.
4. At the time the signal is issued the volume bar should be orange or yellow.
Here are the indicators utilized:
1. 10 in 1 Different Moving Averages ( SMA/EMA/WMA/RMA ) by hiimannshu
2. Pivot Point Supertrend by LonesomeTheBlue
3. Heatmap Volume by xdecow

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