Double Super Trend Indicators for Manual Trading
SuperTrading Strategies with filters from EMA filters and other type of filters did not work out well on the lower time frames.
This is a change from M15 to M30 with manual entry and exit.
The signal to buy entry and sell entry is agreement with the two SuperTrend Averages. It is easiest to look for the double lines than the double labels. I may delete the buy and sell labels completely.
Any violation of the trend lines by one of the SuperTrend lines is an exit signal.
It may be more profitable to make to entries and a single exit on the first short term SuperTrend reverse and then give it a chance for the trend to return to double buy or double sell.
This scaling out of positions could improve profitability and mutes the greed factor of trying to add pyramid entries too late in the trends since it is only an M30 chart.
This is a change from M15 to M30 with manual entry and exit.
The signal to buy entry and sell entry is agreement with the two SuperTrend Averages. It is easiest to look for the double lines than the double labels. I may delete the buy and sell labels completely.
Any violation of the trend lines by one of the SuperTrend lines is an exit signal.
It may be more profitable to make to entries and a single exit on the first short term SuperTrend reverse and then give it a chance for the trend to return to double buy or double sell.
This scaling out of positions could improve profitability and mutes the greed factor of trying to add pyramid entries too late in the trends since it is only an M30 chart.