FREE FOREX STRATEGIES

#13 SuperSar Strategy


Submitted by Mennzz

Indicators/Settings:

-SUPERTREND (8, 1.5)
-SAR (0.2.0.2)

WHEN TO ENTER A TRADE:

Enter: a BUY trade when SUPERTREND is in a bullish trend(line is green), and SAR gives a BUY signal. (Don't enter a SELL trade if SUPERTREND is bullish and SAR gives a SELL signal.


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Looks like a great stratergy. Daily time frames you can REALLY catch some big trends.

Thanks for the share.

i'm looking for the code of this supertrend indicator for AmiBroker. anybody has this?

regards
Debashish

SuperTrend for MT4: SuperTrend_v1.2.mq4

can u have code of this super trend indicator in METASTOCK FORMAT . If u have so please mail to me --r.dibya()gmail.com

anyone has this supertrend indicator in EFS extension (for esignal)?

thanks,

Roberto

Hi all.

Is nobody using this strategy? I am forward testing and apart from the news days it is actually not doing to badly :) Now I just have to figure out how to incorporate news days into the indicator strategy. Any views?

Erm, me again...

What about adding a MACD or some such to add as further confirmation of the trade?? Suggestions?

Ciao

Hannes

Hi All, have been testing this method on demo, not too bad at the moment.

But, :) , I have a question... Is it possible to trade the Supertrend by iteself, in isolation? The reason I ask is that I have had a few situations where the Supertrend would not change trend direction, but the PSAR would, only to revert back to agreement with the Supertrend a few candles later...Any one else found the same?

Generally, I have been exiting when the two signals are no longer in agreement...

Ciao

Hannes

I think it is better to use this strategy on higher timer frames. On this frames you have a higher chance to get a REAL supertrend!-but i would forward check this strategy to see if it works on lower time frames.

Another question from me: How does the SuperTrend Indicator Works?
I combined your strategy with stochastics to get the real big trend on 1D timeframe.

thanks,

Florian

hi Mennzz,

thank you for this great strategy!
I think this is a good strategy for higher time frames. But you can only check this by trying!
I combined it with stochastics...because i want the BIG trends on 1D timeframe.

What i want to know is, WHAT the Supertrend indicator makes.How does it work???!!

best regards,

Flo

Hi Mennzz.

Managed to download the supertrend, thanks...

I have two further questions for you if you don't mind...

1) Can this setup be used successfully on 1m or 5m tf?
2) I see that the settings for SAR has been changed from 0.02&0.2 to 0.2&0.2, is there a rationale behind this? I see the effect of the change is that the PSAR seems to follow the price action a lot closer?

Look forward to hearing from you.

Kind regards
Hannes

Hey Mennzz your chart is 4 hrs time frame
User suggests 1D time frame Euro/usd.
Have you tested this system already?
Which time frame and pair would be best?
Thank you
Good luck to all

Click the link: http://www.fxcodebase.com/code/viewtopic.php?f=17&t=17#p18 to see how to load an indicator into the Marketscope 2.0 Chart.

Hi, how would we load the supertrend indi into fxcm platform? a bit of a technophobe :)

EU TF 1D


 

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