The SuperTrendNew strategy, a unique addition to the forex trading realm, provides an optimized trading strategy for realistic results in the volatile currency market. One of its key features is its ability to signal an entry for both long and short trades based on supertrend trend changes. This review elaborates on the features, workings, and potential benefits of this strategy.
Key Features and Configurations
The SuperTrendNew strategy offers adjustable ATR (Average True Range) period and multiplier settings. These settings enable traders to customize the strategy based on their trading preferences and market conditions. Additionally, the strategy offers an alternative ATR calculation method, which is based on the Simple Moving Average (SMA). This could yield slightly different outcomes, potentially leading to improved performance depending on the traded asset.
Realistic Trading Results with Proper Settings
For realistic trading results, it is critical to account for slippage and commission in the properties of the SuperTrendNew strategy. This allows for a more accurate representation of the trading conditions in the forex market. When configured correctly with a reliable broker, the strategy has the potential to significantly increase your trading balance within a month.
Automatic Trade with SuperTrend Indicator
For traders seeking a more automated approach, the SuperTrendNew strategy accommodates automatic trading with the Supertrend indicator. However, this would require acquiring specific products that support such functionality. The integration of the Supertrend indicator with automated trading can provide a seamless trading experience, potentially enhancing profitability.
Independent Testing and Updates
Before implementing the SuperTrendNew strategy, it is recommended to observe its performance through independent testing. A reliable source for such testing is the forexroboteasy.com website. Here, traders can watch independent testing of this product and also subscribe to updates on the results of testing this strategy. This can provide valuable insights into the strategy’s performance and potentially guide optimization efforts.
FAQs
What is the SuperTrendNew strategy?
The SuperTrendNew strategy is an optimized forex strategy that signals an entry for both long and short trades based on supertrend trend changes.
How can I customize the SuperTrendNew strategy?
It offers adjustable ATR (Average True Range) period and multiplier settings. You can also change the ATR calculation method to be based on the Simple Moving Average (SMA).
How does the SuperTrendNew strategy ensure realistic trading results?
By accounting for slippage and commission in its properties, it provides a more accurate representation of the trading conditions in the forex market.
Can I use the SuperTrendNew strategy for automatic trading?
Yes, the strategy accommodates automatic trading with the Supertrend indicator. However, this requires acquiring specific products that support such functionality.
If you’ve had any experience with the SuperTrendNew strategy, feel free to share your experiences and observations. Such information can be valuable to other traders considering this strategy.
It is important to note that this is an independent product review, not affiliated with the creators of the SuperTrendNew strategy. The aim is to provide unbiased information to help traders make informed decisions.
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