This ‘Cheat Code’ Supertrend Setup Is Making Average Traders Rich FAST!

ForexPartners

The Supertrend indicator is a popular technical analysis tool used by traders to determine the direction of the market and identify potential entry and exit points.   Open Account: http://pocketoptioncapital.com  It is derived from the Average True Range (ATR) and overlays directly onto price charts, changing its position above or below price based on trend direction. When the Supertrend line moves below the price and turns green, it signals a bullish trend, while a red line above the price indicates a bearish trend. This simplicity makes it especially attractive to novice traders looking for clear, actionable signals.  Traders often use the Supertrend indicator in combination with other tools, such as moving averages or RSI, to confirm trends and reduce false signals. For instance, a long position might be considered when the Supertrend turns green and the price is also above a key moving average. Conversely, a short position could be validated if the Supertrend turns red and the price falls below support levels. This multi-indicator approach helps refine strategy execution and enhances risk management, particularly in volatile markets.  Despite its usefulness, the Supertrend indicator is not foolproof and can generate false signals during sideways or choppy markets. Whipsaws—where the indicator rapidly flips between buy and sell signals—can lead to frequent stop-outs and reduced profitability. To mitigate this, traders often adjust the ATR multiplier or period to suit the specific market being traded. Ultimately, the Supertrend indicator serves best as a part of a broader trading system, supporting decision-making rather than dictating it entirely.  Open Account: http://pocketoptioncapital.com  Learn how to day trade. This video is dedicated to 'everyday' folks starting out with a smaller account - think $1000 or less. Like starting any career, there is a lot to learn when you're a day trading beginner. Here are some tips to steer you in the right direction as you start your journey. These tips will get you setup with the proper indicators and settings and strategy, help you decide what to trade and when to trade, show you how much capital you need, how to manage risk, and how to practice a day trading strategy effectively.  We're currently in our 13th year helping traders become successful in the live markets so we know a thing or two about leveraging a small account into serious wins.  Risk Disclaimer: Trading options involves financial risk and may not be appropriate for all investors. The information presented here is for information and educational purposes only and should not be considered an offer or solicitation to buy or sell any financial instrument. Any trading decisions that you make are solely your responsibility. Past performance is not necessarily indicative of future results.  Intraday trading strategies, live day trading, live trading, binary options trading strategy, quotex trading app review, binary options, trading

Transcript

00:00hello guys welcome to another video in this video i'm going to be sharing with you a very powerful

00:05strategy you can use to make a very good amount of money in the market this strategy is one of

00:10the best strategy you can use to make a very consistent amount of money right in the market

00:15i've been trying out this strategy for over two weeks now and so far it has been giving me a

00:19consistent win i took over 20 trades using this strategy and i was able to have 92% winning rate

00:25using this strategy that's the reasons why i have to come right here to share it with you

00:30so you can also use this strategy to make a very good amount of money for yourself in the market

00:35this strategy was shared with me by one of my good friend who has been trying out this particular

00:39strategy for over six months now and has been having a consistent winning rate i also shared

00:45it with some of my inner circle student who also use this strategy to make a very consistent win

00:50all this is what gives me a very good confidence to let you guys know how you can be able to use

00:55this strategy to make a very good money in the market i don't want to let you guys know that

00:59every strategy i always shared in this channel are the strategy i personally have tried out and i'm

01:05able to make a very good amount of money right with it that is the reasons why i'm always so confident

01:10with a strategy i always shared with you so before you try out any strategy do ensure you tried it out

01:16on your demo account then when you're able to build up a confidence about that strategy you can be

01:21able to apply it on a real account i hope you all are getting it right so this strategy is a very

01:26simple one even though you're a beginner trader starting out trading today you can be able to use

01:30this strategy to make a very good amount of money for yourself in the market this strategy comes with

01:35just one indicator it comes with super trend indicator so we're going to come over right here

01:40to the indicator section i'm going to be using only a super trend indicator this is just the indicator

01:46we're going to be using with this strategy so right here with the settings of our super trend indicator

01:51it comes with the ATR period of 10 the multiplier as 3 right here on our style level in the up section

01:58we're going to be using a red color i'm going to be using it on 2 pixels while on the down section

02:02i'm going to be using a green color and also on 2 pixels so when you're done just click on save

02:08that is just all you need to do with our super trend indicator so with this strategy i'm actually

02:14trading it on one minute candle time frame i'm using the normal japanese candlestick not only

02:20that guys i'm trading the strategy on one minute time frame i hope you're getting it right so i have

02:26over 200 right here on my account let's see how we can be able to transform this into a reasonable amount

02:33of money with this strategy and this video so guys i'm going to go into the market right away when i find

02:38an opportunity i'm going to come right here and explain to you what you need to see before you enter a

02:43trade so guys you're looking out for a selling opportunity right at this particular level

02:49i'm actually going to be risking all my capital of 208 dollars right on this trade i'm going to be

02:56entering for a sell trade opportunity right at this particular level guys so guys this is how the

03:01strategy works the first thing you need to consider anytime you're going for a sell trade is that you

03:06must be able to see a consistency of a candlestick going towards a downside direction so immediately you

03:12see that the next thing you also need to see is a candlestick closing below this buy signal you can

03:19see what we have right at this particular level this is a buy signal from a super trend indicator

03:25so we must be able to see our candlestick closing below it so once we're able to see the candlestick

03:30that closes below it then we have to wait for the next candlestick to also print out it has to be a

03:37bearish candlestick giving us a downward confirmation before we can be able to enter a trade i hope you're

03:42getting it right as you can see right here we make a very good amount of money right at this particular

03:48level i hope you're getting that right i don't know what i'm saying it's making sense to you but the

03:53basic thing you just need to put into consideration is the consistency of a candlestick so immediately

03:58your candlestick closes below the buying signal line right here which i've actually drawn out

04:03a candlestick has to close below it and the next candlestick has to be a bearish candlestick

04:09going through the trend before you can be able to place your trade so guys for you to better

04:13understand the strategy i'll have to go into the market again when i find an opportunity i'm going

04:17to come right here and explain to you what you need to see before you enter a trade so guys right here

04:23we should be entering a buy trade right at this point let's enter this trade with 380 dollars

04:29right at this particular level guys and the basic reasons why we're taking a buy trade right here

04:37is pretty much simple the first thing we put into consideration is the case of a consistency

04:43and see right here we have a consistency of a candlestick right at this particular level

04:48not only that you can see right here this is the candlestick that closes

04:51above this sell signal right here you can see the sell signal from our super trend indicator this is

04:59the candlestick that actually closes above it and the next candlestick also pops out which is giving us

05:06a good bearish movement that's the reasons why we decided to enter a buy trade i hope you're getting it

05:12right so basically guys if you really want to make a lot of money using this particular strategy the basic

05:17thing i really advise you to do is that you must be able to see a consistency of a candlestick and

05:24also let your candlestick closes above this you can see right here guys we are making a very good

05:29amount of money right here your candlestick has to closes above this sell line signal right at this

05:36particular point once it closes then the next candlestick has to be giving you a full bodied candlestick

05:42that is a bullish candlestick going towards an upward direction before you can be able to take a trade

05:47situation whereby it actually tends to become a bearish then start consolidating do not take a

05:52trade it has to go on the same movement before you can be able to take a trade that is the best way

05:57you can be able to make a good amount of money using this strategy and not only that another confirmation

06:03you also need to put into consideration is your buy signal from your super trend indicator once you see

06:09that it also adds to the confirmation of you entering a trade i hope you're getting that right so

06:14guys i'm going to go into the market right away when i find an opportunity i'm going to come back

06:18right here to show you how you can be able to trade this strategy and make a very good amount of money

06:22from it so guys right here we're looking out for a selling opportunity right at this particular point

06:28provided this candlestick closes below this line and the next candlestick has to be a bearish candle let's

06:35actually see if we can enter this trade with 500 that's to be a bearish candlestick going towards a

06:41downside direction before we can be able to take a trade right here we couldn't take a trade

06:47so right at this particular point it has to be a clear bearish candlestick before we can be able

06:53to take a trade it has to give us a clear bearish candlestick so right here guys you can enter

06:58a sell trade right at this particular point and the reasons why we take a trade you all can see

07:05firstly we have a consistency of a candlestick right at this particular point

07:08i'll wait for a candlestick to close this below the buying signal bar so once it has actually

07:14closed the next candlestick is where we can be able to enter a trade for a sell trade i hope you're

07:19getting it right so these are just all you just need to put into consideration before you take a trade

07:27right here we have a support level right here the market might reject from this point so guys we have

07:3216 seconds towards the end of this trade let's wait and see how this trade will turn out to be

07:37so guys right here guys we make a very good amount of money right at this particular point

07:43so the reasons why the market reject from here this is actually a support level right here

07:48so anytime you are in the support zone please do not take a trade let's say the trade is heading

07:53towards the support zone please do not take a trade though i actually took the trade because

07:57i felt like before the closure of the candlestick i would have been on a very good profit

08:02but you can see what really happened right here we slightly you know would have lost massively right

08:07at this particular point so anytime you really want to take a trade when your trade is heading

08:11towards a support level or a resistant level please do not take a trade you only take a trade whenever

08:17it's in the middle of both support and a resistant level before you can be able to take a trade i hope

08:22you're getting that right so this is just all you need to put into consideration if you want to take a

08:28trade using this particular strategy so guys this is where i'm going to stop on this video i believe

08:32if you follow the instruction i've laid down on this video you're going to be making a consistent

08:36amount of money using this strategy so guys if you love this video so far and you're able to learn one

08:41or two do ensure you subscribe to this channel if you're here to hit the notification bell so you

08:46miss any of our subsequent videos not only that guys if you enjoyed this video so far do ensure you

08:51like this video share these videos to your loved ones so they can also learn what you're learning

08:56from this channel guys till i see you again in another video keep trading guys and bye for now

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