The Alfa Super Trend Trading System comprises powerful MT4 trend indicators for delivering real-time trend-following trading signals for forex, stocks, and cryptocurrency traders.
This system represents a combination of Alpha and Super Trend indicators for plotting both trend and buy-sell signals simultaneously.
The Alpha Trend indicator applies a 20-period Relative Vigor Index (RVI) with a standard deviation of 2.0 to show potential price swing areas.
On the other hand, the Super Trend plots dynamic trendlines revealing possible trend reversal levels.
According to our review, Alfa Super Trend Trading System suits all timeframes of MetaTrader 4 and serves MTF chart analysis.
As a result, it fits all types of trading strategies including, scalping and intraday trading.
A green Alpha arrow below the price candle provides an advanced alert of a possible upcoming bullish trend. When the price breaks the Super Trend resistance (red), a blue arrow appears below the price bar, confirming a bullish trend reversal.
Trigger a buy order right after you get the trend reversal confirmation. Place SL below the Super Trend Support (blue) and exit long whenever the price breaks below the dynamic support.
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Confirm sell orders when the price breaks the dynamic support line (blue) of the Super Trend, and a red arrow appears, ensuring the bearish trend reversal. A green arrow from Alpha above the price offers more confirmation of bearish market momentum.
Place the stop-loss limit above the current resistance (red) and consider closing short whenever the price breaks above the Super Trend resistance.
The Alfa Super Trend Trading System is an advanced but easy-to-use MT4 trading strategy especially developed for forex, stock, and crypto trading beginners.
This system alone guides you through the trend conditions, buy/sell entry signals, and possible trade exit levels.
However, you can still add support/resistance tools or pivots alongside the Alfa Super Trend system for improving your trading results.