The Super Power Binary System reflects an overbought/oversold forex trading strategy. This system includes three types of trading templates so that you can choose your favorite chart analysis setup based on your trading style.
The Center of Gravity and ZagZig is the main trend and level indicator of the system. Moreover, it comes with other tools like the Enter Signal, CCI, Accelerator, and Awesome Oscillator. These indicators assist your decision-making by filtering the trade signals delivered from the main chart window.
However, you’ll not need all the indicators provided by the system at the same time. That is why its developer has used three templates splitting the indicators into different trading strategies.
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Buy Signal Generation with Super Power Binary System
The lower bands of the Center of Gravity represent the dynamic oversold area of the market. So, whenever the price approaches these levels, look for a bullish reversal signal for buy orders.
The ZagZig signal should appear below the price level that signals the end of the current bearish momentum. The Enter Signal bar turns white when the bullish momentum carries a good strength.
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Sell Signal Generation with Super Power Binary System
A sell order can be activated when the price treats the higher Center of Gravity bands as resistance. Besides, make sure the ZagZig signal appears above the price level and the Enter Signal bar turns blue confirming the current momentum as bearish.
Super Power Binary System follows a complete price action trading strategy. Thus, it is an ideal system for trading forex, commodities, and indices.
In this review, we’ve used the hourly template of the system. There are two more templates – M1 Binar and M30 CCI Sys which you can choose based on your trading needs. However, for beginners, it is ideal to start with the H1 template.
This system is more compatible with trend-following tradings because of its center of gravity and ZagZig MT4 indicators. These tools will guide you through the process of revealing trend levels and momentum conditions. For further trend confirmation, you can add the CCI indicator of the system.
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