Super Momentum Trading System

Super Momentum Trading System

Super Momentum Trading System is a forex trading strategy that designed to trade on the forex market, which is a momentum-based forex trading system. This is a momentum-based forex trading system because the buying and selling signals that are generated from this trading system using momentum-based technical indicators. This is a very simple forex trading system because it only contains two indicators as signal generator. The indicators are very easy to use and understand. Even new trader should not find it difficult to learn and trade using this forex trading system.

The Super Momentum Forex Trading System works best in trending markets. The system will not perform well in the sideways market condition.

Mt4 Indicators:

Super Stoch indicator
The Super Stoch indicator can be seen at the bottom of the main chart. This is a modified indicator of the original stochastic indicator so it is called the Super Stoch. This indicator consists of several arrows and cross marks. Buy and sell signals will be based on these signals. A simple way to use this system is you have to buy when you see the blue arrow and you have to sell when you see the yellow arrow. You can ignore the cross sign

MACD Super
Super MACD is a modified form of the MACD indicator. Super MACD consists of a histogram and two oscillators. When the histogram is in the positive region, you must focus on buy condition and you must sell only when the histogram is in the negative territory. Two oscillators may interfere with novice traders so it is not recommended for new traders to use the oscillator. For the experienced, you can use it according to your convenience.

Buy entry:

Buy condition

• Blue arrows pointing up will appear on Super Stoch
• The Super MACD indicator histogram must be in positive territory.
• Place your buy positions as soon as the above conditions are met.
• Set stop loss below the recent swing low.
• Take your advantage when the down-directed golden arrow appears on Super Stoch

Sell entry:

Sell condition

• A golden arrow pointing down will appear on the Super Stoch
• The Super MACD indicator histogram must be in negative territory.
• Place your short position as soon as the above conditions are met.
• Set stop loss above the recent swing high.
• Take your advantage when the blue arrow pointing up appears in the Super Stoch

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