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This suggests that the momentum is confirmed to the down side. Here, we need to see the red line above the blue line. Finally, look to the super mega trend indicator itself. You will see this with the CCI trend indicator plotting below the zero level. Then, the Trend CCI indicator should signal that the trend is to the down side. After this, we should then wait for at least one candlestick to completely open and close below the two moving averages. To take short positions in the super mega winner strategy for forex, we need to see the two moving averages making a bearish crossover. The super mega winner strategy for forex – Short positions You can use a fixed risk to reward set up here.Īlternately, you can move your stop loss along the longer moving average line and wait till you get stopped out. Now open a long position at market and set your stop loss to the recent low that you can see on the chart. This suggests that the momentum is confirmed to the upside. Here, we need to see the blue line above the red line. You will see this with the CCI trend indicator plotting above the zero level. Then, the Trend CCI indicator should signal that the trend is to the upside. After this, we should then wait for at least one candlestick to completely open and close above the two moving averages. To take long positions in the super mega winner strategy for forex, we need to see the two moving averages making a bullish crossover. The super mega winner strategy for forex – Long positions Let's now take a look at how you can trade long and short positions using the super mega winner strategy for forex. We will explore this in a bit more detail in the remainder of the article. Therefore, the idea is to first ascertain the trend and then look to the trend indicator to determine if the trend will prevail. The trend strength is determined based on the positioning of this indicator. This indicator is rather unique because it has a blue and a red line. Apparently, it is from this indicator that the trading strategy gets it name. In the final sub window, for the super mega winner strategy for forex, we have the Super mega winner indicator. In terms of giving you the edge in the markets, there is not much of a difference whether you use the regular CCI indicator or this customized version of the CCI indicator. The way these indicators work is that instead of plotting a continuous line that moves above +100 or -100, the histogram plots the bars that oscillate around these levels. In the first sub window of the super mega winner strategy for forex, we have the Clive's Histogram CCI indicator. The pop up alerts can be distracting and easily lead you into taking hasty trading decisions that might result in a loss. This is especially true if you use the super mega winner strategy for forex on multiple charts. Therefore, traders can disable the alerts in order not to get the signals too confusing. Ideally, you would be using the pivot levels to simple set your take profit levels in the markets. To be honest, we don't really know why one would need to have this alert set up. This pivot alert indicator displays a pop up window whenever price touches one of the pivot levels on the price chart. The next indicator in use in the super mega winner strategy for forex is the pivot alert indicator. So far, there is nothing out of the ordinary when it comes to the super mega winner strategy for forex. The trends in the price are determined by the bullish and the bearish crossovers generated from these moving averages. The settings used are a 55 period exponential moving average and a 21 period exponential moving average indicator. On the main price chart, we have two instances of the moving average indicator.

The super mega winner strategy for forex comprises of about five indicators in total.

Therefore, traders should have the right expectations when trading with the super mega winner strategy for forex.

However, contrary to the title of this trading system, the super mega winner strategy for forex does has its own pros and cons too. The Super Mega Winner Strategy For MT4 is a trading system that encompasses various indicators. If applicable, we are highlighting advantages, disadvantages and possible improvements of the strategy. Therefore, we are mainly explaining the components and rules of the strategy. We do NOT make an attempt to decide if this strategy is profitable or not, because we know that the major factors regarding trading results are the skills/experience of the trader who executes the strategy.

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Please note: This strategy was publicly published in the trading community and is free to use. Is the super mega winner strategy for forex good for you?.The super mega winner strategy for forex – Short positions.The super mega winner strategy for forex – Long positions.

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