How to become a profitable trader ?… The first answer is, find a trading system and style that fits you and your daily life. And I hope this Super Signals Channel System will be your solution about a good and profitable trading system.
It’s so important to have a trading system and style that fits your personality AND your schedule.
The two broad categories and trading styles traders have to choose from are SWING-TRADING vs. DAY-TRADING.
Usually, SWING-TRADING is better suited for traders who have limited time and restricted access to charts throughout the day. As a swing trader, you do your chart analyses during the weekends and before/after work and you manage and execute your trades when you get back from work.
Swing traders also don’t need to observe the markets all day long which can free up even more time. The downside, swing traders often have fewer trades and more patience is necessary.
This Super Signals Channel System can be used for both SWING-TRADING and DAY-TRADING.
Super Signals Channel indicator is another version of the construction of the price channel, giving the signals of sufficiently high accuracy on any instruments and time periods.
The idea of working within the price channel is quite elaborated in different versions of famous Bollinger bands.
In an attempt to give more practical application to the moment of the breakthrough by the price of the channel boundaries, the developers began to create options for indicators, which could be additionally used to build support/resistance levels, but not as a dynamic curve line, but rather as straight price levels.
The Super Signals Channel indicator is easy to use, builds the real price channel from two lines (red is the upper limit, green is the bottom), in which the price moves.
Method of trading is on the rebound from the channel boundaries.
The recommended entry points into the long and short positions appearing in the dynamics are indicated by arrows of the corresponding color and direction. Conveniently, clearly and precisely.
It works on any time intervals and any instruments, including futures and stocks.
Optimal timeframe, like for all trend indicators, is from H1 and above.
This trading system is based on repaint price action indicator which is the Super Signals Channel. The system works well in 1-Hour timeframe or higher and is useful to major currency pairs.
- Super Signals Channel
- Mega Trend
- Signal Trend
- Tenkan-Sen Ichimoku Kinko Hyo
- Schaff Trend
- Trix Trend Cycle
- Trend MACD
- Stoch Tape
- Green color Super Signals Channel below the previous swing low
- Price above Tenkan-Sen line
- 50 Hull Moving Average (50 HMA) line Aqua color
- 30 HMA line Blue color and above Aqua color 50 HMA line
- Trend MACD (Super MACD) bullish
- Schaff Trend bullish (Aqua color line)
- Red color Super Signals Channel above the previous swing high
- Price below Tenkan-Sen line
- 50 Hull Moving Average (50 HMA) line Magenta color
- 30 HMA line Red color and below Magenta color 50 HMA line
- Trend MACD (Super MACD) bearish
- Schaff Trend bearish (Red color line)
How to become a profitable trader ?… The first answer is, find a TRADING SYSTEM and STYLE that fits you and your daily life.
I hope this ForexWOT Super Signals Channel System will be your solution about a good and profitable trading system. So you have to discipline to the rules. The only thing that could make this system fail over the long term is you not sticking to the rules.
What about your trading style?… SWING-TRADING or DAY-TRADING?…
Decide whether you want to be a SWING-TRADING or DAY-TRADING. Audit your weekly schedule and your personality to see which style suits you best. Then, choose the markets and instruments accordingly.