Combination of 3 Supertrends - works like magic

In the previous post, I discovered a supertrend strategy. That is, buy on the first pullback after a green up Trend Arrow indicator is formed. 

The problem is, I still don't know when to enter Because I don't know how much the pullback should be.

Today, I found a better strategy. One with a clear entry point.

The strategy uses 3 supertrends with the following set up... Period/Muliplier
  • 7/3
  • 10/3
  • 11/2
Rule...
  • Buy signal: three green arrows crossing all the three supertrend lines in the upward direction.
  • Sell signal: three red arrows crossing alltall the supertrend lines in the downward direction.
  • Stay in the trade as long as the trend line is above or below the price.
  • Set a stop loss on the nearest super trend line.
  • Switch between three time frames to ensure of the flow.
Side note...
  • There can be a green arrow between the three red arrows.
  • Use candlestick chart. 
  • On the last arrow the candlestick must close. 

Best intraday time frame set up...
  • 5 minutes
  • 10 minutes
  • 15 minutes


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