I found this Superman 5sma system 2 months ago and have been using it since then.Though English is not my mother language,I'll try to put it into English.I hope this can be useful for you,and await good suggestios.
The template is used on mt4.
I usually look at every TimeFrame,and when I find out a good entry sinal,I will do the deal;I will use the same TF to exit.
There are 5 smas on every TF,and the yellow one is used to tell apart a bearish or bullish market.
Let me resume its a bullish market.
Entry:
1、If the yellow line is up,and the price is above the yellow line,then when the lightseagreen line up cross the green line,buy.
2、if the lightgreen line,the the green line and the yellow line come very close to each other,and then break out,buy.
Exit:
1、If there is a red line above,then the red line is my target.
2、If the 2 red lines are both below,exit when the lightgreen line down cross the green.
If the space for profit target is very small, I'll not do this deal.
I share this to give others a trading way and for good suggestions.As it's a simple stupid way,we will meet with some losses.
No blame please.
The template is used on mt4.
I usually look at every TimeFrame,and when I find out a good entry sinal,I will do the deal;I will use the same TF to exit.
There are 5 smas on every TF,and the yellow one is used to tell apart a bearish or bullish market.
Let me resume its a bullish market.
Entry:
1、If the yellow line is up,and the price is above the yellow line,then when the lightseagreen line up cross the green line,buy.
2、if the lightgreen line,the the green line and the yellow line come very close to each other,and then break out,buy.
Exit:
1、If there is a red line above,then the red line is my target.
2、If the 2 red lines are both below,exit when the lightgreen line down cross the green.
If the space for profit target is very small, I'll not do this deal.
I share this to give others a trading way and for good suggestions.As it's a simple stupid way,we will meet with some losses.
No blame please.
Attached File(s)
5sma.tpl
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