Supatrend easy to follow trend following system, clean rules

Hello everyone.
And welcome to ride the trends

This system is tested to work from 1M to 1D timeframes.
Basic timeframe preferred is 1H

Here I want to share this trend following system that I call SUPATREND.
It is based on many things that I have learned during my trading carreer. Special thanks goes to Traderathome and whole Sonic R system thread. Wonderfull thread to learn trading

So here is the template for SUPATREND:


SUPATREND is based on Ichimoku with settings that I have found work very well in most cases. Entry/exit rules for SUPATREND system are based on what I have learned that works well.

Basic rule:
-After basic entry only entries to SUPATREND direction will be taken. Basic entry can be against SUPATREND coloring, cause most of the time SUPATREND crosses after price has already crossed SUPATREND. All scouts should be entered only long when SUPATREND is green and only short when SUPATREND is blue






Entry types
-Basic
-Scout

Basic entry is when price crosses SUPATREND:


Scout entry when price with divergence/hidden divergence to SUPATREND direction:


Scout entry when price visits SUPATREND and continues through S/R1:







Stoploss placement & when to BE:

SL moves to BE as soon as it's possible to avoid ranging market:


SL trails with S/R2 at the point of current candle:






Take profit conditions:
-Trail untill opposite signal
-TP when opposite divergence appears
-TP when hit monthly pivot
-TP when price touches S/R1

Divergence:


Price hits S/R1:



So there you have everything in nutshell. I will be posting examples with trades according these rules.
Please feel free to post own trades using SUPATREND template and following SUPATREND rules

Template and indicators are attached to this post:

IN THE ZIP FILE!
There are indicators used here and there is font that needs to be installed for minicharts to work.

TWO TEMPLATES
The one called Supa, in template folder is the one I'm using.
The one called Supa_new_build is more basic template to work with new metatrader build (600 or newer) that doesn't accept old indicators. With this template, you don't need to install any indicators. It uses basic indicators in metatrader 4.

Trade EA opened:

Daily SUPATREND shows up:


1H SUPATREND just crossed:

Trade GU opened:

Daily SUPATREND shows up:


1H SUPATREND just crossed:

Trade UJ just opened:

Daily SUPATREND shows exhausting up:


1H SUPATREND just crossed down:

EA

Update

Not so quick reaction that it would be possible to move at BE yet

UJ update

GU update

It is very interesting, JRissa, thanks, I will follow up.

USDCAD trade opened

Riskier trade as SUPATREND is still green, but price crossed it already... Let's see what news bring.

count me in. looks good an needs to practice more.

I am in, looks pretty interesting!!

USDCAD trade got killed at news due spread...

Very interesting. I like your cloud settings.

Do you wait for the candle to close before entering?

Depends on situation... Mostly not, cause when price goes through SUPATREND it usually blasts away. Then you can move to BE fast if you entered on cross right away.

Post deleted for asking stupid question that was already answered.

What about this divergence?

Or this one?

Jrissa, There are some problems with the candle colors.
please, take a look at the indicators and template you uploaded, there's some mistunderstanding, or i'm doing it wrong

Hi JRissa,

Thank you for the thread information. Very clear rules and simple to understand. I have loaded your TMP and indicators in respective folders but my chart is not clear. especially mini chart. Can guide me. Many thanks.
Bomi

That's why the zip file included the fonts you need.