Supertrend is a simple yet great indicator which is based hard data, especially when combined with an additional ST line which has its multiplication doubled.
try 3-2 and 6-2 signal : long (price above both levels and above 200ema and opposite for short ) entry price : last breakout price level stop price : nearest stop price level target : (use tv tool long/short) risk reward ratio (1: 1 when price above 200ema and long signal , opposite for short ) (1:2 when 50ema cross above 200ema and long signal, opposite for short )
if price goes above 1:2 target start training
SumitJain
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its beautiful...long above cloud and short below cloud...inbetween nothing doing...thanks.
ICEKI
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Nice works, appreciated your generous and efforts =D