192# Supertrend with EMA Channel
Supertrend indicator trading
Supertrend with EMA Channel is a pure trend following trading system based on the Super trend indicator filtered by a 200 period High / Low exponential moving average channel.
The purpose of this strategy is to always be on the side of the market, it succeeds quite well, because this is precisely the function of the filter based on the slow exponential moving average channel, and at the same time improves the profitability of the Supertrend.
Time Frame 10 min or higher.
Currency pairs: any.
Indicators
200 EMA, High.
200 EMA, Low.
Supertrend (10, 3).
Trading Rules SuperTrend with EMA Channel
Trading only in the direction of the Trend.
Price above 200 EMA High= Up Trend.
Price below 200 EMA Low= Down Trend.
Buy
Candle above 200 EMA High.
Supertrend line below the price.
Sell
Candle below 200 EMA Low.
Supertrend line above the price.
Exit position
Place Initial Stop loss above/below the line of the Supertrend.
Profit target ratio stop loss 1:1.3 or at opposite signal.
Examples of trades
Share your opinion