I'll review the Pivot Point Supertrend Trading Strategy in this video. This strategy has up to a 90% success rate with an avg. of 80-100% profits weekly. I think it's well worth our time to review and potentially implement or even automate going forward. Enjoy.
Stew
Note
Here are the four rules for your quick reference:
1. The price has closed higher than the moving averages (long). Visa-versa (short). 2. The 50 EMA is above the 200 EMA (long). Visa-versa (short). 3. Pivot Point Supertrend has given a signal. 4. At the time the signal is issued the volume bar should be orange or yellow.
Note
Here are the indicators utilized: 1. 10 in 1 Different Moving Averages ( SMA/EMA/WMA/RMA ) by hiimannshu 2. Pivot Point Supertrend by LonesomeTheBlue 3. Heatmap Volume by xdecow
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