Supernova Forex Trading System

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Supernova Forex Trading System

The supernova is a trend following forex strategy. It means that you only have to trade in the direction of the trend. This method is useful to a 15-minute timeframe or higher and works in all currency pairs.

Metatrader Indicators:

  • DMI (14) for time frame 15min DMI (13) time frame higher;
  • HA;
  • QQE (4)
  • Momentum (10)
  • QQE alert v.3
  • Parabolic Sar alert

Long Entry:

  1. The D+ is greater than 25.
  2. The momentum is greater than 10.
  3. HA blue
  4. The QQE crosses above its moving average and Parabolic is yellow.

Short Entry:

  1. The D- is greater than 25.
  2. The momentum is less than 10.
  3. HA red
  4. The QQE crosses above its moving average and Parabolic is magenta.

Exit Position:

  • place stop loss at higher or lower previous of entry;
  • trailing stop
  • Set target profit
  • QQE alert reversal signal.

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