Super Trends
Super Trends allows Secondary Factions to be assigned as trend confirmation factors.
Last updated
Super Trends allows Secondary Factions to be assigned as trend confirmation factors.
Last updated
The Super Trends section allows one or more to be assigned as trend confirmation factors. The system will fire trade signals only when the selected Secondary Factions agree with the on trend direction.
If Allow Any Confirmation is activated, the system will fire trend signals if ANY of the selected Secondary Factions confirm trend direction. If deactivated, ALL selected Secondary Factions must confirm trend direction.
If Super Trend confirmation requirements are not met, the system will enter . In this scenario, a 'Ranging' signal will be fired, and chart candles and the will appear yellow.
To maximize the power of Super Trends confirmation, primary and secondary factions should be optimized to market conditions. For example, to use as a Super Trends confirmation factor with as the primary faction, implement the following steps:
Select Wizards as the primary .
Select the strategy in the Wizards settings.
Ensure all boxes in the and Super Trends sections are unchecked.
Optimize Bollinger settings until the shows maximum and minimal Drawdown.
Select Rangers as the primary .
Rangers settings until the shows maximum and minimal .
Select Wizards Confirmation in the settings.
Secondary factions can also be used for trend confirmation in the section. You will find a comparison of these approaches to trend confirmation in the section.