SuperTrail Indicator for TradingView 2024 BUY NOW

Hello there, I am asking $50 as a one-off to get access to the SuperTrail Indicator

The SuperTrail is a modern percentage based Trailing Stop Loss indicator that can be used on any time frame (down to 1 second candles) across stocks, ETFs, commodities, forex, cryptocurrencies and other investment types. It requires TradingView to work and its goal is to assist you in identifying on a per stock basis bullish and bearish trends to help you stay in your trades longer and most importantly notify you or allow you to set exits for when the trend changes to help you protect your downside.

If you would like to go ahead so you can get started then you can use the link below to send payment and afterwards message me on TradingView to let me know and I can add you to the script. Very happy to refund you within 24 hours if you don't like it. It is super easy to set up and use. I'll help you if you get stuck. Set up instructions and requirements are at the end of this page.

Click here to order the SuperTrail indicator

The SuperTrail in Action

SuperTrail Advantages

It is a modern cloud-based indicator, developed in 2020 due to the volatility in the markets
It is a super simple, highly intuitive very visual technical indicator that everyone can understand quickly and easily regardless of experience
It works best on investments where there is a clear trend but will work in any market. Rising, ranging or falling
It is designed to try and keep you in the trade longer to maximise your profits, and get you out when the trend of the stock changes
It is designed to work with modern brokerage systems by providing you with a trailing stop loss value you can enter into your system to better help protect your account. Moving your stops up as the price moves up, and keeping it fixed if the price is moving down
It is built on TradingView and as such will work on any device where you have access to a web browser
It will work on any timeline. Monthly, weekly, daily, hourly etc down to 1 second candles
It will work on stocks, currencies, commodities, indicies, bonds and cryptocurrencies
It is an individual investment (eg stock) specific indicator. Not a generic one value applies to all
It will help you identify a stocks average trading range (ATR) over a period of time
It will help you identify possible exit and entry areas
It will help you set target areas when there is no obvious support or resistance levels - especially in the case of stocks making new all time highs
It will help you compare volatility between different stocks
It is a subjective indicator meaning you get to choose what value feels best for you and your own personal risk appetite.
It is a live indicator not a lagging one. It will alert you the instant an alert condition is met.
It can send alerts to your screen, email, mobile phone, SMS, and is webhook ready if one day you want to use it to auto-trade
It supports wicks to help reduce you getting taken out of a trade too early by market manipulators stop hunting
It is useful for both Fundamental and Technical traders

SuperTrail Indicator

Some ways that I and others use it include:

It can help you better identify an individual stock's "natural movement" over a period of time allowing you to better time your entries and exits
It is designed to try and tell you when something unusual is happening to the stock. It is no longer moving in its normal range so a reversal is possibly about to occur - up or down
It keeps you in the trade longer through wider market volatility. Some stocks will stay in an uptrend for months or years with 100%+ type gains
The closer the price is to the SuperTrail line and heading back up away from it, in theory the better value the stock is as it is closer to the bottom of its range
You can use it to identify values from which you can set manual or trailing stop losses in your trading system and thus help you better manage your risk
I use it a lot on global markets where I am asleep while they are open and where I don't follow or have any insights into the wider market movements. I just want to know if the stock breaks trend I will auto exit because I have stops in place
Some people hold dozens or even hundreds of stocks in their portfolio. Without some kind of automated risk management, it is simply too complex to keep across the movement of all their stocks. An automated trail set to each stock's specific movements helps to better manage this risk
You can use it to go long (buy) or short (sell) or both. I remember reading a quote that said only going long (buying) and not being able to short (make money when a stock is falling) is like playing tennis with only a forehand and no backhand

SuperTrail Example Strategy

How you trade should always be up to you. Your money, your risk, your decision. The image below is just one suggestion. You should always come up with your own plan that makes sense to you.

SuperTrail Strategy

In terms of entry, I typically wont buy a stock if its RSI(14) is below 55 or above 70. I will often set an alert on the RSI to wait until they are reached if a stock doesn't meet them. Other people like to combine the SuperTrail with a MACD or other popular momentum indicators.

As far as exiting the trade goes, the reason for the 5% to 6% initial stop in the image above is that's the maximum I want to risk losing if the trade goes the wrong way. Sometimes a stock might gap down after hours on bad news and sell for a much lower price than your stop, but these are infrequent, and better to get out than be wiped out. Likewise you might get stopped out and the next day the stock goes up. That's okay. Just buy back in again when you get an alert. Sometimes the SuperTrail will show you the "right" level might be higher than your risk appetite. eg 25% to 30% might be the right level for some more volatile stocks. You can choose to either not trade that stock, or you can set your maximum stop loss to say 15% even if the indicator suggests a higher amount. Statistically 15% seems to be the sweet spot for most stocks based on my own experiences with the SuperTrail and other peoples back testing in the suggested reading and other examples I have seen. Likewise on some stocks where the trail is less than 10% I will add a percent or two just to give the stock a bit more room to wiggle.

If you find different ways to use it successfully and come up with your own strategy, please let me know :)

Example of Pattern I Like

This is the kind of pattern I like where the stock has been going up nice and steadily, then had a pull back, and seems to be recovering again and going up. I like that the SuperTrail has resignaled a buy and is further supported by volume seems okay and the RSI is pointed up and has pushed up through 55 (current value not shown on the chart is 57) showing momentum is there. There is a chance it might retrace and come back down, but all I am trying to do is get the odds on my side and hope it continues up. My 6% stop will protect me though if it goes the wrong way and get me out of the trade.

Trade Station and SuperTrail Indicator

How I Find Trending Stocks

A super simple way is to use the built in TradingView screener, add some moving averages to your chart, and then set your yearly, monthly, and optionally weekly performance values to filter the list down to a manageable number. Look through the results for stocks where the price and the moving averages are all running together nicely in parallel. The whole slow and steady approach.

Once you have a list of suitable stocks in your watch list you can then go through them and work out which ones to potentially buy based on your own criteria. I typically look for stocks with an RSI pointing up but between 55 ( shows momentum) and 65 (not yet over valued) that have had a bit of a pullback recently, but look like they are heading up again. Super simple strategy anyone can follow and understand. Try it and see what you find. One of those the trend is your friend kind of things :)