Forex Trading Strategies

200ma Supertrend Strategy: The Ultimate Guide to Forex Trading


The 200ma SuperTrend strategy is a powerful technical indicator popular amongst Forex traders. This strategy can be used for determining entries and exits, as well as setting stop-loss orders. It is based on an exponential moving average (EMA) of the underlying security’s price – usually a 200-period EMA. The SuperTrend indicator then compares the current EMA to a previous period’s EMA to determine whether the current price is in an uptrend or downtrend. The SuperTrend can help traders identify trends quickly and use them to their advantage to generate profits from the Forex market.