The WL SuperFive Trader is a new tool designed by Belgian trader Wim Lievens based on his best-selling WL SuperFive trading system for NanoTrader. It allows traders to easily identify the WL SuperFive trading set-ups from a large group of instruments by using the NanoTrader Screener technology.
The WL SuperFive Trader screens the markets for three proprietary trading set-ups included in the SuperFive system:
Click here to buy the WL SuperFive Trader in the store
Click here to test a free demo of the NanoTrader trading platform
These are the advantages of the WL SuperFive Trader pack:
The NanoTrader Full trading platform comes with a powerful screener functionality with which users can screen through hundreds of instruments in order to find potential trading opportunities. Traders usually use screeners to help them choose which instruments deserve their attention most in the current market situation.
In NanoTrader users can either use existing prebuilt screeners or easily create custom screeners by using their own table of instruments and their own search criteria.
The WL SuperFive Trader pack includes 6 ready-to-use screeners. The screeners can be accessed through the NanoTrader WorkspaceBar.
The screeners cover different combinations of instruments and time-frames. Traders can modify these six ready-to-use screeners.
Traders can also create their own screeners by selecting their preferred time frame(s), instruments and set-ups.
Before we show how simple it is to use these screeners, let's take a look at some concrete trading set-ups identified by the WL SuperFive Trader.
This example shows a Trend Correction:
This example shows a Trend Correction:
This example shows a Trend Reversal:
This example shows a Trend Reversal:
This example shows a Momentum Trade:
This example shows a Momentum Trade:
1. Right-click on one of the 6 screeners and select “Run” to launch the screener.
2. In the dialogue window confirm click “Start”.
3. If you want to modify the screener (e.g. by adding or removing instruments), right-click on the screener name and select “Edit”.
The Screener Editor window appears, allowing you to edit the list of instruments and/or the study.
4. Click Save to save your changes.
5. After launching a screener, it will take a few minutes until all the calculations are done (mainly depending on the number of instruments). The results are displayed in a new window. The window provides the following important information:
Logically only one of the three set-ups can have a signal on the same instrument at the same time.
This example shows a buy signal and two short sell signals. The number “0” means that recently no signal was detected for this instrument and for that signal type. The number “1” means a signal was detected in the current bar. The number “2” means a signal was detected in the previous bar. The number “3” means the signal is already older than > 2 bars.
By double-clicking on the instrument a chart will open showing the signal.
This example shows the chart for Incyte Corp for which a trend reversal signal was detected in the previous bar (=number 2 in the table).
Click here to buy the WL SuperFive Trader in the store
Click here to test a free demo of the NanoTrader trading platform