THE WL SUPERFIVE TRADING SYSTEM

Wim Lievens

Wim Lievens


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The SuperFive trading system is the latest development of Belgian trader Wim Lievens. The system incorporates all the major breakthroughs made by Wim over the last decade.

The name SuperFive comes from the intriguing fact that the system offers five specific types of trading. This capability makes the SuperFive system suitable for nearly all market conditions. The five types of trading -we will use the word “set-ups” going forward- which the system offers are:

I. Trend corrections

II. Trend reversals

III. Momentum trades

IV. Support & resistance tests

V. Break-outs

SuperFive is truly universal. It can be used for five traditional trading set-ups. It can be used on all instruments (market indices, commodities, forex, stocks…). It can be used for day trading and swing trading. It can be used in your preferred trading tempo (seconds, minutes, hours, ranges…).

The advantages of the WL SuperFive system:

  • Includes four proven trading tools from an experienced trader
  • Offers five trading set-ups (corrections, reversals, momentum…)
  • Adapts automatically to market conditions
  • Allows both day trading and swing trading
  • Allows manual, semi-automated and automated trading
  • Caters for every trading tempo (seconds, minutes, hours, ranges…)
  • Looks very nice in the charts
  • Gives alarms when a trading signal occurs

The four components of the WL SuperFive system

These components were designed over the years by experienced trader Wim Lievens himself. Each component has a particular function.

  • The WL Bars combine the benefits of range bars, renko charts and heikin ashi candles. They are described in detail here.
  • The WL Triads are based on the concept of market structure points. Their strength lies in their combination with the WL Bars. The WL Triads provide the trader with precise entry and exit points.
  • The WL Momentum Cloud is a blue-purple cloud in the chart. The momentum cloud visualizes price action movement. It clearly shows the trader when momentum is on his side. The WL Momentum cloud, combined with the WL Triads, presents trading opportunities when the market price moves outside the momentum cloud.
  • The WL Trend Cloud is a green-red cloud in the chart. The trend cloud provides the trader with the current trend. Uniquely, the trend cloud combines two time-related (or range) charts into one. Opening two charts to see the trend in a lower and a higher time frame is no longer necessary!


The SuperFive trading set-ups

This summary review of each trading set-up gives you a very good first impression. Each set-up is explained in detail in the videos. The videos are included in the purchase of the SuperFive trading system.

I. Trend corrections

Trend corrections are a classic trading set-up. The trader waits for the second and the third corrections in a new trend. It is important to only trade the ‘best’ corrections. This is where the WL Triads come into play.

II. Trend reversals

Trends don’t last forever. Sooner or later the trend will either stop (and the market moves sideways) or reverse. To identify a reversal the set-up uses a 1-2-3 reversal pattern.

III. Momentum

Strong price movements are unpredictable. A classic candlestick chart will simply show a big candle. There is no information available to trader if it is still possible to enter or if it is too late. The momentum set-up in the SuperFive system points out hesitations (WL Triads formed by WL Bars) during a strong price move, allowing traders to still ‘jump on the bus’. First price movements are the best, and it is good to limit the number of signals with the maximum signal setting (see Ease of Use).

IV. Support & resistance tests

Buyers and sellers will often step in the market at particular price levels which have repeatedly occurred in the past. These are usually price levels at which significant volume was traded and at which the market price found support or resistance.

The SuperFive system allows traders to indicate a support and resistance level. The system will detect if on two occasions the support or resistance is broken. On the third such occasion a trading signal occurs.

V. Break-outs

Break-outs tend to occur at key levels (round numbers, pivot points, previous day high or low, opening range price levels…). Buyers and sellers step into the market at these price points.

The SuperFive system allows traders to set a break-out range. The system will detect when the market price moves out of the range. A trading signal occurs upon the appearance of the first WL Triad in the WL Momentum Cloud.

For more information do not hesitate to contact me.