CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

The WL SuperFive Trader

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:

  • Contains proven trading strategies from an experienced trader.
  • Can be used on every instrument.
  • Adapts automatically to all market conditions.
  • Can be used for day trading and swing trading set-ups.
  • Includes 1-hour online teaching by Wim Lievens.
  • Includes an educational video in English, French, German and Dutch.
  • Includes a detailed manual.
  • Includes 6 ready-to-use screeners.

Implementing the WL SuperFive Trader

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.

Screeners WL Superfive strategy.

The screeners cover different combinations of instruments and time-frames. Traders can modify these six ready-to-use screeners.

  • The “Morning” screeners are for traders, who wish to find trading opportunities from the start of the day. These tables consist of mainly European stocks, of forex pairs, indices and commodities.
  • The “Afternoon” screeners are for traders, who wish to find trading opportunities in the afternoon and evening, when the US markets are open. These tables consist of mainly American stocks, of forex pairs, indices and commodities.

Traders can also create their own screeners by selecting their preferred time frame(s), instruments and set-ups.

Real examples

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:

WL SuperFive Trader system Trend Correction.

This example shows a Trend Correction:

WL SuperFive Trader system Trend Correction.

This example shows a Trend Reversal:

WL SuperFive Trader system Trend Reversal.

This example shows a Trend Reversal:

WL SuperFive Trader system Trend Reversal.

This example shows a Momentum Trade:

WL SuperFive Trader system Momentum trade.

This example shows a Momentum Trade:

WL SuperFive Trader system Momentum trade.

How to use a screener to find trades

1. Right-click on one of the 6 screeners and select “Run” to launch the screener.

WL SuperFive Trader system in NanoTrader.

2. In the dialogue window confirm click “Start”.

Run a screener from Wim Lievens.

3. If you want to modify the screener (e.g. by adding or removing instruments), right-click on the screener name and select “Edit”.

WL SuperFive Trader for NanoTrader (not available in PRT).

The Screener Editor window appears, allowing you to edit the list of instruments and/or the study.

Trend Reversals, Trend Corrections and Momentum trades.

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:

  • Sentiment: either a long or short sell trading signal has been detected.
  • Trend corrections trades, Trend reversal trades and Momentum trades: a value greater than 0 indicates that a signal has been detected

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.

Wim Lievens trader.

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).

New strategy from Wim Lievens, the WL SuperFive Trader.

Click here to buy the WL SuperFive Trader in the store

Click here to test a free demo of the NanoTrader trading platform

Practical implementation

  • Open the WorkSpace bar and go to the Screeners folder.
  • Open the WHS Store folder and go to the Wim Lievens folder and select WL SuperFive Trader.
  • Select a screener and select Run.
  • The results of the screener will appear after all calculations.

Click here to buy the WL SuperFive Trader in the store