Copy experienced traders' deals with MetaTrader Signals

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

2010.11.29 14:32
Kolier_SuperTrend_Indi

Kolier_SuperTrend_Indi - indicator for MetaTrader 4

| English Spanish Portuguese Russian

Views:
17001
Rating:
votes: 3

Author:

Kolier.Li

Description:

SuperTrend.mq4 was created by Jason Robinson (jnrtrading) and published on http://www.forex-tsd.com/221493-post1.html

Logic of SuperTrend.mq4: http://kolier.li/indicator/how-supertrend-mq4-works-logic-of-supertrend-indicator-created-by-jason-robinson-jnrtradin

What's Kolier_SuperTrend_Indi

    • Same logic, improvement implementation in code, can draw full chart and less resource consume.
    • Extended. TrendMode=0 means original logic for trend line. TrendMode=1 means new logic for trend line.

    Image:

    TrendMode=0




    TrendMode=1


    Parameters

    • BarsToCount How many bars to draw trend line.
    • TrendMode TrendMode=0 means original logic for trend line. TrendMode=1 means new logic for trend line.
    • ATR_Period ATR Period settings.
    • ATR_Multiplier In order to calculate upper and lower bands with ATR Range = Multiplier * ATR.


    Issues and Update

    Project Page: http://kolier.li/project/kolier-supertrend-indi
    SimpleMarketInfo SimpleMarketInfo

    Shows upcoming news events 1 hour before and 30 minutes after event. Also shows active sessions etc.

    Doda-Trend Doda-Trend

    Shows whether the market is trending or range-bound. Must to note before opening any position.

    BUY/SELL indicator BUY/SELL indicator

    Just trade looking at the arrows shown by indicator

    OrderManager OrderManager

    You can adjust SL/TP by dragging the lines drawn by the EA.