Watch how to download trading robots for free

Find us on Facebook!
Join our fan page

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

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

Views:: 8511
Rating:: (10)
Published:: 2018.08.23 12:46

SuperTrend_Dot.mq5 (11.27 KB) view

Download as ZIP, How to download code from MetaEditor

: Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

This is a modified version of the well-known Supervrend indicator by Olivier Seban - lines are replaced by dots allowing to display previously hidden one-bar change of direction.
This is just another trend detector.

The indicator has two input parameters:

Period - calculation period
Multiplier - ATR weight multiplier

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/21416

PWMA

Power weighted MA

Period_Extreme

Period Extreme signal indicator

Trend_ID

Trend identifier indicator

Trend_Trail_Indicator

Trend Trail indicator

SuperTrend_Dot - indicator for MetaTrader 5