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Indicators: SuperTrend

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MetaQuotes Software Corp.
Moderator
181107
MetaQuotes Software Corp. 2008.07.20 09:17 

SuperTrend:

The SuperTrend indicator developed for MetaTrader 4 based on the ProRealTime version.

Author: Jason Robinson

savulescu
7
savulescu 2008.07.21 08:02  
pls , more details
Jason Robinson
12
Jason Robinson 2008.07.21 18:59  
aditzas:
pls , more details

The SuperTrend basically follows the trend of the price. If the SuperTrend is green and below the price then it usually indicates an up trend and vice versa. The most significant part is when the line starts to go flat. It, to me at least, provides a better visual clue of trend starting to lose momentum.


Nbr_Periods: adjusts the amount of bars for calculation. (the average true range)

Multiplier: The amount to multiply the result of the avarage true range by. This result is then added to the median price of the current bar.

That's all I can really tell you.
MQL4 Comments
16319
MQL4 Comments 2008.07.22 01:19  

latest version STv1.2

http://www.forex-tsd.com/221493-post1.html

//|                                                        SuperTrend.mq4 v1.2 |
//|                   Copyright © 2008, Jason Robinson (jnrtrading). |
//|                                      http://www.spreadtrade2win.com |

http://www.forex-tsd.com/attachments/indicators-metatrader-4/65499d1216660469-supertrend-supertrend.mq4

Jason Robinson
12
Jason Robinson 2008.07.22 18:57  
fxxx:

latest version STv1.2

http://www.forex-tsd.com/221493-post1.html

//|                                                        SuperTrend.mq4 v1.2 |
//|                   Copyright © 2008, Jason Robinson (jnrtrading). |
//|                                      http://www.spreadtrade2win.com |

http://www.forex-tsd.com/attachments/indicators-metatrader-4/65499d1216660469-supertrend-supertrend.mq4

Thanks. I've actually updated it on here before you posted that but they haven't published it yet. Hopefully soon though.
Jason Robinson
12
Jason Robinson 2008.07.25 22:06  
Well seeing as the idiots here are not going to publish the updated article:

DOWNLOAD THE LATEST VERSION FROM THE FOREX-TSD LINK. THANKS.

MQL4 Comments
16319
MQL4 Comments 2009.12.22 03:49  

Great indicator! Definitely will add to my tool box!

tdezo
14
tdezo 2010.07.02 01:09  
hard to tell, looks like this indi tells you whatever you want to hear.
MQL4 Comments
16319
MQL4 Comments 2011.08.16 12:24  

Hi,

a systematic large-scale analysis of Super-Trend parameter influence and recommendations for the best parameters for all major FOREX pairs are given here:

http://tradingresearch.wordpress.com/2011/08/15/evaluation-of-super-trend-indicator's-parameters-for-all-major-forex-pairs-over-12-years/

The analysis is based on >12 years back testing for each currency pair.

Hope this helps in selecting your best parameters :-)
dimifx
3
dimifx 2011.08.24 16:24  

Super trend is a great indicator and I am using It in 1 min time frame, I was wandering if there is also for Meta Trader 5.

I am looking the code base of indicators for Meta Trader 5 but I cannot find supertrend.mq5

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