Indicators: Super Trend updated and simpler code

 

Super Trend updated and simpler code:

This is just another version of the well known Super Trend indicator. The code is simplified but it has the same output on the chart screen.

Super Trend updated and simpler code

Author: Keith Watford

 
Instead of Draw_Arrow, how to change it to draw only line not dots?
 
I have coded it to use dots as there may be occasions when the SuperTrend upper or lower only shows for a single bar. A line requires at least 2 bars to show whereas an arrow only needs 1.
 
Will you please add Buy/Sell arrows when color changes.
 
Grigori.S.B:
Will you please add Buy/Sell arrows when color changes.

I don't really see the point of that as the change is obvious without an arrow.

 
I would like to know if there is any chance for a MT5 version? 
 
This seems to be ideal for signal generation but without SL/TP. A MT5 version would be most welcome. I tried to convert to MT5 but the "iATR" function has different parameters on MT5. I guess some bigger transformation would be required to make this work on MT5.
Reason: