SuperTrend EA MT5 Version

SuperTrend EA v4.06 MT5 — Automated Multi-Currency Trend-Following System

SuperTrend EA v4.06 is a fully automated technical trading system developed for MetaTrader 5. The core strategy identifies and executes high-probability trades based on confirmed trend reversals from the SuperTrend calculation engine, combined with multi-timeframe trend filters and dynamic moving average alignment. The system is engineered to trade multiple Forex currency pairs and Gold (XAUUSD) simultaneously from a single chart.

This software integrates a multi-layered filter architecture, adaptive volatility-based grid averaging, hidden profit protection logic, and native economic news avoidance within a single standalone program. All mathematical operations and indicator calculations are handled internally to ensure lightweight CPU usage and a completely clean chart interface.

The default parameters are pre-tuned and optimized for the 5-minute (M5) timeframe with 1-hour (H1) trend alignment, delivering high win rate accuracy, strict drawdown control, and smooth equity growth. The system operates entirely through native MetaTrader 5 API functions, supporting both Hedging and Netting account structures.

Version 4.06 Update Specifications

• Universal Symbol Auto-Detection: The EA now automatically discovers and maps broker-specific instrument names directly from Market Watch, eliminating the need to manually configure symbol suffixes or prefixes.
• Customizable Triple EMA Filter: Users can now configure custom periods for Fast, Medium, and Slow moving averages (default: 20, 50, 200 on H1 timeframe) with flexible price sources and timeframe selection.
• Real-Time Tick Management: Position tracking and risk control routines (Trailing Stop, Profit Lock, Basket TP, Basket SL, and Trend Reversal Exits) execute continuously on every price tick for immediate responsiveness.
• Enhanced News Synchronization: Native economic calendar timestamps are synchronized directly with broker server time to ensure precise trading pauses around high-impact news events.
• Proportional Grid Scaling: Grid lot sizing is strictly anchored to the initial starting lot, preventing exponential volume accumulation during extended market moves.
• Optimized Default Presets: Default settings are pre-configured based on rigorous multi-pair backtesting on the M5 timeframe.

Core Signal Engine

• Executes trade entries strictly upon confirmed candle closes (shift=1) to guarantee zero data repainting.
• Optional Breakout Confirmation requires candle closure beyond the baseline technical indicator level before triggering an entry.
• Directional trend filters confirm that higher timeframe momentum strictly aligns with trade direction before entry.

Multi-Symbol Portfolio Capabilities

• Monitors, analyzes, and executes trades across multiple currency pairs simultaneously from a single chart attachment.
• Configurable concurrent pair limiter manages portfolio exposure by capping the number of simultaneously active pairs.
• Automatically assigns unique magic numbers to each traded instrument for isolated, conflict-free order tracking.

Multi-Layer Technical Validation Filters

Every trade request must satisfy all enabled filter modules before execution:

• Multi-Timeframe Trend Filter: Confirms directional trend consensus across selected higher timeframes (M15, H1, H4).
• Triple EMA Alignment Filter: Validates trend structure via configurable moving average sequences (Stack Mode or Relaxed Mode).
• RSI Momentum Filter: Restricts trade entries when relative strength metrics occupy overbought or oversold zones.
• Volatility Filter: Uses Average True Range (ATR) percentages to prevent entry during illiquid flat periods or extreme abnormal volatility.
• ADX Trend Strength Filter: Evaluates directional movement index velocity to ensure sufficient trend momentum.
• Spread Protection Filter: Skips entry signals when the current broker spread exceeds the user-defined maximum spread threshold.
• Time and Session Filter: Restricts trading to specific operational hours and active trading days.
• Weekend Filter: Restricts new entries before the weekend close and resumes trading automatically on Monday.

Economic Calendar Integration

• Interfaces directly with the native MetaTrader 5 Calendar API without requiring external DLLs, URLs, or WebRequest permissions.
• Pauses new trade entries automatically before and after high, medium, or low impact economic news releases.
• Monitors economic releases across 8 major currencies (USD, EUR, GBP, JPY, AUD, CAD, NZD, CHF).
• Features automated broker GMT offset detection and displays upcoming news events with live countdown timers on the chart dashboard.

Grid and Position Management

• Optional adaptive averaging grid limited to a maximum ceiling of 9 levels per instrument.
• Calculates grid spacing dynamically using ATR volatility to adapt to changing market conditions.
• Tiered volume multipliers allow customized lot sizing across distinct recovery tiers.
• Dynamic Trailing Stop automatically trails stop-loss levels along live indicator lines.
• Hidden Profit Lock secures gains virtually without exposing stop-loss levels to the broker side.
• The grid module can be completely disabled for pure single-order trend trading.

Risk Management Parameters

• Automatic lot calculation based on Balance or Equity risk percentage, with fixed lot option.
• Basket Take Profit closes all open positions for a symbol when combined target profit is reached (fixed points or ATR-based).
• Basket Stop Loss provides overall account drawdown protection.
• Supports Standard, Micro, Cent, ECN, and Raw Spread account types.

System Requirements and Recommendations

• Account Type: Raw Spread, ECN, or Standard accounts with low spreads.
• Starting Deposit: Minimum 200 to 500 USD for conservative single-pair trading; 1,000 USD or equivalent for multi-pair portfolio trading. Cent or micro accounts can operate starting from 30 to 50 USD.
• Leverage: 1:100 or higher is recommended.
• Timeframe: Default parameters are pre-tuned for M5.
• Hosting: A low-latency Virtual Private Server (VPS) is strongly recommended for continuous 24/5 execution.

For support, setup assistance, or questions regarding parameter configurations, please leave a comment in the product Comments section or send a direct private message via the MQL5 community.