Simple SuperTrend Indicator

Simple Super Trend indicator for MetaTrader 5. A trend indicator similar to moving averages. Use it for entry and exit signals. It gives accurate signals on precise time. Works as a Trailing SL/TP. This indicator can also be used on multiple timeframes where you place it on a larger timeframe then go to a lower timeframe.

Super Trend needs to be used in conjunction with other indicators like rsi, Parabolic SAR, MACD, etc to receive filtered signals.

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Color Candle Indicator. The indicator implements a breakout system using the channel. When price exits the gray channel, the candlestick color changes to the color corresponding to trend direction. Blue for growth, yellow color for fall. Bright colors denote coincidence of trend direction and direction of a candlestick. Dark colors correspond to the situation when the direction of a candlestick is opposite to trend.
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Mario Adalvise
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kester ugochukwu enebeli
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pola.X
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