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Triple SuperTrend with EMA

Supertrend indicator uses a combination of a moving average and average true range to detect the trend of a trading instrument.

Supertrend indicator for MetaTrader 5 easily shows the trend as a line following the price.

USAGE THIS INDICATOR

If the closing prices are above Supertrend Line, there is a Bullish sentiment at that moment. The opposite is a Bearish sentiment.
Three green lines - Strong Bullish sentiment.
Three red lines - Bearish sentiment.

For BUY :

- Three green lines and price above EMA (200)

- Stop Loss below last supertrend red line.

For SELL:

- Three red lines and price bellow EMA (200)

- Stop Loss above last supertrend green line.


Some traders use the Supertrend Line as a Stop Loss boundary.

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Supertrend indicator uses a combination of a moving average and average true range to detect the trend of a trading instrument. Supertrend indicator for MetaTrader 5 easily shows the trend as a line following the price. Triple SuperTrend Histo indicator  calculate  three supertrends to show the trend as a histogram. Changing the color from red to green means you can BUY , from green to red means you can SELL . Description of the method of drawing a histogram. The price is above the EMA 200,
Supertrend   indicator uses a combination of a moving average and average true range to detect the trend of a trading instrument. Supertrend indicator for MetaTrader 5 easily shows the trend as a line following the price. You can use the second my indicator: You will see 3 supertrends and EMA 200 lines on the screen. Working with my product : https://www.mql5.com/en/market/product/80692
Robot usage: RSI, EMA, MFI to open trade.  RSI — Relative Strength Index — is an indicator created by Welles Wilder. The main objective for this indicator is to measure the strength of an instrument now against its history. To do it, the indicator compares price changes of up days to down days. The RSI indicator is a momentum as it shows the velocity of the upward or downward market movement, is an oscillator as it is bounded and oscillates between 0 and 100 level, and is a leading indicator as
Multicolor moving average (8x). Define period, color, line width. Set period =0  to off  moving average. The moving average (MA) indicator is one of the most used technical indicators for forex traders. It's   a formula used to calculate the averages of a market's movements over a longer time period (usually weeks or months rather than days) to identify trends , which is vital for a good forex trading strategy.
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