Supertrend by KivancOzbilgic MT4

5

To get access to MT5 version please click here.

  • This is the exact conversion from TradingView: "Supertrend" by "KivancOzbilgic".
  • This is a light-load processing and non-repaint indicator.
  • Highlighter option isn't available in MT4 version.
  • You can message in private chat for further changes you need.

Here is the source code of a simple Expert Advisor operating based on signals from Supertrend.

#property strict

input string EA_Setting="";
input int magic_number=1234;
input double fixed_lot_size=0.01; // select fixed lot size

enum ENUM_SOURCE{OPEN, CLOSE, HIGH, LOW, HL2, HLC3, OHLC4, HLCC4};
input string    SuperTrend_Setting="";
input int Periods = 10; //ATR Period
input ENUM_SOURCE src = HL2; //Source
input double Multiplier = 3; //ATR Multiplier
input bool changeATR= true; //Change ATR Calculation Method ?
input bool showsignals = false; //Show Buy/Sell Signals ?

void OnTick()
  {
      if(!isNewBar()) return;
         
      bool buy_condition=true;
      buy_condition &= (BuyCount()==0);
      buy_condition &= (IsSuperTrendBuy(1));
      if(buy_condition) 
      {
         CloseSell();
         Buy();
      }
         
      bool sell_condition=true;
      sell_condition &= (SellCount()==0);
      sell_condition &= (IsSuperTrendSell(1));
      if(sell_condition) 
      {
         CloseBuy();
         Sell();
      }
  }

bool IsSuperTrendBuy(int index)
{
   double value_buy=iCustom(_Symbol, PERIOD_CURRENT,
    "Market\\Supertrend by KivancOzbilgic MT4",
    Periods, src, Multiplier, changeATR, showsignals, 8, index);
   return value_buy!=EMPTY_VALUE;
}

bool IsSuperTrendSell(int index)
{
   double value_sell=iCustom(_Symbol, PERIOD_CURRENT,
    "Market\\Supertrend by KivancOzbilgic MT4",
    Periods, src, Multiplier, changeATR, showsignals, 9, index);
   return value_sell!=EMPTY_VALUE;
}

int BuyCount()
{
   int counter=0;
   for(int i=0;i<OrdersTotal();i++)
   {
      if(OrderSelect(i, SELECT_BY_POS)==false) continue;
      if(OrderSymbol()!=_Symbol) continue;
      if(OrderMagicNumber()!=magic_number) continue;
      if(OrderType()==OP_BUY) counter++;
   }
   return counter;
}

int SellCount()
{
   int counter=0;
   for(int i=0;i<OrdersTotal();i++)
   {
      if(OrderSelect(i, SELECT_BY_POS)==false) continue;
      if(OrderSymbol()!=_Symbol) continue;
      if(OrderMagicNumber()!=magic_number) continue;
      if(OrderType()==OP_SELL) counter++;
   }
   return counter;
}

void Buy()
{
   if(OrderSend(_Symbol, OP_BUY, fixed_lot_size, Ask, 3, 0, 0, NULL, magic_number, 0, clrNONE)==-1)
   {
      Print("Error Executing Order: ", GetLastError());
      //ExpertRemove();
   }
}

void Sell()
{
   if(OrderSend(_Symbol, OP_SELL, fixed_lot_size, Bid, 3, 0, 0, NULL, magic_number, 0, clrNONE)==-1)
   {
      Print("Error Executing Order: ", GetLastError());
      //ExpertRemove();
   }
}

void CloseBuy()
{
   for(int i=OrdersTotal()-1;i>=0;i--)
   {
      if(OrderSelect(i, SELECT_BY_POS)==false) continue;
      if(OrderSymbol()!=_Symbol) continue;
      if(OrderMagicNumber()!=magic_number) continue;
      if(OrderType()==OP_BUY) 
         if(OrderClose(OrderTicket(), OrderLots(), Bid, 3, clrNONE)==false)
         {
            Print("Error Closing Position: ", GetLastError());
         }
   }
}

void CloseSell()
{
   for(int i=OrdersTotal()-1;i>=0;i--)
   {
      if(OrderSelect(i, SELECT_BY_POS)==false) continue;
      if(OrderSymbol()!=_Symbol) continue;
      if(OrderMagicNumber()!=magic_number) continue;
      if(OrderType()==OP_SELL) 
         if(OrderClose(OrderTicket(), OrderLots(), Ask, 3, clrNONE)==false)
         {
            Print("Error Closing Position: ", GetLastError());
         }
   }
}

datetime timer=NULL;
bool isNewBar()
{
   datetime candle_start_time= (int)(TimeCurrent()/(PeriodSeconds()))*PeriodSeconds();
   if(timer==NULL) {}
   else if(timer==candle_start_time) return false;
   timer=candle_start_time;
   return true;
}



Reviews 1
Bahadir786
85
Bahadir786 2024.11.27 10:17 
 

Good indicator , thank you

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The indicator identifies the harmonic patterns (XABCD) according to developments of H.M.Gartley ( "Profits in the Stock Market" , 1935г). It projects D-point as a point in the perspective projection (specify ProjectionD_Mode = true in the settings). Does not redraw. When a bar of the working timeframe closes, if the identified pattern point has not moved during Patterns_Fractal_Bars bars, an arrow appears on the chart (in the direction of the expected price movement). From this moment on, the ar
Daily Candle Predictor is an indicator that predicts the closing price of a candle. The indicator is primarily intended for use on D1 charts. This indicator is suitable for both traditional forex trading and binary options trading. The indicator can be used as a standalone trading system, or it can act as an addition to your existing trading system. This indicator analyzes the current candle, calculating certain strength factors inside the body of the candle itself, as well as the parameters of
Enigmera
Ivan Stefanov
5 (8)
ENIGMERA: The core of the market The indicator’s code has been completely rewritten. Version 3.0 adds new functionalities and removes bugs that had accumulated since the indicator’s inception. Introduction This indicator and trading system is a remarkable approach to the financial markets . ENIGMERA uses the fractal cycles to accurately calculate support and resistance levels. It shows the authentic accumulation phase and gives direction and targets.  A system that works whether we are in a tre
Automated Trendlines
Georgios Kalomoiropoulos
5 (17)
Trendlines  are the most essential tool of technical analysis in forex trading.  Unfortunately, most  traders don’t draw them correctly. Automated Trendlines indicator is a professional tool for serious traders that help you visualize the trending movement of the markets . There are two types of Trendlines Bullish Trendlines and Bearish Trendlines. In the uptrend, Forex trend line is drawn through the lowest swing-points of the price move. Connecting at least two "lowest lows" will create a tr
FX Power MT4 NG
Daniel Stein
4.95 (19)
FX Power: Analyze Currency Strength for Smarter Trading Decisions Overview FX Power is your go-to tool for understanding the real strength of currencies and Gold in any market condition. By identifying strong currencies to buy and weak ones to sell, FX Power simplifies trading decisions and uncovers high-probability opportunities. Whether you’re looking to follow trends or anticipate reversals using extreme delta values, this tool adapts seamlessly to your trading style. Don’t just trade—trade
Gold Stuff
Vasiliy Strukov
4.85 (262)
Gold Stuff is a trend indicator designed specifically for gold and can also be used on any financial instrument. The indicator does not redraw and does not lag. Recommended time frame H1. At it indicator work full auto  Expert Advisor EA Gold Stuff. You can find it at my profile. Contact me immediately after the purchase to get   personal bonus!  You can get a free copy of our Strong Support and Trend Scanner indicator, please pm. me! Settings  and manual here  Please note that I do not sell my
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Bahadir786
85
Bahadir786 2024.11.27 10:17 
 

Good indicator , thank you

Yashar Seyyedin
54262
Reply from developer Yashar Seyyedin 2024.11.27 10:24
Thanks. Happy that you found it useful.
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