AV SuperTrend EA MT5

"AV SuperTrend EA MT5" is an expert advisor for MetaTrader 5, which uses the change in the SuperTrend as an entry, can trail the positions on the SuperTrend line and automatically closes the positions when the trend changes. Only one position is opened at a time. Depending on the setting, there is always a position open.

An SMA can be used as a filter: above the SMA only long entries, below the SMA only short entries.

The supertrend advisor is particularly suitable for trendy markets. In the range he goes long too far up and shorts too far down. Then it helps to set the multiplier narrower, e.g. 1.5.

Use: Trend following e.g. NASDAQ/USTEC/US100 H1, S&P/US500 H1


Settings:

- Timeframe (SuperTrend & SMA): H1
- Trade direction: Long/Short/Long and Short
- Lot: 0.1
- Compounding Lot (0 = off): add x lot after a win (two in a row compounding method)
- Lots per Account Size: 1000 (0 = Fixed Lotsize)

- SuperTrend Period: 10
- SuperTrend Multiplier: 1.0 to 7.0 (= distance SuperTrend to the price)
- SuperTrend Trailing: yes/no

- TP: 0 (Take Profit Pips)
- SL: 100 (Stop Loss Pips)

- Filter: SMA period e.g. 200 (0 = no filter)

- Buy Signal: signal color
- Sell Signal: signal color

- Magic number
- Order comment


Two Screenshots NEW VERSION 1.3:

- USTEC H1, October 1st, 2021 - September 22nd, 2023 (Period 15, Multiplier 7, SMA 200, Trailing true, SL 100, 10 lot or 1 lot per EUR 1000,-)

- To show the potential of the new version, I also used 10 lots at EUR 10,000. My thought here, was that if it works with 10% risk, it also works with 1%.


Screenshots of USTEC H1 with AV SuperTrend indicator and AV TradeHistory indicator:

- Multiplier 2.0 without trailing with SMA 200 filter (close on trend change)

- Multiplier 3.0 with trailing with SMA 200 filter

- Multiplier 3.0 with trailing without SMA 200 filter

- USTEC H1, 01.10.2021 - 10.04.2023 (Periode 15, Multiplier 4, SMA 200, Trailing true, SL 0, 10 Lot)

altro...