VM SuperAshi Trend

VM SuperAshi Trend 

Indicator combining Supertrend with smoothed Heiken Ashi candles. It generates confirmed buy and sell signals on the chart, draws Fast EMA, Slow EMA and Trend EMA lines, and shows a market analysis label (UPTREND / DOWNTREND / REVERSAL).

Main Features

• Supertrend signal logic filtered by smoothed Heiken Ashi candles to reduce market noise
• Non-repainting Buy and Sell arrows appear when Supertrend changes direction and Heiken Ashi confirms the move
• Three EMA lines (Fast, Slow, Trend) for clear visual trend context
• Market Analysis label that displays current market condition
• Smart alert system (Popup, Email, Push) designed to limit unnecessary notifications
• EMA Price Zone Filter with optional ATR-based tolerance to help filter trading signals
• Auto-Trailing Stop based on Supertrend with configurable ATR parameters
• Trading Statistics Simulator that calculates historical trade performance over a selected number of bars or days
• Early Close on Reversal Signal option for simulated trades
• Statistics Panel that shows simulation results directly on the chart
• Risk Calculator that estimates trading risk based on account balance and risk percentage, with optional chart display
• Additional display and customization options for trailing stop lines, labels, statistics and risk information
• Works on all symbols and timeframes from M1 to D1
• Lightweight code suitable for multiple charts

How It Works

The indicator waits for a Supertrend direction change. It then checks the color and direction of the smoothed Heiken Ashi candle. Only when both conditions align does it place a Buy or Sell arrow and trigger an alert (if enabled).

The EMA Price Zone Filter can be activated to require price to be inside a defined EMA zone (with optional ATR tolerance) before a signal is accepted.

Auto-Trailing Stop follows the Supertrend line and can be adjusted through ATR parameters. Trailing stop lines and labels can be customized for better visibility.

The Trading Statistics Simulator runs historical signals over a chosen number of bars or days. It supports an Early Close on Reversal Signal option and displays the results in a Statistics Panel on the chart.

The Risk Calculator estimates position risk using account balance and a selected risk percentage. Results can be shown on the chart if needed.

The three EMA lines help traders quickly see whether the signal occurs in a strong trend or during a weaker phase:

• Fast EMA above Slow EMA above Trend EMA - UPTREND
• Opposite order - DOWNTREND
• Mixed order - REVERSAL or ranging condition

Practical Example

On M15 chart with ATR period 21 and Multiplier 1.0:
Price breaks above the Supertrend line and the Heiken Ashi candle closes bullish - Buy arrow appears and alert is sent.
EMA label shows Fast > Slow > Trend = UPTREND. This combination supports holding the position longer.
With the EMA Price Zone Filter and Auto-Trailing Stop enabled, the signal can be further refined and managed according to the selected settings.

Recommended Timeframes

The current default configuration is optimized for XAUUSD on the M5 timeframe.

It can also be used on other timeframes:

• Scalping: M1 - M15
• Intraday: M15 - H1
• Swing / Position: H4 - D1

Why Traders Use It

Instead of watching several separate indicators, traders receive one clear visual package:

• Confirmed entry arrow
• EMA trend structure and price zone filter
• Instant market condition label
• Optional auto-trailing stop
• On-chart statistics simulation and risk information

This helps focus on higher-quality signals and reduce time spent filtering noise.

Support

Quick guide and illustrations are available on the product page.
For technical questions, usage guidance or suggestions, please contact the author through MQL5 private messages or leave a comment under the product.

VM SuperAshi Trend is built for traders who prefer confirmed trend signals with clear visual context and practical simulation tools on MetaTrader 5 charts.