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SuperTrend for MT5

5

The popular "SuperTrend" indicator is a technical analysis tool that helps identify the direction of a trend and potential entry or exit points in financial markets. The indicator is based on the Average True Range (ATR), which measures market volatility based on price ranges. It's free on other platforms and there's no reason it shouldn't be here as well!

It's commonly used in three ways:

  1. To Identify the Current Trend: When the price is above this line, it's considered an uptrend, and when the price is below, it's considered a downtrend.
  2. Used as a Stop-Loss Level.
  3. As Dynamic Support/Resistance: In an uptrend, this line is found below the price and acts as a dynamic support level. In a downtrend, this line is found above the price and acts as a dynamic resistance level.
Reviews 6
Rafal Krzysztof Manuszewski
2283
Rafal Krzysztof Manuszewski 2024.10.04 21:10 
 

ok

Francisco Gomes Da Silva
103641
Francisco Gomes Da Silva 2024.09.25 23:49 
 

Maravilha de indicador, parabéns ao criador!!! nota 10!! o melhor Super Trend do site mql5

KamonChanachai
91
KamonChanachai 2024.07.28 12:37 
 

useful

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LEGEX LTD
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DESCRIPTION ICSM (Impulse-Correction SCOB Mapper) is the indicator that analyzes the price movement and identifies valid impulses, corrections and SCOBs (Single Canndle Ordere Block). It is a powerful tool that can be used with any type of technical analysis because it's flexible, informative, easy to use and it does substantially improve trader's awareness of the most liquid zones of interest. SETTINGS General | Visuals Colour theme — defines the colour theme of the ICSM. SCOB | Visuals Show
TPA True Price Action MT5 Indicator
InvestSoft
5 (10)
Indicators
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our customers. The first "The Basics"
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Double or Triple EMA Envelope
Ulises Calderon Bautista
5 (1)
Indicators
The Exponential Moving Averages (Double or Triple) Envelopes Indicator is a technical analysis tool designed to assist you in identifying trends and potential reversal points in the financial market. This indicator offers traders the flexibility to choose between two types of exponential moving averages: the Double Exponential Moving Average (DEMA) or the Triple Exponential Moving Average (TEMA). Key Features: Double or Triple Exponential: Switch between DEMA and TEMA based on your analysis pre
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Envelope of Adaptive Moving Average
Ulises Calderon Bautista
Indicators
The "Envelope of Adaptive Moving Average" indicator is a tool to assist you in making informed decisions in the financial market. It is designed to provide you with a clear view of the trend direction and potential entry and exit points in your trades. This indicator is based on an adaptive moving average, which means it automatically adjusts to changes in market volatility. This makes it especially useful in markets that can be both calm and volatile. The indicator displays two lines that enve
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Correlated MT5
Ulises Calderon Bautista
Experts
Correlation occurs when the price of two or more currency pairs move together. Being positive correlation, where prices move in the same direction or negative correlation, where they move in opposite directions. As a trader, it's important to understand that relation, as it can unconsciously affect your account's risk exposure. Correlated is an Expert Advisor that identifies and takes advantage of divergent movements in strongly correlated currency pairs. It also shows a table of yields, standa
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Igor Mishchenko
190
Igor Mishchenko 2024.10.26 10:32 
 

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Rafal Krzysztof Manuszewski
2283
Rafal Krzysztof Manuszewski 2024.10.04 21:10 
 

ok

Francisco Gomes Da Silva
103641
Francisco Gomes Da Silva 2024.09.25 23:49 
 

Maravilha de indicador, parabéns ao criador!!! nota 10!! o melhor Super Trend do site mql5

KamonChanachai
91
KamonChanachai 2024.07.28 12:37 
 

useful

Seth Tetteh
1430
Seth Tetteh 2024.04.25 20:28 
 

nice job

Detleff Böhmer
2803
Detleff Böhmer 2023.09.06 19:20 
 

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Version 1.2 2023.09.09
bug fixes
Version 1.1 2023.09.06
bug fixes