Market / MetaTrader 4 / Utilities /

MQLTA Supertrend Trailing Stop

FREE

Published: 22 November 2017

Current version: 1.3

MQLTA Supertrend Trailing Stop

4.75

Utilities
MQL4 Trading Automation
Version: 1.3
Updated: 16 February 2021

The Supertrend Trailing Stop will trail the Stop Loss price of your selected orders following the Supertrend Line, so you don't have to worry about having to change it manually.

MQLTA Supertrend Trailing Stop requires you to install the FREE Indicator Supertrend Line https://www.mql5.com/en/market/product/25951

How does it work?

The Expert Advisor sets and moves the Stop Loss price of the selected orders following the value of the Supertrend Line.

You can filter the Orders by

Symbol
Comment
Magic Number
Buy/Sell

Parameters

ATR Multiplier - the lower it is and the more sensitive is the line, meaning it will follow the price more closely
ATR Period - Period of the ATR used for the calculation
ATR Max Bars - Number of bars to draw the lines to
ATR Supertrend Timeframe Calculation - To select which timeframe to use for the Supertrend calculation
Apply to Current Symbol Only
Apply to - ALL/BUY/SELL orders
Filter By Magic Number - true or false
Magic Number - to specify the magic number to filter
Filter by Comment - true or false
Comment - to specify the comment filter
Enable Trailing Stop - To enable or disable it
Show graphical panel - to show the GUI or hide it
Indicator Name - Prefix to use to draw the objects
Horizontal Spacing - distance from left border
Vertical Spacing - distance from top border

If you like this tool please take a minute to leave a review.

If you have suggestions to improve it please send me a message and we can discuss it further.

Feel free to visit my profile and "Add to friends" https://www.mql5.com/en/users/mql4autotrading

more...

903

Fernando Alonso 2022.03.26 20:26 #

Good indicator, makes trading much easier. Thanks

1328

Max 2021.05.19 22:23 #

Brilliant tool and very well designed, excellent programming, was just what I was looking for, and in a wonderful package,

but one thing I would add is a close at bar close/bar touch option, for only closing at a new candle, it could only update/trail the stoploss at each bar close.

update: Also as I work with hidden/virtual SL and BE, I would like to see the functionality changed to work in a hidden/virtual stop manner once enabled, although it has made me rethink adding a hard stoploss, which might serve me better anyway. Please see my comments, and sorry to Luca for my bad words due to ignorance.

7268

Frank Paetsch 2019.09.08 21:03 #

just perfekt!

ich benutze den ST SL mit einem starken Indikator auf 28 Charts mit push Meldungen für den Einstieg. super.

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MQLTA Support Resistance Lines is an indicator that calculates the historical levels of Support and Resistance and display them as Lines on chart. It will also Alert you if the price is in a Safe or Dangerous zone to trade and show you the distance to the next level. The indicator is ideal to be used in other Expert Advisor through the iCustom function. This indicator can be tested LIVE on AUDNZD with the following DEMO https://www.mql5.com/en/market/product/26572 How does it work? The indicat

FREE

The Supertrend Line indicator shows you the trend using calculation based on the ATR. How does it work? The Supertrend draws a line following the current trend, this line is the result of calculation made with the ATR. A Line under the candle means a likely bullish trend A Line above the candle means a likely bearish trend How to trade with CSL indicator Buy when the Supertrend line is below the price, Sell when the Supertrend line is above the price. It is strongly suggested to use this ind

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Currency Strength Matrix (CSM) is an indicator that will show you the current strength of the major currencies in several timeframes, allowing you to sort the currencies for strength and spot possible trading setups. This indicator is ideal for scalping and in all those events of sudden big moves. How does it work? The CSM compares the value of the current moving average with the same moving average in the previous candle for all the 28 pairs and all 9 timeframes, producing a Matrix of Strengt

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One Click Trade Pro is a tool that allows you to open orders with just one click, choosing all the parameters, including the Magic Number! Useful if you want to quickly submit trades specifying also their Magic Number. Other than submitting new orders you can also see the list of orders (with their Magic Number) and change their Stop Loss and Take Profit. The PRO version also allows you to: Open opposite pending orders Setup and submit orders using lines, for a better visualization How does it

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Pattern Detector can detect the most common 1, 2 and 3 candlestick patterns and send notifications when detected. Demo version working on AUDNZD can be found https://www.mql5.com/en/market/product/29189 How does it work Add the indicator to the chart you want to analyze and select which patterns to detect, the indicator will draw the detected patterns. You can also be notified via alert, app and email when a new pattern is detected. Parameters Indicator Name - Used to draw the graphical obje

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The Currency Strength Lines (CSL) indicator is a very useful tool for both beginners and experienced traders. It is able to calculate the strength of single currencies and show them on a chart, so that you can see the trend and spot trading opportunities. How does it work? The CSL Indicator will run calculations on all the 28 pairs, resulting in the overall strength across the market of individual currencies at any given moment. You can use this data to spot currencies that are strong, getting

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Bollinger Bands Breakout Alert is a simple indicator that can notify you when the price breaks out of the Bollinger Bands. You just need to set the parameters of the Bollinger Bands and how you want to be notified. Parameters: Indicator Name - is used for reference to know where the notifications are from Bands Period - is the period to use to calculate the Bollinger Bands Bands Shift - is the shift to use to calculate the Bollinger Bands Bands Deviation - is the deviation to use to calculate

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The Price Line Alert Indicator will allow you to set price level that will alert you when hit, the price level will be shown in the chart as lines. Useful to get notified at specific prices, support, resistance, round numbers and so forth. If you want to a similar utility that will automatically close your position at a specific price check https://www.mql5.com/en/market/product/23113 How does it work? You can set several Price Lines and configured them to notify you if the price goes above or

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The Parabolic SAR Trailing Stop will trail the Stop Loss price of your selected orders following the PSAR indicator, so you don't have to worry about having to change it manually. How does it work? The Expert Advisor sets and moves the Stop Loss price of the selected orders following the value of the PSAR Indicator. You can filter the Orders by Symbol Comment Magic Number Buy/Sell Parameters PSAR Step - The Step of the PSAR PSAR Max Step - The Max Step of the PSAR PSAR Shift - The Shift of t

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Простая утилита MQLTA Draw Grid поможет вам нарисовать сетку на вашем графике. Она полезна при изучении графика и моделирования сетки. Как она работает? Утилита будет создавать горизонтальные линии в зависимости от заданных параметров Как использовать этот инструмент Установите индикатор на график, выбрав параметры по умолчанию. Выберите начальную точку, значения минимума и максимума диапазона и стиль. В появившейся графической панели вы сможете создавать и удалять сетку, а также изменять не

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The panel displays the list of all orders (market and pending) along with their details, including magic numbers and commentaries. The panel can be moved around the chart. For market orders, the profit listed includes the associated commission and swaps. There aren't any important input parameters, but you can control the panel's initial location via them.

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MQLTA Candle Timer is an indicator that can show you the details about a symbol/pair and alert you before the close of a candle. Used in swing trading and not only, it can help your strategies knowing and be ready before the close of a candle. How does it work Simply add the indicator to the chart and set the notifications options. You can load a minimalistic interface or a full interface. The alert will be sent once per candle. Parameters All the parameters, that you can see in the picture,

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Pattern Detector can detect the most common 1, 2 and 3 candlestick patterns and send notifications when detected. The DEMO version only works on AUDNZD pair. Full product can be found https://www.mql5.com/en/market/product/29190 How does it work Add the indicator to the chart you want to analyze and select which patterns to detect, the indicator will draw the detected patterns. You can also be notified via alert, app and email when a new pattern is detected. Parameters Indicator Name - Used

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MQLTA Support Resistance Lines is an indicator that calculates the historical levels of Support and Resistance and display them as Lines on chart. It will also Alert you if the price is in a Safe or Dangerous zone to trade and show you the distance to the next level. The indicator is ideal to be used in other Expert Advisor through the iCustom function. This DEMO only works with AUDNZD, the full product can be found at https://www.mql5.com/en/market/product/26328 How does it work? The indicato

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Утилита MQLTA Take Screenshot позволяет снимать скриншоты текущего графика прямо из самого графика. Утилита полезна для быстрого сохранения интересной ситуации и сохранения текущего графика перед открытием или закрытием ордера. Как она работает? Take Screenshot использует встроенную функцию языка MQL4 для сохранения снимка текущего графика. Как использовать утилиту Загрузите индикатор и выберите нужные параметры. Как только откроется панель, нажмите на значок сохранения, чтобы сделать снимок

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Currency Strength Matrix (CSM) is an indicator that will show you the current strength of the major currencies in several timeframes allowing you to sort the currencies for strength and spot possible trading setups. This indicator is ideal for scalping and in all those events of sudden big moves. This DEMO only shows 4 currencies and 4 timeframes, for the full version please check https://www.mql5.com/en/market/product/24252 How does it work? The CSM compares the value of the current moving av

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Советник Time Line Auto Close (TLAC) позволит вам создавать вертикальные линии (Time Lines, линии времени), которые будут автоматически закрывать все или некоторые из ваших открытых ордеров. Вы можете создавать и управлять несколькими линиями, настроить для каждой из них закрываемые ордера и оповещения. Ордера можно фильтровать по валюте, магическому номеру, номеру ордера и типу ордера. Также можно настроить отправку уведомлений перед активацией линий. Как она работает? С помощью TLAC вы сможе

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Auto Close is an expert advisor that can assist you with your money and risk management rules. The EA can monitor your Balance, Equity, Margin, Global Profit and Global Loss and alert you in case any of these reaches a specified threshold. This Demo Version has Notification and Close features disabled, full version can be found https://www.mql5.com/en/market/product/29141 How does it work? Load the Auto Close EA in the chart and set the parameters you want to keep monitored. If any of the risk

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MQLTA Instrument Details shows you in an easy to read in chart table the details about the instrument/Symbol, including: Label Trade Mode Default Contract Size Minimum Size Maximum Size Size Step Digits Used Tick Size Tick Value Stop Level Bid Ask Spread Parameters Indicator name to create the objects Default Window when opening the indicator Horizontal offset Vertical offset If you like this tool please take a minute to leave a review. If you have suggestions to improve it please send me a me

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Filter:

903

Fernando Alonso 2022.03.26 20:26 #

Good indicator, makes trading much easier. Thanks

2340

Mehdi Faraz Fard 2021.07.11 13:36 #

User didn't leave any comment to the rating

1328

Max 2021.05.19 22:23 #

Brilliant tool and very well designed, excellent programming, was just what I was looking for, and in a wonderful package,

but one thing I would add is a close at bar close/bar touch option, for only closing at a new candle, it could only update/trail the stoploss at each bar close.

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Reply from developer Luca Spinello 2021.11.17 16:49 #

Not sure why are you saying that it doesn't work, but regarding your suggestion, it seems rather strange as this EA doesn't close trades on its own, it only trails the stop-loss value.

27000166 2020.05.20 08:50 #

User didn't leave any comment to the rating

7268

Frank Paetsch 2019.09.08 21:03 #

just perfekt!

ich benutze den ST SL mit einem starken Indikator auf 28 Charts mit push Meldungen für den Einstieg. super.

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Lippi1980 2019.04.14 18:35 #

To Your Supertrend Trail it would be nice if they could still program that it only starts when a definable area is exceeded so that you can put your ST further away and not as often befor it goes off is expelled.

And several TP would also be great.

Version 1.3 2021.02.16

Minor code cleanup and optimizations.