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SuperTendencia

The Super Trend EA is an algorithm developed by 8aSistemas, to achieve maximum performance in trend markets, the EA is developed with the most profitable and reliable techniques in case of trends such as moving averages, enhanced with various filters that favor the EA with a high percentage of success and following the trends from the beginning to the end. IF THERE IS A TREND, SUPERTREND WILL BE INSIDE.

Supported currency pairs: USDJPY, EURUSD, AUDUSD, USDCAD, NZDUSD, EURJPY, CADJPY, AUDCAD, NZDJPY, USDCHF, AUDNZD, GBPUSD, EURGBP, EURAUD, XAUUSD.

Recommended time frame: 1H



REQUIREMENTS:

We always recommend a hedge account.

A reliable, fast-executing ECN broker.

VPS to avoid disconnections from the EA.



AROUND:

SUPERTREND EA is designed to operate completely automated, it does not need operator intervention. will execute buy or sell orders according to the direction of the market, it is designed not to open simultaneous operations in the same currency pair (if you are executing a buy it will not open sales or other operations until the operation is closed).

Lot: in this EA, the lot is fixed since, being a trend EA, it can trigger several losing operations in a row. It is recommended to trade with a maximum risk of 0.5% per trade.

Spread: SuperTrend can operate with wide spread margins, however it is not recommended in currency pairs with more than 5 pips of spread. SuperTrend can make this decision for you.

Slippage: A maximum slippage of 4 pips is recommended.

Placement of Operations: the EA is designed to operate 24 hours a day, 5 days a week, you can configure your time filter to run only in the hours that you consider profitable for your operation.



Strategy:

Stop loss or Take Profit: SuperTrend can work without setting some of these values, however we recommend setting a stoploss for safety.

Opening and Closing: EA is programmed to detect trends and open trades in that direction and exit when it detects an exhaustion of trend momentum thus maximizing profits on each trade.

Expiration: It also has a filter that allows you to set the maximum duration you want to be in the market, this filter works in minutes so you must take this information into account to modify it.



BackTesting graph of the last 20 years (2000 to 2020)
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Version 2.1 2022.04.23
The possibility has been added that the EA can establish hedging positions giving a greater possibility of positive returns.