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Double SuperTrend Fit for low Stagnation MT4

Demo downloaded: 74

Published: 4 July 2022

Current version: 221.9

Double SuperTrend Fit for low Stagnation MT4

Experts
Smarterbot Software
Version: 221.9
Updated: 8 October 2022
Activations: 10

This expert trading tool utilizes two Supertrend indicator lines, one for trend (slow) and the other as entry triggers (fast), with a powerful custom optimization metric to help traders find the best systems with low stagnation and high net profit.

Long Entry:

Traders enter a long position when the bar opens above the ST Line Slow and the current bar opens above the ST Line Fast. Long Exit:
The current bar crosses down the ST Line Fast. Short Entry:
Traders enter a short position when the bar opens below the ST Line Slow and the current bar opens below the ST Line Fast. Short Exit:
The current bar crosses up the ST Line Fast.

Other features include the ability to set Take Profit and Stop Loss as a percentage of price, which is suitable for stocks, cfd indexes, cryptocurrencies, and forex. It also allows for setting entry and closing times for added control over trades. Additionally, it has a limit on the number of trades by the day and a trailing stop that only starts when a defined profit is reached.

Optimization options includes searching for the best systems with Stagnation (-days), +Profit -Stagnation, +Profit -DD -Stagnation, +Profit -Loss% -Stagnation and +Profit -DD -Loss% -Stagnation.

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Introducing Three Moving Averages Pro, a collection of strategies involving moving averages with powerful custom optimization metrics, Three Moving Averages Pro helps you find the best trading systems with low stagnation and high net profit. This strategy uses two entry conditions and one exit condition to execute trades with precision and accuracy. With a variety of options such as entry position at opening a bar above or below different moving averages and moving averages crossing in differe

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Version 221.9 2022.10.08

Entry Conditions updated

*Long Entry ST Fast(two options)*
1- [*] The bar opens above ST Fast after opening below it
2- [ ] The bar opens below ST Fast after opening above it

*Long Entry ST Slow(two options)*
1- [*] The bar opens above ST Slow
2- [ ] The bar opens below ST Slow

Long Exit (true/false):
[*] The bar opens above the ST Fast

New 2 optimization metrics included:
* +Profit -Loss% -Stagnation
* +Profit -DD -Loss% -Stagnation