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Supertrend Gold MT5

A pending order generator triggered by supertrend can be found here https://www.mql5.com/en/market/product/122499


SuperTrend is one of the most common ATR based trailing stop indicators.


Version 2 Updates:

Based on Luxalgo Supertrend AI Indicatior.

added stoploss


In this version you can change the ATR calculation method from the settings. Default method is RMA, when the alternative method is SMA.

The ea is easy to use and gives an accurate reading about an ongoing trend. It is constructed with two parameters, namely period and multiplier. The default values used while constructing a superindicator are 10 for average true range or trading period and three for its multiplier.

The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.

The buy and sell signals are generated when the ea starts plotting either on top of the closing price or below the closing price. A buy signal is generated when the ‘Supertrend’ closes above the price and a sell signal is generated when it closes below the closing price.

A ‘Supertrend’ ea can be used on equities, futures or forex, or even crypto markets and also on daily, weekly and hourly charts as well, but generally, it fails in a sideways-moving market.


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The Bitcoin Robot MT5 is engineered to execute Bitcoin trades with unparalleled efficiency and precision . Developed by a team of experienced traders and developers, our Bitcoin Robot employs a sophisticated algorithmic approach (price action, trend as well as two personalized indicators) to analyze market and execute trades swiftly with M5 timeframe , ensuring that you never miss out on lucrative opportunities. No grid, no martingale, no hedging, EA only open one position at the same time. Bit
Gold Mana MT5
Dilwyn Tng
4.22 (23)
Gold Mana è stato sviluppato con oltre un anno di intense ricerche e test. Questo esperto consulente utilizza misurazioni della volatilità su più timeframe, analizza le intenzioni dei partecipanti al mercato e anticipa i movimenti dei prezzi prima che si verifichino con l'aiuto di modelli di candele e analisi della domanda e dell'offerta per ingressi precisi che sono altamente reattivi ai movimenti dei prezzi dell'oro, rompendo a livelli critici del prezzo dell'oro. Gold Mana ha dimostrato di
Hercules AI
Aleksandr Chebotaev
2.6 (30)
Hello, my name is Alexander. I would like to introduce you to my new development, the Hercules AI advisor. The advisor is synthesis of Price Action Method and Artificial Intelligence technologies.  It doesn't use  any indicators. The EA works well on Gold  pair. The advisor has shown stable performance for more than 10 years. It does not use dangerous trading methods such as martingale, etc. All transactions are protected by take profit and stop loss. I tried to make the advisor as easy to insta
Parrots Breaker
Siti Hadijah Lena
4.67 (3)
Only  3 copies left at current   price!,   Next Price 799 USD.   So   Come on Hurry up!    Parrots   Breaker   MT5  EA is an Expert Advisor that is smart, powerful and accurate in determining entries. Parrots   Breaker   MT5  EA works based on the concept of trend following  combined  with   Break of Internal Structure and   trading levels. Live Signal 1 Parrots   Breaker   MT5  EA is an Expert Advisor that is safe and focuses on long-term use. Backtest   Result is Fantastic. This EA does not us
Dark Algo MT5
Marco Solito
5 (51)
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for   Scalping   Trading on   Eurusd . This Expert Advisor is based on the latest generation of   algorithm  and is highly customizable to suit your trading needs. If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated   algorithm  that allows it to   identify   and   follow m
Daytrade Pro Algo MT5
Profalgo Limited
4 (9)
Promozione lancio: Numero limitato di copie disponibili al prezzo corrente Prezzo finale: 990$ Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Benvenuto in DayTrade Pro Algo!   Dopo anni di studio dei mercati e programmazione di diverse strategie, ho trovato un algoritmo che ha tutto ciò di cui ha bisogno un buon sistema di trading: È indipendente dal broker Si sviluppa indipendente Mostra backtest mol
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This is a tool created for scalping. it can generate pending orders with 4 input: 1. Volume : Lot for the Pending Orders 2. Distance : Distance within the Orders in Points 3. Total Order : Total Generated Orders 4. Take Profit : TP for the generated Orders in Points 5. Stop Loss : SL for the generated Orders in Points It also have another tools which can monitor the floating and close at defined profit using Closed at Profit Input What's new: - Stop Loss in Pip
FREE
EA designed to generate pending orders based on the trend and designated take profit value. This EA designed exclusively to work best on GOLD SPOT M5 especially during up trend. User can freely decide to close the open position from this EA or wait until take profit hit. No parameters need to be set as it already set from the EA itself.  This EA do not use Stop Loss due to the applied strategy. Please do fully backtest the EA on the worst condition before use on the real account. Recommended ini
EA made using combination of Pending Order and Martingale Strategy. Designed only to work best on Gold Spot M5. EA will put pending orders and on certain condition will create positions with bigger lot.  This EA do not use Stop Loss due to the applied strategy. Stop Loss will be replaced using modified Take Profit. Input Parameters 1. MaxOpenPositions : Define allowed positions can be open by EA, 0 will use default EA Value 2. TotalPendingOrders : Define allowed generated Pending order set, 0
This Expert Advisor is a Combination of Averaging & Martingale. 1. Trend : to define what position the EA should Trade - LONG SHORT ( EA will open both BUY and Sell ) - LONG ONLY ( EA will only open BUY ) - SHORT ONLY ( EA will only open SELL ) 2. Distance between Each Positions - Point value of each Positions   100  : - if 100 Points reached between the last position and current price, new Position will be open by EA - EA will set up a higher volume for this new Position - new TP calculated u
Improved EA of Resilient Multi Pair ( https://www.mql5.com/en/market/product/66803 ) to adapt the movement of Gold Spot. Will automatically open buy/long position and keep increasing the lot if the distance between Take Profit and current price getting bigger. Will do averaging based on the current total open positions.  No Input needed as it was designed to work only for Gold Spot. Just Run the EA and let the EA do the trading based on the improved algorithm. No Stop Lost so test it well before
SuperTrend is one of the most common ATR based trailing stop indicators. In this version you can change the ATR calculation method from the settings. Default method is RMA, when the alternative method is SMA. Update on Version 2: Based on Luxalgo Supertrend AI Indicatior. Added Stop Loss Fixed Bugs The ea is easy to use and gives an accurate reading about an ongoing trend. It is constructed with two parameters, namely period and multiplier. The default values used while constructing a su
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Versione 2.1 2024.09.09
Removing unused inputs
Versione 2.0 2024.09.07
Improved indicator
added stoploss