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Double ST

This indicator is based on a combination of 2 different SuperTrend, a trend following indicator developed by Oliver Seban.

You can find some implementation in the following pages:

https://www.mql5.com/en/code/8268

https://www.mql5.com/en/code/10851

and others.

Double ST indicator combines 2 different SuperTrends to have the trend direction at a glance.

Simply insert the values for the 2 SuperTrends and you will see a ribbon with 3 different colors:

  • red means that price is under both the SuperTrends (downward trend)
  • yellow means that price is in between the SuperTrends (no clear trend)
  • green means that price is over both the SuperTrends (upward trend)

Parameters (default value in parenthesis):

  • Supertrend1 Period: period for SuperTrend #1 (10)
  • Supertrend1 Multiplier: multiplier for SuperTrend #1 (1.7)
  • Supertrend2 Period: period for SuperTrend #2 (50)
  • Supertrend2 Multiplier: multiplier for SuperTrend #2 (3.5)
  • Alarm Presence: alarm if last closed bar changes the indicator color (true)
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"The Squeeze indicator attempts to identify periods of consolidation in a market. In general the market is either in a period of quiet consolidation or vertical price discovery. By identifying these calm periods, we have a better opportunity of getting into trades with the potential for larger moves. Once a market enters into a "squeeze," we watch the overall market momentum to help forecast the market direction and await a release of market energy." Modified TTM Squeeze Indicator is a modifica
MultiSymbol and TF Chart Integrated
Martin Alejandro Bamonte
Indicatori
L'indicatore "MultiSymbol & TF Chart Integrated" è progettato per fornire una visione completa del mercato rapidamente, permettendoti di monitorare fino a 60 coppie di valute nei timeframe preferiti su un unico grafico (modalità multipla) o visualizzare la coppia che stai negoziando su tutti i TF (modalità semplice). Vantaggi Principali: Monitoraggio Completo: Permette di monitorare in tempo reale tutte le coppie desiderate su un unico grafico a colpo d'occhio. Risparmio di Tempo: Evita la nece
Pair Trading Station MT4
Young Ho Seo
3.67 (3)
Indicatori
How to use Pair Trading Station Pair Trading Station is recommended for H1 time frame and you can use it for any currency pairs. To generate buy and sell signal, follow few steps below to apply Pair Trading Station to your MetaTrader terminal. When you load Pair Trading Station on your chart, Pair Trading station will assess available historical data in your MetaTrader platforms for each currency pair. On your chart, the amount of historical data available will be displayed for each currency pai
AT Forex Indicator MT4
Marzena Maria Szmit
5 (3)
Indicatori
The AT Forex Indicator MT4 is a sophisticated trading tool designed to provide traders with a comprehensive analysis of multiple currency pairs. This   powerful indicator   simplifies the complex nature of the forex market, making it accessible for both novice and experienced traders. AT Forex Indicator uses   advanced algorithms   to detect trends, patterns and is an essential tool for traders aiming to enhance their forex trading performance. With its robust features, ease of use, and reliabl
Swing Master Indicator
Elias Mtwenge
5 (1)
Indicatori
Dear Traders this is my another tool called " Swing Master Indicator ". As the name above the indicator is designed to help you in swing trading by capturing the low and highs of the price. You may us this tool with any trading strategy and style from scalping to position trading. It is made for level of traders including newbies and advanced traders even prop-firms, hedge funds and banks to help them make sold market analysis. I create tools for serious traders who want to make a difference in
Ultimate Sniper Dashboard
Hispraise Chinedum Abraham
4.85 (27)
Indicatori
Scontato a 299 dollari! I prezzi potrebbero aumentare in futuro! Leggi la descrizione qui sotto! Il miglior sistema di ingresso per la plancia Ultimate Sniper: LIVELLI DINAMICI FINALI. (Si prega di controllare i miei prodotti) L'Ultimate Sniper Dashboard funziona SOLO sui mercati live a causa dei limiti di test della MT4 multicurrency. Vi presentiamo l'Ultimate Sniper Dashboard! Il nostro migliore che contiene sia HA-Sniper, MA-Sniper e molte modalità speciali. Il cruscotto Ultimate Sni
ECM Channel MT4
Paulo Rocha
5 (1)
Indicatori
ECM Elite Channel is a volatility-based indicator, developed with a specific time algorithm, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the channel theory is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel, it's a trading opportunity. The
NAM Order Blocks
NAM TECH GROUP, CORP.
5 (1)
Indicatori
MT4 Multi-timeframe Order Blocks detection indicator. Features - Fully customizable on chart control panel, provides complete interaction. - Hide and show control panel wherever you want. - Detect OBs on multiple timeframes. - Select OBs quantity to display. - Different OBs user interface. - Different filters on OBs. - OB proximity alert. - ADR High and Low lines. - Notification service (Screen alerts | Push notifications). Summary Order block is a market behavior that indicates order collection
Altri dall’autore
Higher Highs Lower Lows
Fabio Pacchioni
Indicatori
Based on Vitali Apirin's idea, here is a momentum indicator that he describes as a tool to help traders determine the direction of a trend. If the green line is over the red line, the trend is upward; if the red line is over the green one, the trend is downward. The indicator is made up of two separate calculations: the HHs or higher high stochastic, and the LLs or lower low stochastic, which together comprise the HHLLs. Vitali Apirin uses ideas he discovered while studying the stochastic oscill
Vortex with Alarm
Fabio Pacchioni
Indicatori
The Vortex Indicator was inspired by the work of an Austrian inventor, Viktor Schauberger, who studied the flow of water in rivers and turbines. Etienne Botes and Douglas Siepman developed the idea that movements and flows within financial markets are similar to the vortex motions found in water. The Vortex Indicator was also partly inspired by J. Welles Wilder's concept of directional movement, which assumes the relationship between price bars gives clues as to the direction of a market. This i
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