Welcome Forex EA downloads & MT4/MT5 auto-trading resources — EAs, Gold EAs, quant tools and real-world automation.
Sign In Sign Up

Exp_SuperTrend - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 Resources

author EAcpu | 4 reads | 0 comments |

Exp_SuperTrend - expert for MetaTrader 5

Exp_SuperTrend - expert for MetaTrader 5

Exp_SuperTrend - expert for MetaTrader 5

The trading system is based on super trend indicating signals. If the indicator's colored point appears, a signal is formed at the close of the bar.

The Expert Advisor operates using the compiled indicator file SuperTrend.ex5. Save it to <terminal data folder>\MQL5\Indicators.

Please note that the TradeAlgorithms.mqh library file allows trading Expert Advisors with non-zero spreads and the option to set Stop Loss and Take Profit along with opening positions with brokers that offer the following services. You can download more variants of this library via the following link: Trading Algorithms .

The input parameters of the default Expert Advisor have been used during testing, as shown below. Stop Loss and Take Profit were not used during testing.

Exp_SuperTrend - expert for MetaTrader 5

Figure 1. Example of trade on chart

2015 EURJPY H4 test results:

Exp_SuperTrend - expert for MetaTrader 5

Figure 2. Test result chart


Attachment download

📎 tradealgorithms.mqh (60.9 KB)

📎 supertrend.mq5 (10.31 KB)

📎 exp_supertrend.mq5 (7.35 KB)

Source: MQL5 #15239

Verification code Refresh