SuperTrend Quant Pro Elite: Adaptive Statistical Trend Engine - Script for MetaTrader 5

Quantitative Advantages Traditional SuperTrend indicators suffer from "lag" and "jaggedness" due to the use of static multipliers. SuperTrend Quant Pro Elite solves this problem by using the Z-score normalization algorithm. It dynamically adjusts trend following sensitivity based on current market volatility, effectively widening the gap during peaks and tightening the gap during stable moves.

Main technical features:

Adaptive Volatility Engine: Automatically adjusts ATR multipliers in real time using statistical Z-score analysis.

Volume Convergence (VSA): The signal is "confirmed" only when the quoted volume exceeds the institutional average, helping you avoid low liquidity traps.

Regime Detection: This indicator uses built-in ADX logic to automatically identify "trending" (solid lines) versus "volatile" (dashed lines) environments.

Built-in MTF Scanner: Professional dashboard tracks the trend status of M15, M30, H1, H4 and D1 simultaneously on the current chart.

Performance Metrics: Shows real-time edge probability (win rate) and profit coefficient based on history for the current time frame.

Signal interpretation:

Green line/arrow: Bullish momentum has developed. Look for buying opportunities.

Red line/arrow: Bearish momentum established. Find sales opportunities.

Star (★) icon: A high-conviction signal that volume and trend strength are aligned.

Dotted line: Market is in a range/volatile phase; proceed with caution.

Recommended settings:

Symbols: Best for major FX pairs (EURUSD, GBPUSD), indices (US30, GER40) and gold (XAUUSD).

Timetable: Optimized for M15 and H1 day trading; H4 and D1 for swing trading.

Attachment download

📎 SuperTrend_Quant_Pro_Elite.mq5 (18.61 KB)

Source: MQL5 #68507