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Super Trend - MetaTrader 5 Script - MQL5 #57063 - MT4/MT5 Resources

author EAcpu | 3 reads | 0 comments |

Supertrend - indicator for MetaTrader 5

Supertrend - indicator for MetaTrader 5

This supertrend indicator helps identify market trends based on average true range (ATR) volatility. Released under the MIT license for free and open source use.

Supertrend - indicator for MetaTrader 5


Attachment download

📎 supertrend.mq5 (11.49 KB)

Source: MQL5 #57063

Super Trend - MetaTrader 5 Script - MQL5 #57063 Usage and Filtering Advice

Super Trend - MetaTrader 5 Script - MQL5 #57063 is a resource related to foreign exchange indicators. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.

Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based on titles or short-term profit descriptions.

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