This indicator is considered to be a trend one and its operation principle is quite simple: as soon as it changes its color to green, it means the start of an uptrend, if the color is changed to red, a downtrend starts. The indicator has one disadvantage – it often lags but, nevertheless, it is quite popular among traders. For better results the indicator should be used as confirmation for the market entry.
SuperTrend - indicator MetaTrader 5 Olivier Seban's SuperTrend indicator. The indicator has three input parameters: Period - calculation period Shift - indicator line shift from…
SuperTrend - indicator MetaTrader 5 SuperTrend indicator MetaTrader 5. Original version was implemented in MQL4 and published in CodeBase at mql4.com Is possible to use…
