Supertrend Plus (Trend Trading Indicator)
Get the Supertrend Plus (Trend Trading Indicator)!
About the Supertrend indicator plus
This Supertrend indicator does not only show you the current market trend, like the normal supertrend indicator does, but also possible entry signals inside of that trend. The Supertrend Plus indicator does not repaint and is the perfect choice for a trend trading strategy.
Below you see the different entry point of this Trend Trading Indicator. On every signal, you place a pending order above the candle and wait for the market to continue the trend in the direction of the Supertrend Plus indicator.
If point 1, 3, or 4 appear you can either place a market order or a pending order above the candle. Point 2 shows you the mother bar of an inside bar pattern. On point 2 you only want to place a pending order above the candle and wait for the Breakout.
Input parameters for Supertrend indicator plus
- Set the Supertrend indicator period
- Set the Supertrend indicator multiplier
Trend Correction Mode
- sensible (shows more correction signals, but they are less accurate)
- Set the size of the signal points
- Disabled if set to 0. You can leave this to 1000
- Enable or disable the Breakout points
- Enable or disable the Correction points
- Enable or disable the Pullback points
The full version has the possibility to send alerts, emails and push notifications to your phone.
About the free version
The free version works on a demo and live account, but it does not send notifications and the signals 2,3 and 4 are only visible in the strategy tester.
Trade the strategy of this Supertrend Indicator fully automated with the Supertrend EA.
This indicator can easily be combined with the Supertrend Candles indicator.
iCustom function (for developers)
If you are a developer and want to make an EA based on this indicator, please download the Supertrend EA example
More about the Supertrend Plus (Trend Trading Indicator)
- You can install the Supertrend Plus (Trend Trading Indicator) on limitless demo and live accounts.
- The license of every Metatrader Indicator you download is time limited, but you can re-download newer versions any time in your purchase history.
- MT4 Free v1.07
- MT4 Full v1.07
May 30, 2017
- MaxBars is disabled if set to 0
Oct 12, 2016
- Tweak: Improved the Trend Change Signal
- Tweak: Improved the Pullback Signal
Aug 25, 2016
- Added: Notifications to full version
- Update: Free version works not only in the strategy tester
Oct 27, 2015
- Added: Breakout, Correction and Pullback strategy. Changed name from Supertrend indicator to Supertrend Plus indicator
Feb 01, 2015
- Initial release of the MT4 version