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.
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
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Periods
- Set the Supertrend indicator period
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Multiplier
- Set the Supertrend indicator multiplier
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Trend Correction Mode
- normal
- sensible (shows more correction signals, but they are less accurate)
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Signal Size
- Set the size of the signal points
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Max Bars
- Disabled if set to 0. You can leave this to 1000
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Show Breakouts
- Enable or disable the Breakout points
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Show Corrections
- Enable or disable the Correction points
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Show Pullbacks
- Enable or disable the Pullback points
Send notification
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.
Automated Trading
Trade the strategy of this Supertrend Indicator fully automated with the Supertrend EA.
Combination
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.
Hello Yannick, I have 3 accounts with 3 different prop firms, if I buy this can I use it on 3 different platforms?
Yes.
Does this indicator repaint?
No, it does not. But please feel free to test the free version.
Dear Yannick,
Thanks for the supertrend-plus and supertrend-ea.
In EA Could you help us in including complete list of Symbols, so that we add all the symbols in one Chart itself? And any A multi timeframe dashboard for supertrend something like this https://www.forexfactory.com/showthread.php?t=545718
Unfortunately, I do not plan to add such a feature.
Ok noted with thanks. I read from the forum that you were sick and recovering. Our prayers always with you. Get well soon.
Thanks 🙂