Super Trend Indicator
Super Trend Indicator
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Supertrend is a technical analysis indicator that automatically determines the main trend direction in the market based on price volatility (ATR), providing dynamic support/resistance lines and Buy/Sell signals.
Supertrend MT4 / MT5 is a technical analysis tool developed to identify trend direction and trend reversal points in financial markets, creating dynamic support and resistance levels based on candle closes.
Key Features
Flexible ATR Calculation (ChangeATR): Allows you to choose an alternative Simple Moving Average-based calculation mode ($SMA(TR)$) alongside the default MetaTrader ATR algorithm.
Visual Trendlines and Dots: Displays uptrends with green lines and downtrends with red lines. Places special dots at trend initiation points.
Buy/Sell Arrow Signals (ShowSignals): Automatically places arrow markers below candles for Buy signals or above candles for Sell signals when the trend direction changes.
Live Audio/Pop-up Alerts (Alert): Instantly notifies you of signals via a pop-up alert window when a trend changes. Features spam protection to prevent repetitive alerts on the same candle.
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