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SuperTrend 5 *
Version 1.0

This is the popular SuperTrend Indicator (original version) which was first developed by Olivier Seban and later recoded by Jason Robinson in 2006 for the MT4 platform. This indicator has the benefit of being able to work on all time frames and all price based charts.

Logic of SuperTrend

This indicator is based on ATR (average true range). If price is above Green Trend line, market is bullish. If price is below red trend line, market is bearish. This indicator can be used for buy and sell signals or as a trailing stop.

Parameters:

ATR peroids = 10

Multiplier = 3


Category MultiCharts 
 
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Details: SuperTrend
Category: MultiCharts 


April 27th, 2014
Size: 3.98 KB
Downloaded: 894 times
Comments/ratings
4 * matsw November 18th, 2014 07:04 AM
No Comment
5 * dhiebert December 14th, 2014 05:52 PM
Hey, thanks for this indicator. I did the trial on Abletrend, and found the review here on BMT's forum showing that supertrend is very similar. I am having some troubles setting it up properly as it has shown in the review, but am still working on it. Thanks again for having it here!
5 * simonehuggins June 14th, 2015 07:35 PM
No Comment
5 * mani4kannan December 14th, 2016 05:24 AM
No Comment
5 * neilchentw June 9th, 2021 03:59 AM
No Comment
5 * TP10 September 2nd, 2021 10:44 PM
No Comment
5 * EndUser March 6th, 2022 02:49 PM
No Comment

 
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All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
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