Super Trend Metatrader 5 Indicator
Indicator displays values not in a separate window, but right on the price chart, which is quite convenient. price chart. The indicator can be used in several ways. The simplest is to buy when the Supertrend line is painted green and sell when it is red. In a more advanced variant the evaluation takes place at a senior timeframe, such as H4, and trade is conducted on a smaller – say, M15 towards the dominating trend. Another option of this indicator is using its lines as resistance and support levels. That is, one should wait until the price gets close to the line and trade rolling back from it.
Super Trend MT5 Indicator – Download Instructions
In order to transform accumulated history data, you need to install a MetaTrader 5
Super Trend - it is a MetaTrader 5 indicator that allows you to detect several changes and dynamics in price that many traders can’t estimate or see without an indicator, which highlights its essence and usage.
Accordingly, traders can draw conclusions and make estimates about how the prices will change based on the information they have and then they can modify their strategy for better trading.
How to install Super Trend indicator for MetaTrader 5.mq5?
Download indicator for MetaTrader 5.mq5
Copy Super Trend to Directory / experts / indicators /
Start or restart your Metatrader 5 Client
Select Chart and Timeframe where you want to test your mt5 indicator
Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
Right click on Super Trend for MetaTrader 5.mq5
Attach to a chart
Modify settings or press ok
now indicator for MetaTrader 5.mq5 is available on your Chart
How to remove Super Trend Indicator for MetaTrader 5.mq5 from your Metatrader 5 Chart?
Select the Chart where is the Indicator running in your Metatrader 5 Client
Right click into the Chart
Select the Indicator and delete.
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Download Super Trend Metatrader 5 Forex Indicator