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Super Trend EA 3.0

Metatrader Expert Advisor (MT4)

  • Overview

    This expert advisor trades using the famous super trend indicator: it is completely loyal to the original algorithm and implements many other useful features for the exigent trader, like customizable trading sessions, multi-timeframe filters and many others.

    • Easy to use and supervise
    • Fully configurable indicator settings
    • Customizable break-even, stop-loss, take-profit and trailing-stop settings
    • Works for ECN/Non-ECN brokers and 2-3-4-5 digit symbols
    • Trades can be closed on opposite signals
    • Implements a martingale feature
    • Implements multi-timeframe filters
    • Filter trading by forex sessions

    Additionally, it implements four different money management modes:

    • Trade manual lotsize: The EA will trade a fixed lotsize on each trade
    • Auto-calculation of lotsizes: The EA will risk % of the account on each trade
    • Martingale: The EA will double the lotsize after a losing trade
    • Inverse Martingale: The EA will double the lotsize after a winning trade

    Boost your trading returns with the most complete Super Trend EA, like hundreds of users have already done!

  • Input parameters
    Input parameters

    When loading the indicator or EA to any chart, you will be presented with a set of options as input parameters. Don't despair if you think they are too many, because parameters are grouped into self-explanatory blocks.

    Trading Direction
    Filter trades by direction: long, short or both.
    Super Trend Settings
    This parameter group holds the settings for the super trend indicator.
    Filter Settings
    This parameter group allows you to enable or disable multi-timeframe logic for the trades. For example, if you want to trade trend changes on the H1 chart confirmed by the D1 trend direction, load the EA on the H1 chart and set D1 Filter to true.
    Sessions Settings
    Enable or disable trading for the Assian, European or American sessions.
    Position Management
    This group of settings applies to trading decisions and trade management. You can select trading direction, break-even in pips, trailing-stop in pips, trailing-step in pips, stop-loss in pip and take-profit in pips. Optionally, you can enable or disable the closing of trades on opposite signals.
    Session Settings
    Enable or disable trading for the Assian, European or American sessions.
    Money Management
    In this settings block you can set the lotsize for the first trade, or allow the EA to calculate it by itself. It also implements a martingale behavior. Entering a manual lot size is recommended.
    EA Settings
    You can select the magic number and custom comment for trades.
  • ? FAQ
    Can I disable the stop-loss and trade it as a reversal system?
    Yes, you can, but make sure to enable the parameter called Close trades on opposite signals..
    Does the EA use tick data?
    No, it does not. It uses only HLOC data from the current chart.
  • Comments

    Keep comments tidy and respectful. Avoid spam, offensive remarks, self-promotion and posting personal or payment information. The comment section is for discussion and questions only. Please note that we'll never solicit payments in the comments section.

Screenshots

Super Trend EA EA for Metatrader