i think we can use supertrend strategy to detect the trend
When the trend changes, tdi and identifying trend indicators can not understand the trend change well and cause a position to open against the trend, and then the martingale is activated and the account explodes.
in this picture the supertrend strategy has activeted
Oh Andrey, i found a better andicator in the market
😄 its very goood, mt5
Why do you think it is better?
We need only source codes for our EA. So, look through code-base, please
Doesn't Identify_Trend already do the same thing? We already have about 3/4 trend indicators and filters - MACD, 3 MA's and Identify trend. I would actually prefer a way to measure trend strength. Something that isn't the ADX. But I have already suggested them and posted the necessary code.
Doesn't Identify_Trend already do the same thing? We already have about 3/4 trend indicators and filters - MACD, 3 MA's and Identify trend. I would actually prefer a way to measure trend strength. Something that isn't the ADX. But I have already suggested them and posted the necessary code.
The supertrend indicator is more accurate than the IdentifyTrend indicator so in my opinion, the supertrend would be a very good addition to the IdentifyTrend Properties
There needs to be some kind of comparative analysis of the 2 on the same set of price data. Problem is that we need access to the code. Not sure if you can sweet talk the author in some way.
Andrey, found this.
Don't think this is a Super Trend, but a Super Signals Channel, but it might help...
https://www.mql5.com/en/code/23171
Edit...
Here a super Trend in the codebase for MT5
https://www.mql5.com/en/code/576
For MT4
The supertrend could be very powerful if used correctly and without repaint oooof course