supertrend strategy

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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.

Image 680

in this picture the supertrend strategy has activeted

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Paolo Benassi
Quote from Andrey Khatimlianskyi

I'm still waiting for the links to the indicator (MT4 and MT5)

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

https://www.mql5.com/en/code/8268

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Andrey Khatimlianskyi

I'm still waiting for the links to the indicator (MT4 and MT5)

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Kishan Bhatt

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. 

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joseph kisakye
Quote from Kishan Bhatt

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

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Kishan Bhatt

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. 

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Andrey Khatimlianskyi
Quote from kamaleddin

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

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kamaleddin
Quote from Andrey Khatimlianskyi

Where are the links to the indicator (MT4 and MT5)? ;)

Oh Andrey, i found a better andicator in the market

😄 its very goood, mt5

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Andrey Khatimlianskyi
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Where are the links to the indicator (MT4 and MT5)? ;)

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kamaleddin

Yes sir👌🙏