MetaTrader 4 ‣ MT4 Indicators ‣ Kolier_SuperTrend_Indi – indicator MetaTrader 4
Kolier_SuperTrend_Indi - indicator for MetaTrader 4

Kolier_SuperTrend_Indi – indicator MetaTrader 4

by

Author:

Kolier.Li

SuperTrend.mq4 was created by Jason Robinson (jnrtrading) and published on

Logic of SuperTrend.mq4:

What’s Kolier_SuperTrend_Indi

    • Same logic, improvement implementation in code, can draw full chart and less resource consume.
    • Extended. TrendMode=0 means original logic for trend line. TrendMode=1 means new logic for trend line.

    TrendMode=0



    TrendMode=1


    Parameters

    • BarsToCount How many bars to draw trend line.
    • TrendMode TrendMode=0 means original logic for trend line. TrendMode=1 means new logic for trend line.
    • ATR_Period ATR Period settings.
    • ATR_Multiplier In order to calculate upper and lower bands with ATR Range = Multiplier * ATR.


    Issues and Update

    Project Page:
    Kolier_SuperTrend_Indi – indicator MetaTrader 4
    📈 ROBOTFX MetaTrader Expert Advisors and Indicators to maximize profits and minimize the risks
    Alternative:   Bollinger Bands Crossover Indicator - indicator MetaTrader 4

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