The SuperTrend Indicator MT5 is a popular and free Forex indicator that is useful for traders of all levels. This indicator is based on the ATR and the CCI and uses a combination of both to identify the direction of a trend. It works by plotting two lines on the chart, one representing the current trend and the other representing the potential trend reversal. When the indicator is used in conjunction with other technical indicators, it can provide traders with valuable insight into when to enter and exit the market.
- Author fx
- Creation date
More resources from fx
-
MT4 Sweet Spots Gold Tro Modified VersionIdentify key support and resistance “sweet spots” for smarter trades. -
MT4 Candle Body SizeGauge market strength and anticipate moves by analyzing candle body sizes. -
MT4 Awesome Accelerator TickerTrack market momentum and acceleration to catch trends early. -
MT4 Maksigen KahajiTrade trends and momentum confidently with Maksigen Kahaji signals. -
MT4 Pattern Recognition Master V3Get detailed candle bar insights to trade with clarity and confidence.