This is a modified version of the well-known Supervrend indicator by Olivier Seban – lines are replaced by dots allowing to display previously hidden one-bar change of direction.
This is just another trend detector.
The indicator has two input parameters:
Period – calculation period
Multiplier – ATR weight multiplier
MT5 Indicators – Download Instructions
Super Trend Dot MT5 Indicator is a Metatrader 5 (MT5) indicator and the essence of this technical indicator is to transform the accumulated history data.
Super Trend Dot MT5 Indicator provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly. Click here for MT5 Strategies
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How to install Super Trend Dot MT5 Indicator.mq5 to your MetaTrader 5 Chart?
- Download Super Trend Dot MT5 Indicator.mq5
- Copy Super Trend Dot MT5 Indicator.mq5 to your Metatrader 5 Directory / experts / indicators /
- Start or restart your Metatrader 5 Client
- Select Chart and Timeframe where you want to test your mt5 indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
- Right click on Super Trend Dot MT5 Indicator.mq5
- Attach to a chart
- Modify settings or press ok
- Indicator Super Trend Dot MT5 Indicator.mq4 is available on your Chart
How to remove Super Trend Dot MT5 Indicator.mq5 from your Metatrader 5 Chart?
- Select the Chart where is the Indicator running in your Metatrader 5 Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
Super Trend Dot MT5 Indicator (Free Download)
Click here below to download: