Monday, April 29, 2024
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Kolier SuperTrend

By MTI
1318

Author: Kolier.Li

SuperTrend.mq4 was created by Jason Robinson (jnrtrading) and published on https://www.forex-tsd.com/221493-post1.html

Logic of SuperTrend.mq4: https://kolier.li/indicator/how-supertrend-mq4-works-logic-of-supertrend-indicator-created-by-jason-robinson-jnrtradin

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.
Download File

Guide to Installing indicators on MT4

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