Heiken Ashi Smoothed
$1,000.00
The Supertrend EA is a Trend Trading Expert Advisor and trades all 4 signals of the Supertrend Plus Indicator. The 4 signals are Trend Change, Breakout, Correction and Pullback. You can choose for each signal whether you want to trade it or not. To use the Supertrend EA, you do not need to have the Supertrend Plus Indicators installed, but it is recommended since the EA does not display any lines or dots to the chart.
Description
About the Supertrend EA
The Supertrend EA functions as a Trend Trading Expert Advisor, leveraging all four signals provided by the Supertrend Plus Indicator. These signals include Trend Change, Breakout, Correction, and Pullback. Users have the flexibility to choose which signals to trade.
While it’s not mandatory to have the Supertrend Plus Indicators installed for using the Supertrend EA, it’s advisable since the EA doesn’t display any visual elements on the chart.
Included Functions
The Following function are included on the Basic and Pro version
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Inverse Strategy
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Max Open Trades
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Trade Direction
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Order Comment
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Spread Filter
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Money Management
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Close On Trend Change
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Pending Order Expire
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Supertrend as StopLoss
The functions listed below are only included in the Pro version
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Trailing Stop
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Break Even
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Candle Trail
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ATR Trail
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Time/Day Filter
The functions in detail
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Close On Trend Change: When set to true, the Supertrend EA closes all open trades upon detecting a Trend Change signal.
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Pending Order Expiry: Specifies the number of new bars after which pending orders will be deleted.
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Supertrend as StopLoss: Utilizes the Supertrend Line as the StopLoss for all open trades.