Super Trend EA 4.0

free

Super Trend EA 4.0

This expert advisor trades using the famous super trend indicator: it is completely loyal to the original algorithm and implements many other useful features for the exigent trader, like customizable trading sessions, multi-timeframe filters and many others.

Easy to use and supervise
Fully configurable indicator settings
Customizable break-even, stop-loss, take-profit and trailing-stop settings
Works for ECN/Non-ECN brokers and 2-3-4-5 digit symbols
Trades can be closed on opposite signals
Implements a martingale feature
Implements multi-timeframe filters
Filter trading by forex sessions
Additionally, it implements four different money management modes:

Trade manual lotsize: The EA will trade a fixed lotsize on each trade
Auto-calculation of lotsizes: The EA will risk % of the account on each trade
Martingale: The EA will double the lotsize after a losing trade
Inverse Martingale: The EA will double the lotsize after a winning trade
Boost your trading returns with the most complete Super Trend EA, like hundreds of users have already done!

When loading the expert to any chart, you will be presented with a set of options as input parameters. Don’t despair if you think they are too many, because parameters are grouped into self-explanatory blocks.

Trading Direction
Filter trades by direction: long, short or both.
Super Trend Settings
This parameter group holds the settings for the super trend indicator.
Filter Settings
This parameter group allows you to enable or disable multi-timeframe logic for the trades. For example, if you want to trade trend changes on the H1 chart confirmed by the D1 trend direction, load the EA on the H1 chart and set D1 Filter to true.
Sessions Settings
Enable or disable trading for the Assian, European or American sessions.
Position Management
This group of settings applies to trading decisions and trade management. You can select trading direction, break-even in pips, trailing-stop in pips, trailing-step in pips, stop-loss in pip and take-profit in pips. Optionally, you can enable or disable the closing of trades on opposite signals.
Session Settings
Enable or disable trading for the Assian, European or American sessions.
Money Management
In this settings block you can set the lotsize for the first trade, or allow the EA to calculate it by itself. It also implements a martingale behavior. Entering a manual lot size is recommended.
EA Settings
You can select the magic number and custom comment for trades.
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