Re: Supertrend indicators for MT4
Posted: Mon Jan 26, 2026 6:48 am
Don't want to repeat myself, but this is the best trend following box-style indicator I found in my decades long journey. It's like dynamic range bars, is able to completely ignore many zigzags and can thus be more reliable in stop&reverse strategies. The consecutive losses are painful, but with well tested settings for the instrument you know the chances of next successful trade increase with every loss as compared to something like MA-based indi (which can produce huge consecutive loss streaks when price oscillates in tight range). Any chance of converting it for mt5 in the future?