Supertrend EA Basic


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About the Supertrend EA

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.
Included Functions

The Following function are included on the Basic and Pro version

  • Inverse Strategy
  • Max Open Trades
  • Trade Direction
  • Order Comment
  • Spread Filter
  • Money Management
  • Close On Trend Change
  • Pending Order Expire
  • Supertrend as StopLoss
The functions listed below are only included in the Pro version

  • Trailing Stop
  • Break Even
  • Candle Trail
  • ATR Trail
  • Time/Day Filter
The functions in detail

Close On Trend Change
It this parameters is set to true, the Supertrend EA will close all open trade on a Trend Change signal.

Pending Order Expire
Defines after how many new bars the pending order will be deleted

Supertrend as StopLoss
Uses the Supertrend Line as StopLoss for all open trades

Other Functions
You will find the description for all other functions in the functions glossary
Starter Bundle

The Supertrend EA (Trend Trading EA) is included in the EA Starter Bundle.