Technical Indicators for MetaTrader 4

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MetaTrader 4

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Super Trend new formula

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85 $64 $

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Information

Indicators
MetaTrader 4
Andrey Kozak
1.0
20

Overview

SuperTrend new formula – advanced SuperTrend indicator for accurate market analysis

SuperTrend new formula is an enhanced version of the popular SuperTrend indicator, designed to meet the needs of modern traders. Unlike classical solutions, this tool combines local extremum analysis, dynamic levels, and adaptive algorithms, delivering a cleaner and more structured view of market phases.

The SuperTrend new formula plots two dynamic lines — upper and lower — that visually separate bullish and bearish movements. When momentum shifts, the lines are automatically recalculated, helping traders identify the actual trend direction without subjective guessing.

Why SuperTrend new formula is more effective than the classic SuperTrend:

  • Adaptability to local volatility while filtering out false market fluctuations.

  • Clear distinction between bullish (blue line) and bearish (orange line) phases.

  • Works seamlessly on all timeframes — from M1 up to D1 and beyond.

  • Universal application across Forex pairs, metals, indices, and cryptocurrencies.

  • Flexible parameter adjustments to fit any trading style.

SuperTrend new formula parameters:

  • winBars – number of bars for local extremum analysis.

  • modeLo / modeHi – modes for detecting lows and highs.

  • maLen – length of the moving average used in calculations.

  • maShift – shift for fine-tuning the plotted levels.

  • maMeth – smoothing method (SMA, LWMA, etc.).

  • priceLo / priceHi – applied price type (Open, Close, High, Low).

SuperTrend new formula is more than just a trend indicator. It helps traders follow market structure with discipline, filtering out random noise and building a clear, objective picture of price movement.

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