kolier super trend indicator
Info
The kolier super trend indicator is a Indicator for MetaTrader 4 that this indicator is based on the supertrend logic, with improvements in the code implementation. it can draw the full chart and consumes less resources.
Usage
This tool is typically used for trend following strategies across multiple currency pairs.
Platform
This Indicator works exclusively on MetaTrader 4 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL4/Indicators folder via File ? Open Data Folder in MetaTrader 4.
How to Install and Use kolier super trend indicator
1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.
2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.
3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.
4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.
Frequently Asked Questions
Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."
Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).
Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.
What this tool does
this indicator is based on the supertrend logic, with improvements in the code implementation.
Typical Use Case
This Indicator excels in trend following on MetaTrader 4.
Compatible Platform & Setup
This Indicator works on MetaTrader 4. Place the file in the MQL4/Indicators folder and restart the terminal.
Description & Settings
Related: stoch r% super position indicator - another powerful indicator for MetaTrader 4 traders.
this indicator is based on the supertrend logic, with improvements in the code implementation. it can draw the full chart and consumes less resources. the indicator has two trend modes. trendmode=0 uses the original logic for the trend line, while trendmode=1 uses a new logic for the trend line. the parameters for this indicator include: - barstocount: the number of bars to draw the trend line - trendmode: the trend mode, with 0 being the original logic and 1 being the new logic - atr_period: the atr period settings - atr_multiplier: the multiplier used to calculate the upper and lower bands with atr range = multiplier * atr for issues and updates, please visit the project page.Also recommended: rs i de marker super position indicator - similar indicator with strong performance on MetaTrader 4.
You may also like: super sr 6 indicator - excellent alternative for indicator users on MetaTrader 4.
Source Code
/*
* i here get paid to program for you. just $15 for all scripts.
*
* i am a bachelor major in financial-mathematics.
* i am good at programming in mql for meta trader 4 platform. senior level. have done hundreds of scripts.
* no matter what it is, create or modify any indicators, expert advisors and scripts.
* i will ask these jobs which are not too large, price from $15, surely refundable if you are not appreciate mine.
* all products will deliver in 3 days.
* also, i am providing ea, indicator and trade system improvement consultant services, contact me for the detail.
* if you need to have it done, don't hesitate to contact me at: [email protected].......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.