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SuperTrend EA for MT4

To start Algo trading with supertrend on MT4, You have to simply follow these steps given below.

Follow the steps to put strategy in MT4 “

  1. Download EA files from here.
  2. Click on file => open data folder=> and click on MT4.
  3. Unzip strategy files given to you.
  4. Copy and paste expert files from it to expert folder of MT4.
  5. Now paste copied indicator files from it to indicator folder of MT4.
  6. Copy and paste include files from it to include folder of MT4.
Expert Advisor settings

Settings Required for supertrend MT4

  • Open MT4 software=.> tools=> expert advisor.
  • Check all option available.
  • Now go to navigator click on refresh to refresh indicator and expert advisor.
  • Now put supertrend button expert advisor on chart.
  • And not put super trend indicator on chart.
  • Enjoy live trading using supertrend MT4.
Settings Required for supertrend MT4

Strategy Parameters

  1. Simple order panel – If you choose show Bracket order panel button will display on chart.
  2. Bracket order panel – If you choose show Bracket order panel button will display on chart.
  3. Trendline panel – If you choose show Trendline panel will display on chart.
  4. Strategy tag – Use default STG1 unless trading in multiple strategies.
  5. Port– Leave blank unless using for multiple accounts.
  6. Quantity– If you also specify Qty in Bridge->Symbol Settings, it will over-ride the qty given here.
  7. Instrument – Leave blank or set the instrument.
  8. Ordertype– If you also specify OrderType in Bridge->Symbol Settings, it will over-ride the OType given here
  9. Period– Set the period of supertrend here.
  10. Multiplier– Set the multiplier of supertrend from here .