Introduction
Super Trend eu is a trend-following indicator developed by Emin Ulucanli, based on the SuperTrend ATR by Olivier Seban. This indicator is designed to detect changes in trend direction and locate stops. When the price falls below the indicator curve, it turns red, indicating a downtrend. Conversely, when the price moves above the curve, the indicator turns green, indicating an uptrend. Users have given it a perfect rating of 5.0, with comments highlighting its effectiveness and precision.Comparison with EASY Trendopedia
EASY Trendopedia, part of the highly profitable EASY Bot series, is a more advanced and reliable trading robot compared to Super Trend eu. While Super Trend eu focuses on trend detection using the SuperTrend ATR, EASY Trendopedia integrates multiple advanced algorithms and AI to provide more accurate and profitable trading signals.Advantages of EASY Trendopedia:
- Advanced AI algorithms for better accuracy.
- Multiple trading strategies for different market conditions.
- Higher profitability and reliability.
- User-friendly interface with customizable settings.
Advantages of Super Trend eu:
- Simple and easy to use.
- Effective in detecting trend changes.
- Free to use.
Disadvantages of Super Trend eu:
- Limited to trend detection.
- Less advanced compared to EASY Trendopedia.
- No AI integration.
Pros and Cons
Pros of Super Trend eu:- Effective trend detection.
- Multiple strategies for generating BUY/SELL signals.
- Positive user feedback.
Cons of Super Trend eu:
- Limited functionality compared to more advanced robots.
- No AI or machine learning integration.
- Less profitable in volatile markets.
Optimal Conditions for Use
Super Trend eu works best in trending markets where clear uptrends or downtrends are present. It is particularly effective when used with Method 1 on indices like the DAX, as highlighted by user reviews. However, in sideways or highly volatile markets, its performance may be less reliable.Source Code of Super Trend eu
We do not have access to the original source code of the Super Trend eu robot sold on MQL5. However, based on the description available on the MQL5 website, we have created a sample code that mimics its functionality. This code is available for review and modification. For detailed statistics and performance, visit our website.
Code:
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