Supertrend Trailing Stop Expert Advisor for Metatrader 5

rotu

Newbie
4 1
Hello,

I am looking for an EA for Metatrader 5 that sets a trailing stop based on the indicator "Supertrend" (https://www.mql5.com/en/code/576). The stop should be a little higher (when selling) or lower (when buying) than the supertrend line and move with that supertrend line of course (because it should be a trailing stop). The space between the supertrend line and the actual trailing stop should be adjustable in pips. The parameters of the supertrend indicator should also be adjustable within the EA. If the supertrend line switches its color during an open position this position should be closed or there should be a notification that there has been a color switch and the stop should remain where it was before. These two options should be selectable.

Could someone program such an EA?

Thanks in advance,

All the best.
 

timsk

Legendary member
7,086 1,879
Hello,

I am looking for an EA for Metatrader 5 that sets a trailing stop based on the indicator "Supertrend" (https://www.mql5.com/en/code/576). The stop should be a little higher (when selling) or lower (when buying) than the supertrend line and move with that supertrend line of course (because it should be a trailing stop). The space between the supertrend line and the actual trailing stop should be adjustable in pips. The parameters of the supertrend indicator should also be adjustable within the EA. If the supertrend line switches its color during an open position this position should be closed or there should be a notification that there has been a color switch and the stop should remain where it was before. These two options should be selectable.

Could someone program such an EA?

Thanks in advance,

All the best.
Hi rotu,
Welcome to T2W.

If there isn't already something out there that does what you require, then I suggest you find a MT4/5 coder to create it the EA for you. If no one responds here offering a solution, then your best bet may be with https://www.freelancer.co.uk. I've used the site for something I wanted doing and am very happy with the result and the (minimal) cost. I'm happy to discuss the details if you'd care to PM me.
Tim.
 

rotu

Newbie
4 1
Hi rotu,
Welcome to T2W.

If there isn't already something out there that does what you require, then I suggest you find a MT4/5 coder to create it the EA for you. If no one responds here offering a solution, then your best bet may be with https://www.freelancer.co.uk. I've used the site for something I wanted doing and am very happy with the result and the (minimal) cost. I'm happy to discuss the details if you'd care to PM me.
Tim.
Thank you for the reply. Can you estimate how much such an EA would cost me Id I used the website you suggested?
 
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rotu

Newbie
4 1
I have found an article describing how to program Trailing Stop EAs based on indicators here: https://www.mql5.com/en/articles/134

A lot of code plus a downloadable sample is already included in the article. It only needs to be based on the Supertrend indicator instead of the SAR or NRTR indicator which is used in the article.

Could someone change the sample that is provided by the article so it works based on Supertrend?

Thanks.
 

remulix

Active member
151 133
It can be done

I have found an article describing how to program Trailing Stop EAs based on indicators here: https://www.mql5.com/en/articles/134

A lot of code plus a downloadable sample is already included in the article. It only needs to be based on the Supertrend indicator instead of the SAR or NRTR indicator which is used in the article.

Could someone change the sample that is provided by the article so it works based on Supertrend?

Thanks.
Hi rotu

If you haven't found a solution yet, I can code it for you for free.
I will just set a condition: prove me that it can be profitable.

Regards.
R.
 
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