Super Trend is a well-known indicator adapted for MT5 defining the cycles of the price evolution of any financial market in any timeframe. It shows clearly the ascending and descending price tendency and trend changes. The Super Trend can be used to generate automated entry signals near the trend change intervals. Also, it can be used to define limit conditions combined with any of Cyclicality indicators. The Super Trend line has a specific optimal period for each market and timeframe.
The efficiency of the Super Trend indicator was proved during the time, having a very precise evolution, especially in the long-time intervals (H1, H4, D1, W1) for every market. For the small timeframes (M1, M5, M15, M30), the Super Trend is a very good filter of false signals of many other known indicators like RSI, CCI, MACD etc. The indicator can be successfully used for manual trading or can be automated by importing the specific data series. The Super Trend indicator is an important part of the algorithms included in successful expert advisors like Dow Jones Predictor, Dow Jones Trader, Gold Predictor, or Gold Trader.