MTEI SuperTrend � VertexFX Indicator

[NCDindia]

The MTEI SuperTrend indicator is a powerful trend based indicator that provides excellent trend following direction. It is based on the Commodity Channel Index (CCI) and Average True Range (ATR).
We first calculate the CCI over the recent 50 candles. If the CCI crosses above 0, then the it is considered an uptrend, whereas when it crosses below 0 it is consider as downtrend.
The SuperTrend line is calculated by subtracting the 5 candle ATR from the current Low for an uptrend, and by adding a 5 candle ATR from the current High for a downtrend.

BUY - Enter BUY trade when indicator turns GREEN. Avoid entering trade if candle gaps above the GREEN indicator value.
SELL - Enter SELL trade when indicator turns RED. Avoid entering trade if candle gaps below the RED indicator value.

[hichemlamine]

i think it is a good indicator but is it possible to use it with other indicators to show the difference and have a real compariaosn for use
if we an di tha it will be possible to show instantly which one of indicators is faster better and easiest!
i hope this indicator is really super as its name

[fxearner]

bhai ji aapne acha indicator share kiya hai,esko pehle demo account par check karna chahiye aur trader esko jabb ache se samajhlega to uske baad he real par use karna chahiye,trader ko esme samajhne me time lagta hai..

[ghaffar500]

dear trader yeh aik acha indicator hay esko main khud apnay terminal main use ker rha hun eski accracy bohti hi achi hay aur yeh aik strong point pay entery deta hay aur eski entry long term main chalti hay ap week tak bhi chla skty hain eski li giay entry ko thanks for shareing..........

[Abniali05]

i completely unaware of that indicator according to my personal thoughts you need to be smart in your
own thinking and planning about the trading . the only thing you have to keep in mind kindly learn from
you mistakes and comes up with a massive ideas.