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An MT5 expert advisor that uses the Supertrend indicator to open trades on several currency pairs. It has optional grid recovery, hedging, session and spread filters, a dashboard and alerts.
Get one message the moment it launches, with its price.
Supertrend Multi Currency EA is an expert advisor for MetaTrader 5 that follows the direction given by the Supertrend indicator and can apply that logic to several currency pairs from one setup.
The Supertrend indicator draws a line above or below price depending on the prevailing direction, and it flips when price closes beyond that line. The EA reads these direction changes and uses them as its trade signals. A flip to an uptrend is treated as a buy signal, and a flip to a downtrend as a sell signal. Trades are opened and managed automatically, so you do not need to watch the charts for each change.
The EA offers stop loss and take profit inputs, and it includes optional grid recovery and hedging features. Martingale-style sizing is also described as an option. These approaches can increase exposure quickly when the market moves against open positions, so read each input carefully, keep them off unless you understand them, and test them before use.
The product is aimed at forex pairs, including the major pairs, and can work across several symbols in one terminal. The timeframe is selected in the inputs. Spreads, swap costs and symbol names differ between brokers, so check that the pairs you want are available in your Market Watch and run tests on the timeframe you plan to use.
An on-chart dashboard shows open trades, account equity and basic performance figures. Alerts can be sent as pop-up messages, email or push notifications to your phone, provided those functions are set up in your MT5 terminal.
Exact defaults can change between releases, so open the input tab and read each field before you attach the EA. The areas below are the ones to check first.
| Area | What to check |
|---|---|
| Supertrend parameters | Indicator period and multiplier, and the timeframe used for signals |
| Lot size and risk | Fixed or risk-based sizing, and a size suited to your balance |
| Stop loss and take profit | Whether they are enabled and how they are measured |
| Grid, hedging, martingale | Whether each is enabled, plus step size and maximum trades |
| Spread and session filters | Maximum spread and allowed trading hours in broker time |
| Symbols | Which pairs are traded and the exact symbol names at your broker |
| Alerts | Pop-up, email and push options |
Trading carries risk, and automated systems can lose money. Past or tested results do not predict future ones. Grid, hedging and martingale options can enlarge losses during strong trends. Test on a demo account first and only trade with money you can afford to lose.
Before running it live, use the Strategy Tester and a demo account to see how the EA behaves with your broker's data and spreads.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (expert advisor) |
| Strategy focus | Signals, Trend, Grid, Support and resistance |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor, automated trading |
| Core logic | Supertrend indicator trend signals |
| Markets | Forex pairs, multi-symbol operation |
| Timeframes | Selectable in inputs; test before choosing |
| Trade style | Trend following with optional grid and hedging |
| Filters | Spread filter and trading session filter |
| Requirements | MT5 terminal, algo trading enabled, stable connection |
No reviews yet. Customers who own Supertrend Multi Currency EA MT5 can review it here.
No. This product is built for MetaTrader 5 only. An MT4 terminal cannot load it, so you need an MT5 account and the MT5 terminal from your broker.
Copy the downloaded files into the MQL5 data folder of your terminal (File, Open Data Folder), place the expert in the Experts folder, then restart MT5 or refresh the Navigator. Drag the EA onto a chart and make sure algo trading is switched on.
It should run on brokers that offer MT5 and the currency pairs you want to trade. Symbol names, spreads, execution and hedging or netting account type differ between brokers, so test on a demo account with your own broker first.
If you plan to use the hedging options, check whether your account is a hedging account or a netting account. Hedging behaviour depends on that setting at the broker, so confirm it before going live.
The best values depend on the pair, timeframe, broker and your risk tolerance, so no single setup can be recommended here. Review lot size, stop loss, take profit, filters and the grid options in the inputs, and run strategy tester runs and a demo period before using real funds.
No result can be promised. Trading carries risk, you can lose part or all of your capital, and past or tested results do not predict future ones.
Supertrend Multi Currency EA MT5
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