ArgoSuperTrend was uploaded by Alexander Lasygin on the 6th of June 2014 onto the MQL5 marketplace where it can now be found. It has not received any additional updates since it was first uploaded and so it ism till on version 1.0.
ArgoSuperTrend is an indicator for the MetaTrader 4 trading platform, the main aim of the indicator is to identify the main market states of a trend, pullback, and flat. This will allow you to enter the market at the time you want to and with the use of any trading style.,
The indicator has a number of visuals, first is a row of dots that shows you the current trend, wither bullish, bearing or neutral, the bars are also colored to indicate the current fastCCI location.
The indicator will generate potential stop losses and take profit levels based on the trends and markets, you will need to set these yourself if you wanted to use them, the indicator will use Fibonacci levels as a method of working the stops out.
There are plenty of parameters available too, some of them include the style of lines, candle colors, arrow sizes, clock visibility, target Fibonacci levels, slow CCI period, fast CCI period, and many more options are available too.
The ArgoSuperTrend will currently cost you $15 which is relatively cheap when comparing to other indicators, this is a one-off payment to get you limitation free access. There is not an option to rent it but there is a free demo version, this will be limited but the actual limitations are not known to us as they are not stated on the site, it may be worth downloading and testing out.
ArgoSuperTrend currently has seven user reviews giving it an overall rating of 4.5 out of 5.
“After 2 years of backtest on two pairs (as an addition to my strategy), I can say that it’s a very good tool for entries and exits. 5*!” – A 5-star review.
“Useful indicator” – A 3-star review.
“Very good indicator. I can enter a trade anytime with this indicator.“ – A 5-star review.
The reviews are generally very positive and the developer of the indicator seems to be actively supporting the software by replying to comments and offering support. The free version is there to try and the developer is ready to answer any questions that you may have before purchasing, so it may be worth making sure that the indicator is right for you before you purchase it.
This Forex service is currently available in the MQL5 marketplace: https://www.mql5.com/en/market/product/4631