Super Trend + Custom Line. MT5 version released.
WilyFX — Indicator Development Notes
Super Trend + Custom Line.
MT5 version, released.
2026 / WilyFX
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So far we have released two Super Trend-type indicators for MT4. Thanks to you, many have used them and provided feedback. Thank you very much.
This timeMT5 versionhas been newly developed. Merely porting it wouldn’t be interesting. With that in mind, I added a major customization.
I was concerned about the “weakness” of Super Trend
Super Trend is a simple, easy-to-use indicator. It shows the trend direction with a single line and tells you the turning points with arrows. That alone is enough to be usable.
However, there was one thing I’ve always been curious about.
“Entry is clear, buthow far will it extendis unknown.”
Super Trend can justify entries, but you must decide your profit-taking target yourself. Most people have had the experience of taking profits too early by instinct, or letting profits slip away by holding on too long.
To solve that, I created this indicator.
The meaning of the name “Dual Line”
This indicator has two lines.
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Details of the two lines and
specific trading scenarios are disclosed
✓ Mechanism and usage of the unique target line
✓ Specific scenarios from entry to exit
✓ Points for parameter tuning
✓ Examples of combining with Stochastic and Moving Average