[MT4 Indicator] Super Trend Dual Line

https://www.gogojungle.co.jp/tools/indicators/81681?via=users_products

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Have you heard of an indicator called "Super Trend"?

A classic indicator used in FX and stock chart analysis to indicate trend direction. A single line is displayed above or below the candlesticks,If the line is below, it indicates an uptrend; if the line is above, it indicates a downtrend— making the current trend direction easy to see at a glance. When the price breaks this line, it signals a trend reversal.

Because its mechanism is simple and easy to understand, it has become a standard tool used by beginners. However, there is one problem with this alone.

“The direction is clear. But it doesn’t tell you where to take profits.”

What we will introduce"Super Trend Dual Line"adds a proprietary "Target Line" that automatically provides profit-taking guidance to this Super Trend. It now covers both "direction" and "profit target" in one indicator. It was originally developed as an MT5 version, but this time we have started offering an MT4 version as well.※ Due to MT4 specifications, email notification is not supported (popups, sound, and push notifications are available).This time, instead of a feature review,I will talk about how the "Target Line" was born. In fact, this specification was not always like this from the start.①At first, it was just a simple "Super Trend"In its initial version, this indicator was quite ordinary. It was an ATR-based Super Trend that moved in a ratcheting fashion (only in one direction). It started as the very thing described as the classic Super Trend.From there, it gradually added visual options, allowed different determination methods, and made subtle improvements.Making the ATR smoothing type selectable. Allowing the choice between whether the determination is based on wicks or bodies. Allowing whether to use confirmed bars or real-time bars —.Honestly, at this point it was just a well-made Super Trend.You could know the direction. But that was all.

※ Due to MT4 specifications, email notification is not supported (popups, sound, and push notifications are available).

This time, instead of a feature review,I will talk about how the "Target Line" was born. In fact, this specification was not always like this from the start.

①At first, it was just a simple "Super Trend"

In its initial version, this indicator was quite ordinary. It was an ATR-based Super Trend that moved in a ratcheting fashion (only in one direction). It started as the very thing described as the classic Super Trend.

From there, it gradually added visual options, allowed different determination methods, and made subtle improvements.
Making the ATR smoothing type selectable. Allowing the choice between whether the determination is based on wicks or bodies. Allowing whether to use confirmed bars or real-time bars —.

Honestly, at this point it was just a well-made Super Trend.You could know the direction. But that was all.