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Kolier SuperTrend: A Trend Indicator with Four Display Variants

Article MQL5 code base

Summary

This brief indicator description introduces the Kolier SuperTrend, attributed to KoliEr Li. It says that a TrendMode input can produce four variants of how the indicator appears on a chart, making the setting the main configurable feature described.

The document offers little detail beyond this overview. It includes a figure reference but no formula, parameter values, signal interpretation, trading rules, test results, or discussion of limitations. As a result, it identifies a charting tool associated with trend analysis but does not establish how to use it to enter or exit trades, or whether any variant performs better than another.

Key ideas

  • The Kolier SuperTrend is presented as a trend indicator for chart display.
  • A TrendMode setting controls four display variants.
  • The description provides no calculation method, trading rules, or performance evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.