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- Trading Robots
- Metatrader 5
- Trend Indicator
- Supertrend by KivancOzbilgic
Supertrend by KivancOzbilgic
Easy Rating: 5/2
MQL Rating: 5/2
Type:
Live
Leverage:
100
Deposit:
504$
Balance:
494.35$
Profit:
-9.65$
Withdrawal:
0$
Update: 8 Nov 2024
12000
4452.68
Live
FusionMarkets-Live
19 Dec 2024, 12:21
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Overview
Welcome to the rollercoaster ride of Forex trading with ‘Supertrend by KivancOzbilgic’! 🌟 This indicator promises to be your guiding star in the chaotic universe of market trends. But does it really live up to the hype? Let’s dissect it with the precision of a surgeon and the skepticism of a seasoned trader.
In the first section, we’ll unravel the basics of this non-repaint, light-load processing indicator. You’ll learn how it aims to make your trading life easier by offering clear bullish and bearish signals based on the Average True Range (ATR). It’s like having a financial oracle, but without the mystical mumbo jumbo.
Next, we’ll dive into the nitty-gritty of how this indicator works. From its reliance on ATR to its customizable settings, we’ll leave no stone unturned. Think of it as a behind-the-scenes tour of a magic show, where we reveal the tricks that make the magic happen.
But don’t just take our word for it. In the third section, we’ll bring in the voices of the trading community. User reviews and feedback will give you a balanced view of the indicator’s real-world performance. Spoiler alert: not everyone is a fan, but that’s what makes this analysis interesting.
Then, we’ll put on our comparison hats and pit the Supertrend by KivancOzbilgic against other heavyweights like the AV SuperTrend EA MT5, Supertrend etradro, and Volume SuperTrend AI. It’s a battle of the trend-followers, and only the best will come out on top.
Of course, no review is complete without a performance evaluation and cost-benefit analysis. At $40, is this indicator a steal or a splurge? We’ll crunch the numbers and let you know if it’s worth your hard-earned cash.
Finally, meet the brains behind this review – the team at forexroboteasy.com. With a track record of developing the highly acclaimed EASY Bot series, these experts know their stuff. They’re here to provide you with unbiased, insightful reviews to help you navigate the Forex market.
So, buckle up and get ready for an in-depth, no-holds-barred review of the Supertrend by KivancOzbilgic. And don’t forget to share your thoughts and experiences with us. After all, trading is a community effort, and every voice counts.
Introduction to Supertrend by KivancOzbilgic 🌟
The ‘Supertrend by KivancOzbilgic’ indicator is a non-repaint, light-load processing tool that has garnered attention for its trend-following capabilities in the Forex market. Unlike many indicators that bog down your system, this one is designed to be efficient and straightforward, making it an attractive option for traders who value speed and reliability. The core functionality of this indicator revolves around the Average True Range (ATR), which it uses to calculate and display bullish and bearish signals. This means you get clear, actionable insights without the noise, allowing you to make informed trading decisions quickly. 📈
One of the standout features of the Supertrend indicator is its non-repaint nature. This is crucial because it ensures that the signals you see are reliable and not subject to change after the fact, a common issue with many other indicators. Additionally, the light-load processing means that it won’t slow down your trading platform, even when running multiple indicators simultaneously. This makes it particularly useful for traders who rely on real-time data and need their systems to operate at peak efficiency. Moreover, the indicator is highly customizable, allowing you to tweak settings such as the ATR period and multiplier to suit your trading style. This flexibility is a significant advantage, as it enables you to adapt the indicator to various market conditions and trading strategies. 🌟
By incorporating this tool into your trading arsenal, you can enhance your ability to identify and capitalize on market trends, making it a valuable addition for both novice and experienced traders alike.
How Supertrend by KivancOzbilgic Works 🔍
The ‘Supertrend by KivancOzbilgic’ indicator operates primarily on the Average True Range (ATR) to generate its signals. This reliance on ATR allows the indicator to measure market volatility and adjust its calculations accordingly. The Supertrend indicator plots a line on the chart that changes color based on the trend direction: green for bullish and red for bearish. When the price crosses above the Supertrend line, it signals a potential buy, and when it crosses below, it signals a potential sell. This simplicity in signal generation makes it an excellent tool for trend-following strategies. 📊
Customization is another key feature of this indicator. Traders can adjust the ATR period and multiplier to fine-tune the sensitivity of the signals. For instance, a higher ATR period will smooth out the indicator, making it less responsive to short-term price fluctuations, while a lower period will make it more sensitive. Additionally, the Supertrend indicator offers options to change the ATR calculation method and enable or disable visual signals and alerts. This flexibility allows traders to adapt the indicator to various market conditions and personal trading styles, enhancing its utility in both volatile and stable markets. 🔧
User Reviews and Community Feedback 📣
User feedback on the ‘Supertrend by KivancOzbilgic’ indicator is a mixed bag, as is often the case with trading tools. On the positive side, many traders appreciate its simplicity and non-repaint nature, which ensures that signals remain consistent and reliable. This aspect is particularly praised because it eliminates the frustration of seeing signals change after the fact, a common issue with many other indicators. Users have also highlighted the indicator’s light-load processing, which means it doesn’t slow down their trading platforms, even when multiple indicators are running simultaneously. This efficiency is a significant advantage for those who rely on real-time data and need their systems to operate at peak performance. 👍
However, it’s not all sunshine and rainbows. Some traders have pointed out that while the Supertrend indicator is excellent for identifying trends, it can sometimes generate false signals in choppy or sideways markets. This can lead to premature entries or exits, which can be costly. Additionally, the indicator’s performance is highly dependent on the settings chosen, such as the ATR period and multiplier. If these are not optimized for the specific market conditions, the indicator’s effectiveness can be significantly reduced. Therefore, it’s crucial for traders to thoroughly backtest and tweak the settings to match their trading style and the current market environment. This way, they can mitigate the risk of false signals and maximize the indicator’s potential. 🚨
Comparative Analysis with Similar Indicators ⚖️
When comparing the ‘Supertrend by KivancOzbilgic’ with other trend-following indicators like the AV SuperTrend EA MT5, Supertrend etradro, and Volume SuperTrend AI, several key differences and similarities emerge. The AV SuperTrend EA MT5, for instance, is an expert advisor that not only identifies trend changes but also manages trades by trailing positions along the SuperTrend line and closing them when the trend reverses. This automated approach can be a double-edged sword: while it simplifies trading and ensures disciplined execution, it may not adapt well to sudden market changes or low-volatility periods. The AV SuperTrend EA MT5 is particularly suited for trendy markets, similar to the Supertrend by KivancOzbilgic, but it offers additional features like SMA filtering and compounding lot options, which can enhance its performance in specific scenarios.
On the other hand, the Supertrend etradro indicator focuses on volatility and integrates ATR calculations to provide more accurate values, similar to the Supertrend by KivancOzbilgic. However, it also includes the option to use standard deviation, offering an alternative method for traders who prefer a different approach to volatility measurement. This flexibility can be advantageous in adapting to various market conditions. The Supertrend etradro is also noted for its sliding stop and reversal lines, which are akin to the Parabolic SAR indicator, providing a visual and functional similarity that some traders might find useful.
The Volume SuperTrend AI takes a different approach by incorporating volume analysis and artificial intelligence. By using volume-weighted moving averages and the k-nearest neighbors algorithm, it aims to provide more precise trend predictions. This added dimension of volume analysis can be particularly beneficial in confirming trends and identifying potential reversals with greater accuracy. The AI integration allows for adaptive responses to market dynamics, making it a robust tool for traders who rely on data-driven insights. However, the complexity of this indicator might be overwhelming for beginners, and its performance heavily depends on the quality of historical data and the chosen parameters.
In summary, while the Supertrend by KivancOzbilgic is a reliable and straightforward trend-following indicator, other tools like the AV SuperTrend EA MT5, Supertrend etradro, and Volume SuperTrend AI offer additional features and methodologies that can cater to different trading styles and preferences. Each has its strengths and weaknesses, and the choice ultimately depends on the trader’s specific needs and market conditions. 🚀
Performance Evaluation and Cost-Benefit Analysis 💰
Evaluating the performance of the ‘Supertrend by KivancOzbilgic’ indicator involves looking at user reviews, activation numbers, and its cost of $40. User feedback generally praises the indicator for its reliability and non-repaint nature, which ensures that signals remain consistent and actionable. This is a significant advantage in the volatile world of Forex trading, where false signals can lead to costly mistakes. The light-load processing is another highlight, making it efficient even when running multiple indicators simultaneously. However, some users have noted that the indicator can produce false signals in choppy markets, which means it’s crucial to use it in conjunction with other tools or strategies to filter out noise. 📊
When it comes to cost-benefit analysis, the $40 price tag is relatively modest compared to other premium indicators on the market. Given its reliability and the positive feedback from the trading community, it offers good value for money. However, its performance is highly dependent on the settings chosen, such as the ATR period and multiplier. Traders need to invest time in backtesting and optimizing these settings to match their trading style and market conditions. This customization can significantly enhance the indicator’s effectiveness, making it a worthwhile investment for those willing to put in the effort. In comparison to other indicators like the AV SuperTrend EA MT5 and Volume SuperTrend AI, the Supertrend by KivancOzbilgic holds its own, offering a balance of simplicity and functionality that appeals to both novice and experienced traders. 💡
Meet the Team Behind forexroboteasy.com 👥
The team behind forexroboteasy.com is a group of seasoned professionals dedicated to providing traders with valuable insights and reliable trading tools. With years of experience in the Forex market, they have developed a range of automated trading robots, including the highly acclaimed EASY Bot series. These bots, such as EASY Trendopedia, EASY Scalperology, and EASY Breakopedia, are designed to cater to various trading strategies and market conditions. The team’s commitment to rigorous testing and continuous improvement ensures that their products remain effective and relevant in the ever-changing landscape of Forex trading. 🚀
Their expertise is not limited to developing trading robots; they also excel in providing comprehensive reviews and analyses of other trading systems, like the ‘Supertrend by KivancOzbilgic’. By leveraging their deep understanding of market dynamics and trading algorithms, they offer unbiased and insightful evaluations that help traders make informed decisions. The team’s dedication to education and support is evident in the extensive resources they provide, including detailed FAQs, user guides, and customer support. This holistic approach ensures that traders, whether novice or experienced, have the tools and knowledge they need to succeed in the Forex market. 🌐
Trading Conditions by EASY Scalperology Bot
Leverage:
100
Account type:
Live
Profitable by EASY Scalperology Bot
Profit:
37.11%
AVG Daily:
2.6$
Deposit:
12000$
WithDrawal:
0$
Current Balance:
16452.68$
Profit:
4452.68$
Trading Conditions by Supertrend by KivancOzbilgic
Leverage:
100
Account type:
Live
Profitable by Supertrend by KivancOzbilgic
Profit:
-1.91%
AVG Daily:
0$
Deposit:
504$
WithDrawal:
0$
Current Balance:
494.35$
Profit:
-9.65$
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Supertrend by KivancOzbilgic
forexroboteasy.com
Write review
Max Wilder
1 review
Outstanding Trading Tool
The Supertrend by KivancOzbilgic is an impeccable trading system. It's perfectly parallel to the tools I've used on TradingView, which I'm immensely familiar with. The accuracy of this system is phenomenal. A must-have for traders.
Sara Takahashi
1 review
Exceptional Trading Experience!
Supertrend by KivancOzbilgic has transformed my trading strategy. The accuracy and reliability of the signals are unparalleled. I'm consistently making better trading decisions and seeing impressive results. Highly recommended!