NovaTrend Pro v1.0: Complete Feature Guide

NovaTrend Pro

View Product on MQL5 Market

NovaTrend Pro v1.0: Complete Feature Guide

A comprehensive walkthrough of every module, setting, and feature in NovaTrend Pro for MetaTrader 5.

Introduction

Traders constantly switch between multiple indicators trying to read trend direction, spot reversals, identify support and resistance, and time their entries. Chart clutter builds up fast, conflicting signals pile on, and the result is hesitation instead of confidence.

NovaTrend Pro solves this by combining seven powerful analytical modules into a single, lightweight indicator. It provides trend-following tools, momentum-based candle coloring, adaptive trailing systems, reversal detection, dynamic support and resistance, and crossover signals — all from one chart window with one set of inputs. Whether you scalp the one-minute chart or swing trade the daily, NovaTrend Pro adapts to your style.

This guide covers every feature in detail, helping you configure the tool for your specific trading approach.

Part 1: Getting Started

Installation:

• Purchase or download NovaTrend Pro from the MQL5 Market
• Copy NovaTrend_Pro.ex5 to your MQL5/Indicators folder
• Restart MetaTrader 5 or click "Refresh" in the Navigator panel
• Drag the indicator onto any chart
• Adjust the input parameters to enable or disable the modules you need

Interface Overview

When loaded, NovaTrend Pro displays its active modules directly on the price chart. Each module can be individually toggled on or off through the input settings, so you only see what you need. The indicator uses color-coded lines, arrows, and candle coloring to communicate trend state, signals, and key levels at a glance.

Module	Visual Element	Purpose
SuperTrend	Color-changing line (Blue/Red)	Primary trend direction with buy/sell arrows
Smart Trail	Dual color line + Fibonacci dotted line	Adaptive trailing stop with Fibonacci extension
Range Filter	Thick color line (Green/Red/Gray)	Noise-filtered trend detection
SuperIchi	Tenkan, Kijun, Senkou A/B lines + crossover arrows	Enhanced Ichimoku-style cloud and crossover signals
TBO (Trend Breakout)	Triangle arrows (Green up / Magenta down)	EMA crossover breakout signals
Reversal Signals	Up/Down arrows (Blue/Orange)	Momentum reversal detection
Reversal Cloud	Three upper + three lower dotted band lines	Adaptive volatility bands for reversal zones
TP Points	Cross markers above/below candles	Potential take-profit / exhaustion points
PSAR	Colored dots (Green/Red)	Parabolic SAR trend confirmation
Trend Tracker (HA)	Invisible smoothed bands (for confluence)	Heikin-Ashi based trend smoothing
Candle Coloring	7-color candle system (Lime to Crimson)	MACD-based momentum visualization
Support/Resistance	Horizontal lines (Green = support, Red = resistance)	Automatic pivot-based S/R level detection

Part 2: Main Settings

The Main Settings group controls which modules are active and sets the overall sensitivity of the indicator.

Sensitivity

This is the most important parameter in NovaTrend Pro. It controls the SuperTrend calculation and directly affects how closely the trend line follows price. Lower values make the SuperTrend more sensitive and closer to price, producing more frequent signals. Higher values create a wider band that filters out noise but reacts more slowly to trend changes.

Example: On EURUSD H1, a Sensitivity of 3.0 will give you tight, responsive signals ideal for active trading. A Sensitivity of 8.0 gives wider signals better suited for swing trading on higher timeframes.

Module Toggles

Each toggle enables or disables the corresponding module. By default, the most commonly used modules are enabled. You can turn off any module you do not need to keep the chart clean and reduce visual noise.

Tip: Start with the default settings and disable modules one at a time until you find the combination that matches your trading style. There is no performance penalty for keeping unused modules disabled.

Part 3: SuperTrend

The SuperTrend is the core trend-following component of NovaTrend Pro. It draws a color-changing line on the chart: blue when the trend is bullish and red when the trend is bearish.

How to Read It

• Blue line below price: Bullish trend — look for long entries
• Red line above price: Bearish trend — look for short entries
• Green arrow: Buy signal appears when price crosses above the SuperTrend with price above the 13-period moving average
• Red arrow: Sell signal appears when price crosses below the SuperTrend with price below the 13-period moving average

The buy and sell arrows appear only on the most recent candle to keep the chart clean and focus your attention on actionable signals.

Example: On XAUUSD M15, when the SuperTrend flips from red to blue and a green arrow appears, it signals a potential long entry. Use the Smart Trail as your trailing stop level.

Part 4: Smart Trail

The Smart Trail is an adaptive trailing stop system that adjusts dynamically to market volatility. It draws two lines: a solid trail line and a dotted Fibonacci extension line.

Smart Trail Settings

ATR Period determines how many bars are used to measure volatility. Shorter periods react faster to volatility changes; longer periods provide smoother readings.

ATR Factor acts as a multiplier for the trail distance. Higher values place the trail further from price, giving trades more room to breathe. Lower values produce a tighter trail.

Modified Trail Type enables an enhanced volatility calculation that reduces whipsaws during gap scenarios and sudden spikes. When set to true, the trail adapts more intelligently to unusual price behavior. Set to false for standard True Range calculations.

How to Read It

• Blue solid line: Bullish trailing stop — place your stop-loss near this level during longs
• Red solid line: Bearish trailing stop — place your stop-loss near this level during shorts
• Dotted Fibonacci line: Represents a 78.6% retracement between the extreme price and the trail. Use it as an intermediate target or tighter trailing reference

Example: You enter a long trade on GBPUSD H1 when the Smart Trail turns blue. The solid blue line is at 1.2650 — this is your trailing stop. The dotted Fibonacci line at 1.2680 gives you a tighter risk reference. As price moves up, both lines follow.

Part 5: Range Filter

The Range Filter provides noise-filtered trend detection by smoothing out insignificant price movements. It draws a thick color-coded line on the chart.

How to Read It

• Green line: Uptrend confirmed — price is moving meaningfully higher
• Red line: Downtrend confirmed — price is moving meaningfully lower
• Gray line: Neutral / no clear direction

The Range Filter excels at filtering out sideways chop. When the line is flat and gray, it signals that there is no tradeable trend. When it turns green or red, it means price has moved enough to establish a clear direction.

Tip: Combine the Range Filter direction with SuperTrend signals. When both agree (e.g., SuperTrend is blue AND Range Filter is green), the probability of a sustained trend move increases significantly.

Part 6: SuperIchi

SuperIchi is an enhanced Ichimoku-style system that uses adaptive calculations instead of fixed lookback periods. It displays Tenkan, Kijun, Senkou A, and Senkou B lines, along with crossover signals.

SuperIchi Settings

Length parameters control the lookback window for each component. Multiplier parameters control the sensitivity of each line to volatility changes. Higher multipliers produce wider, smoother lines; lower multipliers produce tighter, more responsive lines.

How to Read It

• Tenkan (Blue line): Fast signal line — reacts quickly to price changes
• Kijun (Orange-Red line): Slow base line — acts as dynamic support/resistance
• Senkou A and Senkou B (Dotted lines): Form the cloud — when A is above B the cloud is bullish, when B is above A the cloud is bearish
• Blue circle arrow: Tenkan crosses above Kijun — bullish crossover signal
• Orange circle arrow: Tenkan crosses below Kijun — bearish crossover signal

Example: When the Tenkan crosses above the Kijun and price is above the cloud, this is a strong bullish confluence. Combine this with a green Range Filter for additional confirmation.

Part 7: TBO (Trend Breakout)

TBO uses a dual-EMA crossover system to identify trend breakout moments. It displays triangle arrows on the chart when crossovers occur.

TBO Settings

TBO Fast EMA is the shorter-period moving average. TBO Medium EMA is the longer-period average. When the fast EMA crosses above the medium EMA, a green upward triangle appears. When it crosses below, a magenta downward triangle appears.

How to Read It

• Green triangle below price: Bullish breakout — fast EMA crossed above medium EMA
• Magenta triangle above price: Bearish breakout — fast EMA crossed below medium EMA

Tip: TBO signals work best as confirmation. When a TBO long signal aligns with a SuperTrend buy arrow and a green Range Filter, the confluence is strong.

Part 8: Reversal Signals

Reversal Signals detect momentum exhaustion points where the market may be about to reverse direction. They appear as colored arrows on the chart.

Reversal Settings

Reversals Sensitivity controls the lookback period for the momentum calculation. Higher values produce fewer, more reliable signals. Lower values produce more frequent signals.

Reversal Down Level sets the threshold for bearish reversals. When momentum drops below this level from above, a down arrow appears. Reversal Up Level sets the threshold for bullish reversals. When momentum rises above this level from below, an up arrow appears.

How to Read It

• Blue up arrow: Bullish reversal — momentum was oversold and is now recovering
• Orange down arrow: Bearish reversal — momentum was overbought and is now declining

Example: A blue up arrow appears on XAUUSD at a key support level while the Range Filter is still green. This suggests the pullback may be ending and the uptrend is about to resume.

Part 9: Reversal Cloud

The Reversal Cloud plots three pairs of adaptive volatility bands around price, creating a layered zone system for identifying potential reversal areas.

Reversal Cloud Settings

Band Length controls the adaptive smoothing period. Higher values produce smoother, slower-reacting bands. Lower values make the bands more responsive.

The three deviation levels create three concentric zones:

• Frontrun Band (Deviation 9): The innermost band — early warning zone. Price reaching this level may start to reverse
• Initial Band (Deviation 11): The middle band — standard reversal zone. Most reversals occur in this area
• Final Band (Deviation 14): The outermost band — extreme zone. Price reaching this level is stretched and a reversal is highly probable

Upper bands appear as maroon dotted lines; lower bands appear as teal dotted lines.

Example: Price on BTCUSD H4 is pushing into the upper Initial Band (Deviation 11) while an orange Reversal Signal arrow appears. This double confluence at the band edge is a strong short signal.

Part 10: TP Points

TP Points (Take Profit Points) mark potential exhaustion points on the chart where trends may stall or reverse. They appear as small cross markers.

How to Read It

• Cross marker above a candle: Potential sell-side exhaustion — consider taking profit on longs or watching for a short setup
• Cross marker below a candle: Potential buy-side exhaustion — consider taking profit on shorts or watching for a long setup

TP Points are not entry signals. They are designed to help you manage open positions by highlighting moments when the current move may be losing steam.

Tip: If you are in a profitable long trade and a TP cross appears above the candle, consider tightening your stop or taking partial profits.

Part 11: PSAR (Parabolic SAR)

The built-in Parabolic SAR provides an additional trend confirmation layer using colored dots.

How to Read It

• Green dots below price: Bullish — the SAR supports an uptrend
• Red dots above price: Bearish — the SAR supports a downtrend

PSAR is disabled by default. Enable it when you want an additional trailing stop reference or trend confirmation tool.

Part 12: MACD Candle Coloring

The Candle Coloring module paints each candle with one of seven colors based on momentum strength, giving you an instant visual read of how strong the current trend is.

MACD Candle Color Settings

Color Guide:

Color	Meaning	Momentum State
Lime	Strong Bullish	Accelerating upward momentum across multiple bars
Green	Bullish	Growing upward momentum
Dark Green	Mild Bullish	Positive but slowing momentum
Purple	Neutral / Transition	No clear momentum direction
Dark Red	Mild Bearish	Negative but weak momentum
Red	Bearish	Growing downward momentum
Crimson	Strong Bearish	Accelerating downward momentum across multiple bars

Tip: When candles shift from Lime/Green to Purple or Dark Green, it is an early warning that bullish momentum is fading — even before the SuperTrend changes color.

Part 13: Support and Resistance

The S/R module automatically detects and draws horizontal support and resistance levels on the chart based on historical pivot points.

S/R Settings

S/R Strength controls how many times a level must be tested to qualify as a valid support or resistance zone. Higher values show fewer but stronger levels. Lower values show more levels including weaker ones.

S/R Lookback Period determines how far back the indicator searches for pivot points. A value of 284 looks back approximately one year on the daily chart.

How to Read It

• Green horizontal line: Support level — price is currently above this level
• Red horizontal line: Resistance level — price is currently below this level

Lines are recalculated on the most recent bar, so they update in real time as new data comes in.

Example: Price approaches a red resistance line at 1950.00 on XAUUSD while the Reversal Cloud upper band is nearby and candles are turning Purple. This triple confluence suggests the resistance may hold.

Part 14: Configuration Recommendations

Forex Scalping (M1-M15)

For scalping, use a low Sensitivity value and keep only the fastest modules active. The SuperTrend, Smart Trail, Range Filter, and Candle Coloring give you everything you need for quick entries and exits without chart clutter.

Forex Swing Trading (H1-D1)

For swing trading, use higher Sensitivity to filter noise and enable more modules for comprehensive analysis. The SuperIchi cloud, TBO signals, and Reversal Cloud bands provide the confluence needed for higher-timeframe decisions.

Gold / XAUUSD (M15-H4)

Gold is volatile and trending, making it ideal for the full NovaTrend Pro suite. The default settings work well. TP Points are especially useful on gold to catch exhaustion points during strong moves.

Crypto (H1-D1)

Crypto markets are highly volatile. Increase the ATR Factor and Band Length slightly to avoid false signals during extreme moves. The wider Smart Trail gives your positions room to survive typical crypto volatility.

Part 15: Multi-Module Confluence Strategies

The real power of NovaTrend Pro comes from combining multiple modules for high-probability trade setups. Here are some proven confluence combinations:

Strong Trend Entry

• SuperTrend buy/sell arrow appears
• Range Filter agrees (same color direction)
• Candle Coloring shows Lime or Green (for longs) or Crimson or Red (for shorts)
• Use Smart Trail as your stop-loss level

Reversal Trade

• Price reaches Reversal Cloud outer bands
• Reversal Signal arrow appears
• TP Point marker confirms exhaustion
• Candle color shifts to Purple (transition)

Breakout Confirmation

• TBO triangle signal appears
• SuperIchi Tenkan/Kijun crossover in the same direction
• Price breaks through a Support/Resistance level
• Range Filter changes color to match the breakout direction

Conclusion

NovaTrend Pro provides a professional-grade, all-in-one technical analysis suite for MetaTrader 5 traders:

• SuperTrend + Smart Trail — Precise trend following with adaptive trailing stops and Fibonacci references
• Range Filter — Noise elimination to keep you on the right side of the trend
• SuperIchi + TBO — Multi-layered crossover and cloud systems for deep trend analysis
• Reversal Cloud + Reversal Signals + TP Points — Comprehensive reversal detection from momentum exhaustion to volatility extremes
• MACD Candle Coloring — Instant visual momentum assessment with a 7-color gradient system
• Support/Resistance — Automatic pivot-based level detection that updates in real time

The key to success is matching the configuration to your trading style. Start with the default settings, master the interface on a demo account, then gradually customize as you develop your edge. Use module toggles to keep your chart clean and focused on what matters to you.

Need Help?

Join our MQL5 community group for support, updates, and discussions with other users.

More Products

Click here to explore my other products for MetaTrader 5.