CodeBaseSections
Watch how to download trading robots for free
Find us on Facebook!
Join our fan page
Interesting script?
So post a link to it -
let others appraise it
You liked the script? Try it in the MetaTrader 5 terminal
to pocket
Indicators

Supertrend MTF Indicator - indicator for MetaTrader 4

Dragan Joksimovic
Dragan Joksimovic

Dragan Joksimovic

MQL4 / MQL5 Expert Advisor and Indicator Developer
I develop and test Expert Advisors, indicators and trading utilities for MetaTrader 4 and MetaTrader 5 based on clearly defined trading rules.
My work includes:
• Expert Advisors for MT4 and MT5
• Custom indicators
2 codes
Views:
83
Rating:
(1)
Published:
Download as ZIP How to download code from MetaEditor
MQL5 Freelance Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Supertrend MTF Indicator is a free multi-timeframe trend indicator for MetaTrader 4.

The indicator displays bullish and bearish trend conditions directly on the chart using colored Supertrend lines and signal arrows.

Main features:

  • Multi-timeframe trend analysis
  • Bullish and bearish Supertrend visualization Supertrend MTF on GOLD M5
  • Buy and Sell signal arrows
  • Works with Forex, Gold, indices and other MT4 instruments
  • Can be used on different chart timeframes
  • Suitable for manual trend confirmation and entry/exit analysis
  • Adjustable indicator parameters

The indicator is intended for visual analysis and does not open or manage trades automatically.

An Expert Advisor based on the same Supertrend MTF trading concept has also been developed and is available in the MQL5 Market.

The EA version is intended for traders who prefer automated execution, while this free source-code indicator can be used for manual analysis, education and further development.

Always test any trading tool on a demo account before using it in live trading.


H1 Container MTF Boxes H1 Container MTF Boxes

Visual MT4 indicator that draws the current or selected H1 range and nested M30, M15, M5 and M1 boxes. An EA based on this logic is in development.

Quantora Trade Manager MT4 - Professional Position Management Utility Quantora Trade Manager MT4 - Professional Position Management Utility

Professional open-source trade management utility for MetaTrader 4. Automatically applies Stop Loss, Take Profit, Break Even and Trailing Stop while providing a modern dashboard for efficient position management.

Three Colors Three Colors

Example: Moving Average indicator filling by different colors

MACD Sample MACD Sample

Classical MACD Sample.