Pro SuperTrends

  • Indicators
  • Pankaj Prasade
    Pankaj Prasade

    Pankaj Prasade

    • Trader and analyst at  Trading
    • India
    • 2184
    5 (3)
    An independent Market analyst.
    Specialise in developing Metatrader 4 based trading strategies.
    Have trained new traders on trading different asset classes (Forex/ Commodities/ F&O).
    Have developed MS Excel based analysis models to trade derivatives - Futures and Options.
    4 products
  • Version: 1.1
  • Activations: 5

Dear traders!

This indicator automatically plots SuperTrends across 3 timeframes.

SuperTrend is a trend following indicator. However, it is not much useful on single timeframe, as that gives many whipsaws.

Professionals analysis across multi timeframes before taking trades. This adds confluence to trade setups.For the same purpose, Pro SuperTrends shows trend (or absence of trend) on 3 timeframes.

Our trading odds improve, when positions are aligned with higher timeframes. Further, SuperTrends also act as Supports and Resistances. They add a lot of confluence to trading systems.

The indicator plots 3 SuperTrend lines.

SuperTrend 1: This plots for current timeframe.

SuperTrend 2 & 3: These 2 lines plot for higher timeframes.


SuperTrend 2: Here, we can chose either next higher timeframe or 2 timeframes higher.

E.g. Current timeframe: 1minute.

In Value field, by default, 1 timeframe higher. Thus, SuperTrend for 5 minute timeframe is shown. Here, if we select  2 timeframes higher.... SuperTrend for 15minute timeframe is shown. 


SuperTrend 3: Here, we can chose either 2 or 3 timeframes higher.

E.g. Current timeframe: 15minute.

In Value field, by default, 2 timeframe higher. Thus, SuperTrend for Hourly timeframe is shown. Here, if we select  3 timeframes higher.... SuperTrend for 4 Hour timeframe is shown. 


How to use the indicator?

- Support - resistance. These STs tend to act as Support- resistances, specially from higher timeframes. These can give us better Reward- risk for trade setups.

- Identifying market phases: Market is not trending all the time. There are times, it would be in uptrend/ downtrend, sometimes it would consolidate or just be choppy. When all STs are aligned in same direction, this gives insights into strength of the trend. When STs are mixed, market can be choppy.


Further, if you have any problems using the indicator or have any other questions, do not hesitate to contact us at the email address provided in the indicator.


About us:

We are a small team of professional traders with experience in forex- stock markets & software development. We have over 10 years experience and specialize in the development of MetaTrader4 indicators- expert advisors. We also develop MS Excel-based trading strategies for futures and options.


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TREND LINES PRO    helps understand where the market is truly changing direction. The indicator shows real trend reversals and points where major players re-enter. You see   BOS lines   Trend changes and key levels on higher timeframes — without complex settings or unnecessary noise. Signals don't repaint and remain on the chart after the bar closes. VERSION MT 5     -     Reveals its maximum potential when paired with the   RFI LEVELS PRO  indicator What the indicator shows: Real shifts   tren
Extreme Value Sniper MT4
Elmira Memish
Indicators
Extreme Value Sniper is a detrended price indicator  Indicator finds the potential reversal levels by checking value ranges and price cycles. MT5 Version of the product :  https://www.mql5.com/en/market/product/114550 It shows the overbought and oversold levels using the average range. Overbought Levels are between 4 and 10 Oversold levels are bewtween -4 and -10 Those levels can be used as a reversal levels. Extreme Value Sniper look for some special divergence and convergence patterns to c
SmartSignal
Pavel Krysanov
Indicators
For any trader, the result of market analysis is the correct identification of the market entry and exit points. The more correctly they are selected, the more profitable the trading. The SmartArrows indicator does not display any excessive information that may distract or confuse the trader, but only the mot important things. The indicator is very simple to use. When a down arrow appears, open a SELL trade, with an up arrow open BUY. Despite its seeming simplicity, the SmartArrows indicator con
Top Bottom Tracker MT4
Rodrigo Arana Garcia
Indicators
Top Bottom Tracker is an indicator based on sophisticated algorithms that analyse the market trend and can detect the highs and lows of the trend / MT5 version . The price will progressively increase until it reaches 500$. Next price --> $99 Features No repainting This indicator does not change its values when new data arrives Trading pairs All forex pairs Timeframe     All timeframes Parameters ==== Indicator configuration ==== Configuration parameter // 40 (The higher the value, the
Trend Catcher ind
Ramil Minniakhmetov
5 (11)
Indicators
TREND CATCHER INDICATOR Trend Catcher Indicator analyzes market price movements, using a combination of the author’s proprietary and customized adaptive trend-analysis indicators.  It identifies the true market direction by filtering out short-term noise and focusing on underlying momentum strength, volatility expansion, and price structure behavior.  It also uses a combination of smoothing and trend-filtering customized indicators such as moving averages, RSI, and volatility filters.   Real ope
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ProTick
Pankaj Prasade
5 (1)
Indicators
Hi Friends, This free indicator displays Tick chart on MetaTrader4 platform. Feel free to use it for Day trading or Scalping. Please give generous reviews and feedbacks for the product. All The Best! Note: When this indicator is initially applied to a chart, it will not show any output. Once price starts moving then Ticks will start getting displayed. Thus when markets are closed, it won't have fresh ticks to display. About us We are a small team of professional traders with experience in fore
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Anchored VWAP
Pankaj Prasade
Indicators
Dear traders! This indicator automatically displays multiple Anchored VWAPs (AVWAPs) on the chart. They   act as strong Supports or Resistances.  They add a lot of confluence to trading systems. As per feedbacks from users, we have incorporated BOTH AVWAPs in latest version. HL AVWAPs and  Time AVWAP. Let us understand about them in brief. In Inputs section, from Display Choice, user can select either or both of abovementioned AVWAPs. 1. HL AVWAPs  -  Anchor VWAP Bands from Swing High / Low, w
ProTradeSignals
Pankaj Prasade
5 (1)
Indicators
Dear traders, ProTradeSignals is a professional trading indicator. It performs Multi time frame analysis using Price- Volumes- Volatility. Main indicator alongwith its adaptive bands  helps in trading in different market conditions. Please refer to attached video for detailed information on the indicator. If you have any further queries, feel free to write to use. Thanks for showing interest in this indicator. About us: We are a small team of professional traders with experience in forex- s
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