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Supertrend Fakeout MT5

FREE

Published: 10 December 2024

Current version: 1.0

Supertrend Fakeout MT5

Indicators
Duc Hoan Nguyen
Duc Hoan Nguyen
Viet Nam

65851
4.8 (210)
- https://t.me/dh99trading
->| I am a dedicated developer and programmer specializing in MQL4, MQL5, and Pine Script for TradingView, with a strong track record of success in building high-performing, tailored solutions for MT4, MT5, and TradingView platforms. Over the years, I have worked extensively within the financial and

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Version: 1.0

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New tools will be $30 for the first week or the first 3 purchases!

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The Supertrend Fakeout Indicator is an enhanced version of the classic Supertrend indicator, designed to deliver more reliable trend signals. By incorporating advanced features like the Fakeout Index Limit and Fakeout ATR Mult, this indicator helps to filter out false trend reversals caused by short-term price fluctuations or market noise.

See more MT4 version at: Supertrend Fakeout MT4

See more products at: All Products

How It Works

The Supertrend Fakeout Indicator operates based on the Average True Range (ATR) and a multiplier to identify trends.

When the price is above the Supertrend line, it signals an uptrend.
When the price is below the Supertrend line, it signals a downtrend.

This enhanced version goes a step further by adding these critical checks before confirming a trend reversal:

Price Distance Check from the Supertrend Line
- The indicator monitors whether the price moves a distance equal to Fakeout ATR Mult x ATR away from the Supertrend line after a potential breach.
- This ensures that the trend change is significant and not just a minor fluctuation.
Monitoring Price Action Over a Fixed Number of Bars
- Controlled by the Fakeout Index Limit, this feature ensures the price remains below the Supertrend line (for a downtrend) or above it (for an uptrend) for a specific number of bars before confirming the trend reversal.

Input Parameters

Easily customizable settings to suit your trading strategy:

ATR Length: 14
ATR Multiplier: 3
Fakeout Index Limit: 5
Fakeout ATR Mult: 1.5
Fakeout Type: Choose the breakout type (High/Low or Close)

Key Features

Color-Coded Signals:
- Bullish trends are marked in green.
- Bearish trends are marked in red.
Built-In Alert System:
- On-screen notifications: Receive instant alerts directly on your platform.
- Email notifications: Stay informed even when away from your desk.
- Custom sound alerts: Supports personalized sound files for notifications.
- Push notifications: Connect effortlessly to your mobile or other devices.

Benefits of Using the Supertrend Fakeout Indicator

Reduce False Signals:
The filtering mechanism, based on Fakeout ATR Mult and Fakeout Index Limit, minimizes the impact of market noise and false trend reversals.
Enhance Trading Efficiency:
With more reliable trend signals, you can optimize your trading strategies and maximize profits.
High Customization:
Flexible parameters allow traders to adapt the indicator to their unique trading styles.

more...

Svorl 2026.02.12 12:10 #

Достойный!

3941

Benjamin Afedzie 2025.06.10 19:28 #

great product

3197

James Erasmus 2025.01.25 11:55 #

Very good product and support. Works with no major issues, slight variance in results with tester vs real time, but overall great product for traders

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Special offer : ALL TOOLS , just $35 each! New tools will be $30 for the first week or the first 3 purchases ! Trading Tools Channel on MQL5 : Join my MQL5 channel to update the latest news from me The Three Bar Reversal Pattern Indicator offers a powerful tool for traders, automatically identifying and highlighting three-bar reversal patterns directly on the price chart. This indicator serves as a valuable resource for detecting potential trend reversals and enables users to refin

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Special offer : ALL TOOLS , just $35 each! New tools will be $30 for the first week or the first 3 purchases ! Trading Tools Channel on MQL5 : Join my MQL5 channel to update the latest news from me In today's volatile financial trading landscape, accurately identifying support and resistance levels is crucial for traders to make informed decisions. Predictive Ranges Scanner Multi-TF is an advanced tool designed to assist traders in scanning and predicting future trading ranges acro

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Special offer : ALL TOOLS , just $35 each! New tools will be $30 for the first week or the first 3 purchases ! Trading Tools Channel on MQL5 : Join my MQL5 channel to update the latest news from me The Three Bar Reversal Pattern Indicator offers a powerful tool for traders, automatically identifying and highlighting three-bar reversal patterns directly on the price chart. This indicator serves as a valuable resource for detecting potential trend reversals and enables users to refin

35 USD

Special offer : ALL TOOLS , just $35 each! New tools will be $30 for the first week or the first 3 purchases ! Trading Tools Channel on MQL5 : Join my MQL5 channel to update the latest news from me The Zero Lag MA Trend Levels with Scanner indicator combines the Zero-Lag Moving Average (ZLMA) with a standard Exponential Moving Average (EMA) to provide traders with a comprehensive view of market momentum and key price levels. In addition, the scanner and alert features allow traders

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Special offer : ALL TOOLS , just $35 each! New tools will be $30 for the first week or the first 3 purchases ! Trading Tools Channel on MQL5 : Join my MQL5 channel to update the latest news from me In today's volatile financial trading landscape, accurately identifying support and resistance levels is crucial for traders to make informed decisions. Predictive Ranges Scanner Multi-TF is an advanced tool designed to assist traders in scanning and predicting future trading ranges acro

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Special offer : ALL TOOLS , just $35 each! New tools will be $30 for the first week or the first 3 purchases ! Trading Tools Channel on MQL5 : Join my MQL5 channel to update the latest news from me Introducing the revolutionary RSI Kernel Optimized with Scanner for MT5 , a cutting-edge tool that redefines traditional RSI analysis by integrating the powerful Kernel Density Estimation (KDE) algorithm. This advanced indicator not only provides real-time insights into market trends but

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Special offer : ALL TOOLS , just $35 each! New tools will be $30 for the first week or the first 3 purchases ! Trading Tools Channel on MQL5 : Join my MQL5 channel to update the latest news from me Volumatic VIDYA (Variable Index Dynamic Average) is an advanced indicator designed to track trends and analyze buy-sell pressure within each phase of a trend. By utilizing the Variable Index Dynamic Average as a core dynamic smoothing technique, this tool provides critical insights into

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Special offer : ALL TOOLS , just $35 each! New tools will be $30 for the first week or the first 3 purchases ! Trading Tools Channel on MQL5 : Join my MQL5 channel to update the latest news from me The Volumetric Order Blocks Multi Timeframe indicator is a powerful tool designed for traders who seek deeper insights into market behavior by identifying key price areas where significant market participants accumulate orders. These areas, known as Volumetric Order Blocks, can serve as

35 USD

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Special offer : ALL TOOLS , just $35 each! New tools will be $30 for the first week or the first 3 purchases ! Trading Tools Channel on MQL5 : Join my MQL5 channel to update the latest news from me Introducing the SuperTrend by Kivanc Ozbilgic with Scanner – a versatile and powerful tool designed to help you stay ahead of market trends, complete with customizable features and real-time alerts. You can adjust the ATR calculation method between RMA (Relative Moving Average) and SMA

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Special offer : ALL TOOLS , just $35 each! New tools will be $30 for the first week or the first 3 purchases ! Trading Tools Channel on MQL5 : Join my MQL5 channel to update the latest news from me Overview OA SnR Power is a powerful tool designed for traders to identify and assess the strength of support and resistance levels. By incorporating key factors such as trading volume, rebound frequency, and retest count, this indicator provides a comprehensive view of critical price zo

FREE

Special offer : ALL TOOLS , just $35 each! New tools will be $30 for the first week or the first 3 purchases ! Trading Tools Channel on MQL5 : Join my MQL5 channel to update the latest news from me The AI Channels Indicator utilizes rolling K-means clustering —a powerful machine learning technique in clustering analysis—to deliver real-time insights into underlying price trends. This indicator creates adaptive channels based on clustered price data, enabling traders to make informe

FREE

Special offer : ALL TOOLS , just $35 each! New tools will be $30 for the first week or the first 3 purchases ! Trading Tools Channel on MQL5 : Join my MQL5 channel to update the latest news from me Introducing the revolutionary RSI Kernel Optimized with Scanner , a cutting-edge tool that redefines traditional RSI analysis by integrating the powerful Kernel Density Estimation (KDE) algorithm. This advanced indicator not only provides real-time insights into market trends but also in

35 USD

Filter:

Svorl 2026.02.12 12:10 #

Достойный!

625

Ivan Privalov 2026.02.02 17:57 #

User didn't leave any comment to the rating

138

Mousetrap 2025.07.09 07:14 #

User didn't leave any comment to the rating

2220

Lydia Kwarteng 2025.06.12 07:48 #

User didn't leave any comment to the rating

3941

Benjamin Afedzie 2025.06.10 19:28 #

great product

DropStacker 2025.04.17 16:34 #

User didn't leave any comment to the rating

3197

James Erasmus 2025.01.25 11:55 #

Very good product and support. Works with no major issues, slight variance in results with tester vs real time, but overall great product for traders

1398

Evgenii Savinov 2024.12.31 22:52 #

Визуально не плохо

Supertrend Fakeout MT5

Duc Hoan Nguyen