Supertrend Fakeout MT5

5
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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:

  1. 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.

  2. 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

  1. 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.

  2. Enhance Trading Efficiency:
    With more reliable trend signals, you can optimize your trading strategies and maximize profits.

  3. High Customization:
    Flexible parameters allow traders to adapt the indicator to their unique trading styles.


Reviews 8
Svorl
94
Svorl 2026.02.12 12:10 
 

Достойный!

Benjamin Afedzie
4041
Benjamin Afedzie 2025.06.10 19:28 
 

great product

James Erasmus
3235
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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This product was   updated   for the   2026 market   and   optimized   for the   latest MT5 builds . PRICE UPDATEe NOTICE: Smart Price Action Concepts   is currently available for $200. The price will   increase to $299   after the next   30 purchases. SPECIAL OFFER:  After purchasing , send me a private message to claim FREE Bonus + Gift. First of all Its worth emphasizing here that this Trading Tool is Non Repainting , Non Redrawing and Non Lagging Indicator , Which makes it ideal for profe
Reversion King Indicator
Eugen-alexandru Zibileanu
5 (5)
Indicators
A new King in town - Indicator + Order management indications(tp1+tp2+tp3) + Optional Telegram Signal sender   INCLUDED (FREE) ( FULL TRADING  and SIGNAL SYSTEM ) Our best EA for Gold: Gold Slayer  This indicator includes an advanced Strategy, a trading system with customisable order management and a mean reversion system that combines envelope extensions, backed by multiple intelligent confirmation filters like RSI to catch high probability reversal entries with BUY and SELL signals . The indi
IX Power MT5
Daniel Stein
4.92 (13)
Indicators
IX Power: Unlock Market Insights for Indices, Commodities, Cryptos, and Forex Overview IX Power is a versatile tool designed to analyze the strength of indices, commodities, cryptocurrencies, and forex symbols. While FX Power offers the highest precision for forex pairs by leveraging all available currency pair data, IX Power focuses exclusively on the underlying symbol’s market data. This makes IX Power an excellent choice for non-forex markets and a reliable option for forex charts when deta
Quant Direction MT5
Georgios Kalomoiropoulos
Indicators
Quant Direction is a 3 dimensional market analysis tool. It provides a purely objective, algorithmic view of the market by calculating exact percentage-based biases across multiple dimensions simultaneously. Developed utilizing advanced AI modeling tools and subjected to thorough testing, this algorithm is engineered to read the market with unique precision. It can analyze any currency pair or financial instrument available on your platform.  Quant Direction is the ideal tool whether you are a S
Market Reversal Alerts MT5
Lee Samson
4.43 (21)
Indicators
Profit from market structure changes as price reverses and pulls back. The Market Reversal Alerts indicator identifies when a trend or extended price move is approaching exhaustion, alerts you the moment market structure shifts, and confirms the entry when price re-tests the reversal zone, so you trade defined areas instead of guesses. How it works As price forms new highs or lows near potential exhaustion points, the indicator identifies the breakout and momentum, then draws a rectangle on the
Btmm state engine pro
Garry James Goodchild
5 (4)
Indicators
BTMM State Engine Pro is a MetaTrader 5 indicator for traders who use the Beat The Market Maker approach: Asian session context, kill zone timing, level progression, peak formation detection, and a multi-pair scanner from a single chart. It combines cycle state logic with a built-in scanner dashboard so you do not need the same tool on many charts at once. What it does Draws the Asian session range; session times can follow broker server offset or be set in inputs. Tracks level progression (L
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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 the ever-changing landscape of financial trading, accurately identifying and analyzing support and resistance levels is essential for making informed investment decisions. SnR Retest and Break Multi-Timeframe is a support and resistance indicator designed to enhance your trading analy
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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 Zero Lag MA Trend Levels MT5 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 tra
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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 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 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
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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 Unlock the power of advanced machine learning with the Machine Learning Adaptive SuperTrend , a cutting-edge indicator designed to seamlessly adapt to changing market conditions. By integrating k-means clustering with the SuperTrend methodology, this indicator enables precise trend ident
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Svorl
94
Svorl 2026.02.12 12:10 
 

Достойный!

Ivan Privalov
717
Ivan Privalov 2026.02.02 17:57 
 

User didn't leave any comment to the rating

Mousetrap
138
Mousetrap 2025.07.09 07:14 
 

User didn't leave any comment to the rating

Lydia Kwarteng
2219
Lydia Kwarteng 2025.06.12 07:48 
 

User didn't leave any comment to the rating

Benjamin Afedzie
4041
Benjamin Afedzie 2025.06.10 19:28 
 

great product

DropStacker
70
DropStacker 2025.04.17 16:34 
 

User didn't leave any comment to the rating

James Erasmus
3235
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

Evgenii Savinov
1573
Evgenii Savinov 2024.12.31 22:52 
 

Визуально не плохо

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