Supertrend Fakeout MT4

4.33
Special offer: ALL TOOLS, just $35 each!

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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 MT5 version at: Supertrend Fakeout MT5

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 6
Pandora303
155
Pandora303 2026.07.06 09:38 
 

Super

Sekav Ikyernum
487
Sekav Ikyernum 2025.06.02 11:52 
 

It shows you the important areas of trade-action.

orlan2b
74
orlan2b 2025.02.05 16:52 
 

¡ Excelente indicador lo recomiendo 100%, Solo es cuestion de ajustarlo a los parametros mas indicados para las Operativas y da buenos resultados !!!

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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 Let's start with the outstanding features: The EA is equipped with a NEWS FILTER and an RSI FILTER. Low risk (some currency pairs have a DrawDown of <10%, even 5%). This EA does not use any martingale or grid functions. The EA can display visual zones for manual trading if desired. First
Filter:
Pandora303
155
Pandora303 2026.07.06 09:38 
 

Super

hiroko ogino
26
hiroko ogino 2026.05.05 13:45 
 

GOOD

515214
144
515214 2025.06.06 08:07 
 

sehr hilfreich bin sehr zufrieden! hätte aber noch gerne etwas mehr Details zu den Einstellungen um die Trends noch sicherer zu machen. Vielen Dank an den Entwickler

Sekav Ikyernum
487
Sekav Ikyernum 2025.06.02 11:52 
 

It shows you the important areas of trade-action.

Hendrikus Pelgrim
1202
Hendrikus Pelgrim 2025.03.25 12:09 
 

good

orlan2b
74
orlan2b 2025.02.05 16:52 
 

¡ Excelente indicador lo recomiendo 100%, Solo es cuestion de ajustarlo a los parametros mas indicados para las Operativas y da buenos resultados !!!

Duc Hoan Nguyen
69371
Reply from developer Duc Hoan Nguyen 2025.02.10 09:35
Obrigado pela sua avaliação!
Fico feliz em saber que o indicador foi útil para você.
Desejamos a você negociações bem-sucedidas!
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