SuperTrend Simple

The SuperTrend indicator is a trend-following technical tool that visually highlights trend reversals in the market. The color and position of its lines change automatically based on price movements, supporting both entry and exit decisions. With a simple design, it can be used in a wide range of trading styles, including discretionary and automated trading.

Main Features

  • Clear display of trend reversals
    During uptrends, the line is drawn below the candlesticks; during downtrends, it is drawn above. This makes it intuitive to identify trend direction and reversal points.
  • Easy identification of transitions from range to trend
    Helps capture the beginning of new trends and range breakouts.
  • Flexible parameter adjustment
    By adjusting the ATR period and Multiplier, the indicator can be optimized for different currency pairs, CFDs, and timeframes.
  • Versatile use
    Suitable for both manual and automated trading, providing clear signals to support trade decisions.

Calculation Logic

  • Calculates the Average True Range (ATR) for a specified period.
  • Draws a lower line in uptrends and an upper line in downtrends.
  • Uptrend line: (Highest High + Lowest Low) / 2 minus ATR × Multiplier.
  • Downtrend line: (Highest High + Lowest Low) / 2 plus ATR × Multiplier.
  • When the closing price crosses these lines, the trend direction switches, and the line color is inverted.

Main Use Cases

  • Supporting entries during trend emergence
  • Identifying range breakouts
  • Providing guidelines for stop loss and trailing stop placement
  • Combining with other indicators or oscillators for additional filtering

Parameters

Parameter Description Default
Nbr_Periods ATR calculation period 14
Multiplier Multiplier applied to ATR 3.0

*Parameters can be adjusted freely. For highly volatile instruments, increasing the Multiplier creates a smoother line with less noise.

Recommended Settings & Notes

  • This indicator can be used on any timeframe or currency pair, but it is recommended to adjust the parameters based on the instrument's characteristics and market volatility.
  • Signal reversals can indicate trend changes, but using this indicator in combination with other technical tools or price action strategies may improve reliability.

Summary

The SuperTrend indicator is a simple yet effective tool for trend detection, suitable for both discretionary and automated trading. It helps clarify market trends visually and can serve as a foundation for various trading strategies.

This indicator is developed and introduced by TOKYO-EA. If you are interested in other tools or information, please search for "TOKYO-EA".

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Apollo Pips Generator  is a channel based indicator which provides entry signals in the direction of the trend. The indicator provides multiple entry points so you can always find a trading opportunity to profit on. The tool also provides you with clear exit signals in a form of stars. ALL SIGNALS DO NOT REPAINT! The indicator can be used with any forex pair and time frame. The indicator provides all types of alerts including PUSH notifications. PLEASE CONTACT ME AFTER PURCHASE TO GET TRADING IN
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Samil Bozuyuk
5 (1)
Indicators
All in One package includes the  Oscillator Predictor ,  MACD Predictor ,  Thrust Scanner  and  Advanced Fibonacci  indicators which are mandatory for applying  Dinapoli  trade plans.  Please visit below links for detailed explanations of indicators. Advanced Fibonacci Indicator =>  https://www.mql5.com/en/market/product/52834 Thrust Scanner Indicator => https://www.mql5.com/en/market/product/52830 Overbought /Oversold Predictor indicator => https://www.mql5.com/en/market/product/52621 Macd P
Obsidian Scalper PRO MT4
Evgenii Sutulov
Indicators
An arrow tells you to buy. Obsidian Scalper Pro tells you where to buy, where the stop goes, where the three targets are, how big the position should be for your risk, and how good the setup is out of 100. Every signal arrives as a finished trade plan drawn on the chart, and a built in statistics window shows the honest result of the last hundred of them, win rate with a confidence interval and all. Every decision is made on a closed bar, so the history you are looking at is the history you woul
GoldRush Trend Arrow Signal
Kirk Lee Holloway
5 (2)
Indicators
GoldRush Trend Arrow Signal V1.6 The GoldRush Trend Arrow Signal indicator V1.6 continues to provide precise, real-time trend analysis tailored for high-speed, short-term scalpers in XAU/USD , but it now has additional features and improved efficiency and reliability. Built specifically for the 1-minute time frame, this tool displays directional arrows for clear entry points, allowing scalpers to navigate volatile market conditions with confidence. The indicator consists of PRIMARY and SECONDARY
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Etsushi Ishizuka
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Etsushi Ishizuka
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ExportRange is a utility script designed to export candle range data from any selected timeframe into a CSV file. It collects the high, low, and range values of each bar, along with the bar time and index. The script helps traders who need simple and reliable data for statistical or volatility analysis. When the script is applied to a chart, it extracts the specified number of bars and saves the output in CSV format inside the terminal’s Files directory. Both the number of bars and the timeframe
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OvertradeShield
Etsushi Ishizuka
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