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SuperTrend Scanner

This scanner shows the trend values of the well known indicator SuperTrend for up to 30 instruments and 8 time frames. You can get alerts via MT4, Email and Push-Notification as soon as the direction of the trend changes.


Important Information

How you can maximize the potential of the scanner, please read here: www.mql5.com/en/blogs/post/718074


You have many possibilities to use the scanner. Here are two examples:

  1. With this scanner you can trade a top-down approach easily. If two higher time frames e.g. W1 and D1 are already showing green values (upward trend) but the H4 time frame shows a red value (downward trend) then you can press the H4 button to get alerted when the value of the H4 time frame changes to green value. These signals can be good trend continuation entries.
  2. You can also use this scanner for entry signals into MACD divergences. E.g. a bullish divergence exist on H4 but the SuperTrend values of the time frames H4 and H1 are still showing red values, then you can get alerts in the moment when the H4 or H1 value changes to green. These signals can be good entries in direction of the divergence.

With the following FREE indicator you can see which values get alerted: SuperTrend Indicator


Parameters

  • SuperTrendATRPeriod: the period setting for the calculation of the SuperTrend
  • SuperTrendMultiplier: the multiplier setting for the calculation of the SuperTrend
  • alertsViaMT4: True = Yes, False = No - if true, then the indicator gives alerts via MetaTrader 4 popup
  • alertsViaEmail: True = Yes, False = No - if true, then the indicator gives alerts via email
  • alertsViaPush: True = Yes, False = No - if true, then the indicator gives alerts direct to your mobile phone
  • templateName: - if you press a button on the chart (which contains the name of an instrument), then the appropriate chart will open and a template with the specified name will be attached
  • checkEveryXSeconds - every X seconds, the indicator checks the next instrument/timeframe for the values of the SuperTrend
  • i1-i30 - define up to 30 instruments, which will be monitored/checked
Comentarios 15
Marvin
104
Marvin 2021.03.24 23:17 
 

This is the main indicator that I use in my trading. My strategy is to trade the 1st pullback after getting a signal and this gives a high win rate. Thanks for this great tool.

Bernardito Deogaygay
170
Bernardito Deogaygay 2020.06.15 15:01 
 

I have been using Supertrend indicator for quite a time. But it's a pain monitoring the 28 pairs for trend change. This scanner is fantastic. Will save me a lot of times. Excellent !!

teamsosfx
99
teamsosfx 2020.05.25 04:58 
 

Brilliant Tool, especially when combined with Free tool Super Trend

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️️️️️ You want to become a constantly profitable 5-star forex trader? ️️️️️ 1.  Read the basic description of our simple trading  system   &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase  to get your personal invitation to our exclusive trading chat FX Trend displays the trend direction, duration, intensity and the resulting trend rating for all time frames in real time. You'll see at a glance at which direction the trends are running, how long
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Advanced Dashboard for Currency Strength and Speed
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Bernhard Schweigert
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Renaud Candel
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Square of 9 for all
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Francesco Rubeo
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Ahmad Yani
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Michal Jurnik
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Ziheng Zhuang
This indicator shows the relative strength of 8 major currencies: USD, EUR, GBP, AUD, NZD, CAD, CHF and JPY. The strength value is normalized to the range 0-100: The value above 60 means strong. The value below 40 means weak.  This indicator needs the data of all 28 paris and 9 timeframes. Use the EA Downloadhistory28&9 to download data automatically. --> https://www.mql5.com/en/blogs/post/728216 Reference for calling it in EA :  https://www.mql5.com/en/blogs/post/730961 Inputs  (full scre
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Filtro:
Marvin
104
Marvin 2021.03.24 23:17 
 

This is the main indicator that I use in my trading. My strategy is to trade the 1st pullback after getting a signal and this gives a high win rate. Thanks for this great tool.

bgosper1
19
bgosper1 2020.09.16 22:23 
 

The scanner is not working on several pairs even after running for more than 24 hours. Not sure if there is a correlation, but all the pairs it appears to not be scanning are NZD pairs. At this point I would not recommend this software unless I can resolve this issue. Stay tuned, hopefully the owner of it can help me resolve.

Dean Manser
51
Dean Manser 2020.09.10 22:36 
 

The SuperTrend Scanner is the missing piece of the puzzle for me. The ability to set up the charts ahead of time and incorporate alerts for the ones that trades are setting up is an invaluable resource. Being able to do all the analysis, set up the scanner alerts and push notifications through MT4 simply means never having to go back and forth to the charts all the time (especially if trading on the lower time frames) and most importantly, after doing the work, NEVER missing a setup again. Just knowing that you can walk away and let the scanner do its job, has created a new paradigm of trading for me. This is simply an awesome piece of kit!! Thanks Mike.

Bernardito Deogaygay
170
Bernardito Deogaygay 2020.06.15 15:01 
 

I have been using Supertrend indicator for quite a time. But it's a pain monitoring the 28 pairs for trend change. This scanner is fantastic. Will save me a lot of times. Excellent !!

teamsosfx
99
teamsosfx 2020.05.25 04:58 
 

Brilliant Tool, especially when combined with Free tool Super Trend

Cesar Ruiz
100
Cesar Ruiz 2020.04.20 02:58 
 

Thanks a lot for this excellent tool. Now I can trade my Supply Demand Strategy without missing entries. This scanner does the hard work for me.

paul484819 paul
47
paul484819 paul 2019.10.22 16:00 
 

Good tool to see which pairs are trending at glance before drilling down to have a look to see if any trades are setting up, excellent tool for time saving, also good tool see when big money is at play the normal dump and pump I can take advantage on a good move quick 20-30 pips . over all I like it a lot.

Jürgen Schmitz
23
Jürgen Schmitz 2019.08.17 13:33 
 

The scanner helps to find the breakthroughs in all time units. This works very well in higher time units so far so you can concentrate on more important things. Thank you for that.

justme85
154
justme85 2019.05.28 19:53 
 

Great product! A real time saver--I could never keep track of everything this scanner does. The button currencies names are customizable.

tommyf1001
89
tommyf1001 2019.04.05 14:03 
 

A must have tool for any trader. This is great for identifying trends easily, or finding currency pairs that are undergoing a temporary retrace before resuming the broader overall trend which is extremely helpful in buying the dips or selling the rallies. I love using this tool with divergences too. I bought Mike's divergence scanner which is another must have tool and when I get an alert from the Divergence scanner that a divergence is present and therefore a reversal is possible, I will check the trend scanner and click one of the buttons to alert me when a lower time frame's trend is changing direction. For example, I will set my divergence scanner to alert me of all 1 hour divergences present. After I get an alert and mark up the charts, if it looks like a reversal is imminent but the price is still moving along the trend then I will go to the trend scanner and click the 15 minute button to alert me as soon as there is a trend change on the 15 minute time frame. You can do higher time frames as well if you'd rather have a better confirmation of trend change, however I like to try to get in with the best risk/reward ratio and as long as my TA is supporting a trend reversal then I can be confident the change on a 15 or 30 minute time frame is indicating the reversal has already begun to take shape

Tristan Thoraval
738
Tristan Thoraval 2019.03.10 16:40 
 

I am a part time trader. This indicator sends me an alert on my phone. This allowed me to improve my entries points. I also use it in combination with the Strong Trend With Magics Entries. This allowed me to increase my profits over the long term and more than any other indicator I’ve tried.

Good job Mike and thank you again for sharing your knowledge.

mrrobert024
237
mrrobert024 2018.10.24 06:34 
 

excellent - everything this man does is excellent - can not go wrong here

rock65
1072
rock65 2018.08.18 17:44 
 

This Scanner really help to find good trade at all TF ,I like it.

Martin Schalow
291
Martin Schalow 2018.05.31 06:18 
 

I normally use Supertrends for my trading and this tool helps really to find changes and alerting it without watching my favorite markets all time. Great.

reachusman
64
reachusman 2018.05.04 09:15 
 

El usuario no ha dejado ningún comentario para su valoración

Respuesta al comentario
Versión 1.6 2019.10.06
Small bug fix regarding: Automatic detection of "suffix" and "prefix" in instrument name
Versión 1.5 2019.10.02
Automatic detection of "suffix" and "prefix" in instrument name
Versión 1.4 2019.10.01
Changes in pre-configured instrument names.
Versión 1.3 2018.10.17
Better error messages / solution explanation when symbol names don't match
Versión 1.2 2018.05.29
Automatic setting of chart properties like colors and scale fix. Better user experience. No manual configuration of the chart properties needed anymore.