How do I install this Indicator on MetaTrader 4?

Download the file, open MetaTrader 4 -> File -> Open Data Folder, copy the file to the correct folder (Experts / Indicators / Scripts / Libraries), then restart the terminal.

How do I activate / load this Indicator?

Drag the Indicator from the Navigator onto your chart and adjust the input parameters as needed.

Is this compatible with MetaTrader 4?

Yes, this Indicator is built specifically for MetaTrader 4.

Is this Indicator safe to use with real money?

All tools are provided for educational and testing purposes. We strongly recommend testing on a demo account first. Trading involves significant risk of loss.

Can I use this Indicator on multiple charts?

Yes, you can apply multiple indicators on the same chart.

Can I customize the settings of this Indicator?

Yes. Right-click on the chart and select properties to open and adjust parameters.

Free Supertrend Multi-Timeframe Indicator for MT4 Indicator for MetaTrader 4

MetaTrader 4 indicator

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Supertrend Multi-Timeframe Indicator for MT4

Info

The Supertrend Multi-Timeframe Indicator for MT4 is a Indicator for MetaTrader 4 that supertrend multi-timeframe indicator for mt4this is a free multi-timeframe trend indicator for metatrader 4. The indicator displays bullish and bearish trend conditions directly on the chart using colored Supertrend lines and signal arrows.

Usage

This tool is typically used for trend following strategies across multiple currency pairs.

Platform

This Indicator works exclusively on MetaTrader 4 (both build 600+ and newer versions).

Setup

Place the downloaded file in MQL4/Indicators folder via File ? Open Data Folder in MetaTrader 4.

How to Install and Use Supertrend Multi-Timeframe Indicator for MT4

1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.

2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.

3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.

4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.

Frequently Asked Questions

Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."

Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).

Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.

What this tool does

Supertrend Multi-Timeframe Indicator for MT4This is a free multi-timeframe trend indicator for MetaTrader 4.

Typical Use Case

This Indicator excels in trend following on MetaTrader 4.

Compatible Platform & Setup

This Indicator works on MetaTrader 4. Place the file in the MQL4/Indicators folder and restart the terminal.

Description & Settings

Related: multi-timeframe indicator: daily, 4-hour, and 1-hour bars - another powerful indicator for MetaTrader 4 traders.

Supertrend Multi-Timeframe Indicator for MT4

Also recommended: Non-Repainting Supertrend Indicator - similar indicator with strong performance on MetaTrader 4.

This is a free multi-timeframe trend indicator for MetaTrader 4.
The indicator displays bullish and bearish trend conditions directly on the chart using colored Supertrend lines and signal arrows.

Main Features:

- Multi-timeframe trend analysis
- Bullish and bearish Supertrend visualization
- Buy and Sell signal arrows
- Works with Forex, Gold, indices, and other MT4 instruments
- Can be used on different chart timeframes
- Suitable for manual trend confirmation and entry/exit analysis
- Adjustable indicator parameters

The indicator is intended for visual analysis and does not open or manage trades automatically.

An Expert Advisor based on the same Supertrend MTF trading concept has also been developed and is available in the MQL5 Market.

The EA version is intended for traders who prefer automated execution, while this free source-code indicator can be used for manual analysis, education, and further development.

Always test any trading tool on a demo account before using it in live trading.

You may also like: Multi-Timeframe RSI Indicator - excellent alternative for indicator users on MetaTrader 4.

Source Code

#property copyright "RobotFX"
#property version   "1.00"
#property strict
#property description "This code is educational. Feel free to use, modify and upgrade as you wish. Visit ROBOTFX.ORG for professional trading tools"
#property indicator_chart_window
#property indicator_buffers 5
#property indicator_color1 clrLimeGreen
#property indicator_color2 clrTomato
#property indicator_color3 clrDodgerBlue
#property indicator_color4 clrOrangeRed

.......

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⚠ Limitations & Risk Warning

This tool is provided for educational and testing purposes only.
Past performance does not guarantee future results.
Trading involves substantial risk of loss. Use on a demo account first.
Results may vary depending on market conditions, broker, and settings.
We recommend thorough backtesting and forward testing before using with real funds.