Super Trend Indicator
Info
The Super Trend Indicator is a Indicator for MetaTrader 5 that indicators that provide simple and clear indications are popular on the forex market. The Super Trend indicator is one such tool that displays its values directly on the price chart, offering a convenient visual representation.
Usage
This tool is typically used for trend following strategies across multiple currency pairs.
Platform
This Indicator works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Indicators folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use Super Trend Indicator
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
Indicators that provide simple and clear indications are popular on the forex market.
Typical Use Case
This Indicator excels in trend following on MetaTrader 5.
Compatible Platform & Setup
This Indicator works on MetaTrader 5. Place the file in the MQL5/Indicators folder and restart the terminal.
Description & Settings
Related: ADX Auto Range: Automated Trend Strength and Consolidation Detection - another powerful indicator for MetaTrader 5 traders.
Indicators that provide simple and clear indications are popular on the forex market. The Super Trend indicator is one such tool that displays its values directly on the price chart, offering a convenient visual representation.Also recommended: Line Master: Advanced Trend Lines with Change Signals - similar indicator with strong performance on MetaTrader 5.
During an uptrend, the indicator line is green and positioned below the price chart. Conversely, in a downtrend, it turns red and appears above the price. Traders can utilize this indicator in various ways.
The most straightforward strategy is to buy when the Super Trend line is green and sell when it's red. A more advanced approach involves analyzing the indicator on a higher timeframe, such as H4, and executing trades on a smaller timeframe, like M15, in alignment with the dominant trend. Additionally, traders can use the indicator's lines as resistance and support levels, waiting for the price to approach the line and then trading in the opposite direction.
This indicator was originally written in MQL4 and has been a valuable tool for traders since its publication in 2026.
You may also like: Trend Buy/Sell Zones with Automated Lot Sizing and Risk Panel for MT5 - excellent alternative for indicator users on MetaTrader 5.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.00"
#property indicator_chart_window
#property indicator_buffers 4
#property indicator_plots 4
#property indicator_type1 draw_line
#property indicator_color1 clrmediumseagreen
#property indicator_style1 style_solid
#property indicator_width1 2.......
⚠ 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.