SuperTrend Indicator V1.0 MT4 — A No-Nonsense Guide to Trend Trading That Actually Sticks


Pair: EURUSD, GBPUSD, XAUUSD (works on all majors & many minors)
Timeframe: M15–H1 recommended (usable from M5 up to H4)


If you’re tired of messy charts and over-optimized junk that looks great in hindsight but falls apart live, the SuperTrend Indicator V1.0 for MT4 is a breath of fresh air. It’s simple, visual, and built on logic that traders actually use: volatility-adjusted trend detection. No flashy promises—just clean, actionable signals that help you ride trends and get out when momentum fades. Whether you’re scalping M15 or holding swings on H1/H4, SuperTrend gives you a framework to stay disciplined and avoid revenge trades… coz we’ve all been there.


What Is the SuperTrend Indicator (and Why Traders Love It)


The SuperTrend plots a dynamic line above or below price, switching sides when a trend reversal is detected. Unlike static moving averages, this line adapts to volatility using ATR (Average True Range). That means:



  • In calm markets, the line tucks closer to price (tighter follow, faster flips).

  • In volatile markets, it sits farther away (wider follow, fewer whipsaws).


Core idea:



  • When price closes above the line → uptrend (line turns green by default).

  • When price closes below the line → downtrend (line turns red).


This creates a one-glance trend map—no guessing, no overfitting. You can use it for trend entries, trailing stops, or simply to filter out trades against the prevailing move.



How It Works (Plain English)


SuperTrend = ATR × Multiplier, shifted around price to define the “stop” line.



  • ATR Period controls how far the line tracks volatility.

  • Multiplier determines sensitivity; lower = more flips (aggressive), higher = steadier (conservative).


Typical defaults: ATR Period 10–14, Multiplier 2.0–3.0.



  • Scalpers (M5–M15): 10 ATR, 2.0–2.5 Multiplier.

  • Intraday (M15–H1): 10–14 ATR, 2.5–3.0 Multiplier.

  • Swing (H1–H4): 14 ATR, 3.0–3.5 Multiplier.


There isn’t a “magic” setting; it’s about matching sensitivity to your pair and timeframe. XAUUSD is spikier than EURUSD, so it usually prefers a slightly higher multiplier.


Installation on MT4 (Quick Steps)



  1. Download the SuperTrend Indicator file (.mq4 or .ex4).

  2. In MT4, go to File → Open Data Folder.

  3. Navigate to MQL4 → Indicators and paste the file.

  4. Restart MT4 or hit Navigator → Indicators → right-click → Refresh.

  5. Drag SuperTrend V1.0 onto your chart, tweak inputs (ATR & Multiplier), and click OK.


Tip: Save your setup as a template so you can slap it on new charts in seconds.


Recommended Pairs & Timeframes (Realistic, Tested Combos)



  • EURUSD (M15/H1): smoother trends, good for clean textbook examples.

  • GBPUSD (M15/H1): more volatility—great R:R, but consider a slightly higher multiplier.

  • XAUUSD (M15/H1): powerful trends; use conservative settings to avoid noise.

  • USDJPY (M15/H1): steady cycles; nice for partial profits and trailing with SuperTrend line.


Yes, you can use M5 for fast scalps, but be ready for more flips. For most traders, M15–H1 strikes the best balance between signal quality and frequency.


Entry & Exit Playbook (Actionable Rules)


Trend-Following Long Setup



  • Condition: Price closes above SuperTrend (line flips green).

  • Entry: On the next candle’s open or a modest pullback toward the line.

  • Stop-Loss: Just below the SuperTrend line (it’s a dynamic stop).

  • Take-Profit:



  1. Conservative: 1.5× your risk.

  2. Trend runner: Trail your stop along the SuperTrend line and let it ride.


Trend-Following Short Setup



  • Condition: Price closes below SuperTrend (line flips red).

  • Entry: Next open or pullback toward the line.

  • Stop-Loss: Just above the SuperTrend line.

  • Take-Profit: Mirror the long rules.


Filter for Better Trades



  • Structure check: Only take longs above a rising 200-EMA; shorts below it.

  • Session filter: For intraday, focus on London + first half of NY—that’s where clean moves happen.

  • News filter: Skip high-impact news candles (non-farm, CPI, rate decisions).


Risk Management That Doesn’t Blow Up Small Accounts



  • Fixed % risk: 0.5–1.0% per trade is a sweet spot for most.

  • ATR-aware sizing: Because the stop follows ATR distance, lot size will naturally adjust—don’t fight it.

  • Max exposure: Avoid stacking 3–4 SuperTrend entries on the same pair; you just multiply correlated risk.

  • Break-even logic: After +1R, you can move stop to break even or trail with the line—your call.


Remember: SuperTrend is a tool, not a guarantee. Past performance ≠ future results; demo first, then go live once you’re consistent.


Practical Examples (So You Can See It)


EURUSD M15 (Intraday Trend):
London open pushes above SuperTrend; line flips green. You buy the next candle, stop just below the line. Price grinds higher over the next 2–4 hours. You either bank at 1.8R or trail the line and catch a 3R runner when NY joins.


XAUUSD H1 (Swing Trend):
Gold breaks a multi-day range and closes above SuperTrend. With ATR 14 and Multiplier 3.0, the line sits comfortably under price. You ride the uptrend for 2–3 sessions, trailing the line and layering partial exits at prior highs. One solid move can pay for a week’s worth of scratch trades.


Fine-Tuning Settings (Without Overfitting)



  • If you’re seeing too many fake flips: Increase Multiplier (e.g., 2.0 → 2.5 or 3.0).

  • If entries feel late: Slightly reduce Multiplier or ATR Period (but do it in small steps).

  • If XAUUSD is whipsawing you: Nudge ATR Period to 14 and Multiplier to 3.0–3.5.

  • If EURUSD feels sleepy: Try ATR 10, Multiplier 2.0–2.5 on M15 for more signals.


Keep a journal. Note the pair, timeframe, ATR, multiplier, and R:R outcome. Small tweaks compound into big improvements over a month.



Common Mistakes (And Easy Fixes)



  • Chasing breakouts far away from the line → wait for a minor pullback.

  • Ignoring session context → respect London/NY; skip dead Asian sessions unless you specialize.

  • Trading through major news → step aside; let the dust settle.

  • Over-leveraging to “make it back” → stick to your % risk rule. No exceptions.

  • Treating SuperTrend as a standalone holy grail → pair it with structure, S/R, and a higher-timeframe bias.


Why This Indicator Works for Real Traders


It’s not trying to predict; it’s reacting to actual volatility and price displacement. That makes it adaptable across assets and market cycles. You’ll still have losing trades, sure, but your winners are designed to run, and your losers are controlled—which is exactly how a trend-following approach should behave.


Quick Setup Cheatsheet



  • Pairs: EURUSD, GBPUSD, XAUUSD (works on majors/minors)

  • Timeframes: M15–H1 (M5 for scalping; H4 for slower swings)

  • Settings: ATR 10–14, Multiplier 2.0–3.0 (raise for volatile pairs)

  • Entry: Close beyond the line + session & structure filter

  • Stop: Just beyond the SuperTrend line

  • Exit: 1.5–2.0R or trail with the line for runners


Final Thoughts


The SuperTrend Indicator V1.0 MT4 won’t “beat the market” by itself—nothing will. But it keeps you aligned with momentum, gives you a clear invalidation line, and removes a ton of hesitation from entries and exits. If you’ve been overcomplicating your charts, this is your chance to simplify and still stay sharp. Start on demo, log results, then go live once your process feels second nature. Easy does it.


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Happy Trading