About the Winning Super Trend Forex Indicator
The Winning Super Trend Indicator for MT4 identifies trend direction and reversals using the Average True Range (ATR) and a trend filter.
It provides clear signals on when to enter or reverse trades, helping traders follow the market efficiently.
The indicator draws green and red signal lines on the MT4 chart.
The start of a green line indicates a buy signal, while the start of a red line signals a sell.
Traders can reverse positions whenever an opposite signal appears, allowing smooth transitions with the trend.
It is suitable for intraday traders on multiple currency pairs and timeframes.
Traders can also use lower timeframes for scalping if they prefer quick trades with tighter stops and smaller targets.
Free Download
Download the “Kolier_SuperTrend_Indi.mq4” indicator for MT4
Key Features
- Signals trend direction and reversals with green and red lines
- Uses ATR and trend filter for reliable entries
- Supports both trade entry and exit decisions
- Effective for intraday and scalping strategies
- Works on multiple currency pairs and timeframes
- Beginner-friendly and visually clear
Indicator Chart
The chart shows the Winning Super Trend indicator applied on an MT4 chart.
Green lines indicate bullish trends, red lines indicate bearish trends.
Reversing the position when the line changes color allows intraday traders to ride the trend efficiently.
This strategy is generally good for intraday trading but can be applied to lower timeframes for scalping setups.
Guide to Trade with Winning Super Trend
Buy Rules
- Enter a buy when the green signal line starts
- Confirm overall trend direction or use supporting indicators
- Reverse position when the line turns red
Sell Rules
- Enter a sell when the red signal line starts
- Confirm trend direction or use supporting indicators
- Reverse position when the line turns green
Stop Loss
- Place stops below the previous swing low for buys
- Place stops above the previous swing high for sells
- Adjust according to the volatility indicated by ATR
Take Profit
- Target the next support or resistance level
- Close partially when price shows hesitation at key levels
- Exit fully if an opposite signal line appears
Practical Tips
- Focus on high-liquidity pairs like EUR/USD, GBP/USD, and USD/JPY
- Use M15–H1 for intraday trades or M5 for scalping
- Avoid trading during low-volume periods or around major news
MT4 Scalping Strategy: Winning Super Trend + Simple Arrow Scalper
This scalping strategy combines the Winning Super Trend Indicator for MT4 and the Simple Arrow Scalper Indicator.
The Super Trend defines the dominant market direction (green line = bullish trend, red line = bearish trend).
The Arrow Scalper provides precise buy and sell entry signals (blue arrow = buy, magenta arrow = sell).
Together, they form a fast-reacting scalping system perfect for short-term trades on the M1–M15 charts.
Buy Entry Rules
- Confirm the Winning Super Trend line is green, indicating a bullish environment.
- Wait for a blue arrow from the Simple Arrow Scalper.
- Enter a buy trade at the close of the candle with the blue arrow.
- Place the stop loss just below the most recent swing low.
- Set take profit between 10–20 pips, or aim for 1.2× the stop distance.
Sell Entry Rules
- Confirm that the Super Trend line is red, signaling a bearish market bias.
- Wait for a magenta arrow from the Arrow Scalper to appear.
- Enter a sell trade at the close of that candle.
- Set the stop loss just above the recent swing high.
- Take profit between 10–20 pips or a 1.2× risk-reward ratio.
Advantages
- Strong trend confirmation reduces false entries.
- Clear and visual arrow entries make execution simple.
- Effective on liquid pairs like EUR/JPY, GBP/USD, and AUD/USD.
- Perfect for quick in-and-out trades with low exposure time.
Drawbacks
- False arrows may appear in sideways or low-volume sessions.
- Super Trend can lag, causing slightly delayed entries.
- Scalping requires tight spreads and fast execution to remain profitable.
- High market volatility may trigger early stop losses.
Case Study 1: EUR/JPY on M5
On EUR/JPY M5, the Super Trend turned green at 161.90.
A blue arrow appeared soon after.
A buy order was placed at 161.94 with a 10-pip stop loss.
The price moved to 162.12, hitting the 18-pip take profit in under 10 minutes — a clean 1.8× reward-to-risk trade.
Case Study 2: GBP/USD on M1
During the London session, the Super Trend line was red on GBP/USD.
A magenta arrow appeared at 1.2834.
A sell was placed with a 6-pip stop loss and a 9-pip target.
The trade reached TP in about 4 minutes as momentum pushed lower to 1.2825.
Strategy Tips
- Trade only during active sessions (London and New York overlap).
- Avoid using this system during major news releases.
- Use pairs with low spreads and high liquidity.
- Test different take-profit ranges depending on volatility.
Download Now
Download the “Kolier_SuperTrend_Indi.mq4” indicator for Metatrader 4
FAQ
Can I adjust the indicator for different trading styles?
Yes. You can use higher timeframes like H1 for intraday trading or lower timeframes like M5 for quick scalping setups.
How does the ATR filter help?
The ATR component adapts the indicator to market volatility, helping reduce false signals in choppy conditions.
Do I need additional indicators to trade with this?
Not necessarily. The Super Trend line provides clear entry and exit signals, but confirming with a momentum or trend indicator can increase confidence.
Is it suitable for all currency pairs?
Yes, it works on any Forex pair. It performs best on high-liquidity pairs where trends are more reliable.
Summary
The Winning Super Trend Indicator for MT4 provides clear trend-following signals with automatic reversal points.
Traders can enter trades when the green line starts for bullish trends or the red line for bearish trends, and reverse positions whenever the color changes.
It is generally good for intraday trading but can also be applied for scalping on lower timeframes.
The ATR-based trend filter ensures that signals adapt to volatility, reducing false entries and helping traders stay on the right side of the market.
It pairs well with other trend or momentum indicators for enhanced confirmation, making it a versatile tool for traders seeking reliable entries and exits.
