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Winning Super Trend Forex Indicator (MT4)

Winning Super Trend is a free mt4 (Metatrader 4) indicator that delivers super trend Forex signals based on the Average True Range indicator and trend filter.

The indicator appears in the main MT4 chart as a green and red colored signal line that alternates color whenever the trend turns in the opposite direction.

Buy & Sell Trade Example

  • The start of the green signal line is a buy signal.
  • The start of the red signal line is a sell signal.
  • Reverse the position whenever an opposite signal occurs on the chart.

The Winning Super Trend indicator can be used for both trade entry and exit, or mixed together with your own favorite trading strategy for improved performance.

Free Download

Download the “Kolier_SuperTrend_Indi.mq4” indicator for MT4

Indicator Chart (EUR/USD M5)

The example chart below displays the Winning Super Trend mt4 indicator in action on the trading chart.

Trading Tips:

Utilize your own favorite trade entry, stop loss and take profit method to trade with the Winning Super Trend Forex indicator.

As always, trade in agreement with the overall trend and practice on a demo account first until you fully understand this indicator.

Please note that even the best trading indicator cannot yield a 100% win rate over long periods.

Indicator Specifications & Inputs:

Trading Platform: Developed for Metatrader 4 (MT4)

Currency pairs: Works for any pair

Time frames: Works for any time frame

Input Parameters: Variable (inputs tab), color settings & style

Indicator type: Trend-following

Repaint? No.

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

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