The Super Trend Line Breakout indicator for Metatrader 4 is an advanced trend line indicator developed to trade possible breakouts above or below trend lines.
The indicator draws the most interesting trend lines automatically on the chart together with probable break-up and down-break targets.
Break-up targets show you the possible target price for a breakout above the upper trend line.
A green horizontal line displays the break-up target price on the MT4 chart.
Down-break targets show you the possible target price for a breakout below the lower trend line.
A red horizontal line displays the down-break target price on the MT4 chart.
The Super Trend Line Breakout indicator can be used for scalping (M1 charts), day trading (M5, M15 charts) and swing trading (M30, H1, H4, D1 charts).
Free Download
Download the “super-breakout-trendline.mq4” MT4 indicator
Indicator Chart (EUR/USD H1)
The EUR/USD H1 chart below displays the Super Trend Line Breakout forex indicator in action.
Basic Trading Signals
Signals from the Super Trend Line Breakout forex indicator are easy to interpret and goes as follows:
Buy Signal: Go long when price breaks and closes above the upper trendline.
Sell Signal: Go short when price breaks and closes below the lower trendline.
Trade Exit: Close the open trade at the suggested target price, or use your own method of trade exit.
MT4 Strategy: Super Trend Line Breakout + Smoothed RSI Forex Signal Scalping
This MT4 scalping strategy combines the Super Trend Line Breakout Indicator and the Smoothed RSI Forex Signal Indicator to capture quick breakout opportunities.
The Super Trend Line Breakout indicator signals a buy when price closes above the upper trendline and a sell when it closes below the lower trendline.
Breakout target levels are displayed as green lines for upward targets and red lines for downward targets.
The Smoothed RSI indicator confirms the trend with a blue line for bullish conditions and a pink line for bearish conditions, helping traders align their scalps with momentum.
This strategy works best on M1 and M5 charts, making it ideal for fast intraday scalping.
Combining breakout signals with RSI trend confirmation helps traders enter trades in the direction of the breakout while filtering weaker moves.
Buy Entry Rules
- Price closes above the upper trendline on the Super Trend Line Breakout indicator.
- The Smoothed RSI line is blue, confirming bullish momentum.
- Enter the trade immediately after both conditions are met.
- Place a stop loss a few pips below the lower trendline or recent swing low.
- Take profit when the Smoothed RSI line turns pink or price reaches the green breakout target, typically aiming for 5-12 pips on M1 and 8-15 pips on M5 charts.
Sell Entry Rules
- Price closes below the lower trendline on the Super Trend Line Breakout indicator.
- The Smoothed RSI line is pink, confirming bearish momentum.
- Enter the trade immediately after both conditions are met.
- Place a stop loss a few pips above the upper trendline or recent swing high.
- Take profit when the Smoothed RSI line turns blue or price reaches the red breakout target, typically aiming for 5-12 pips on M1 and 8-15 pips on M5 charts.
Advantages
- Combines breakout signals with trend confirmation for high-probability scalps.
- Visual breakout targets provide clear take profit levels.
- Effective on lower timeframes for fast intraday opportunities.
- Helps reduce false breakouts by confirming momentum with Smoothed RSI.
Drawbacks
- Breakouts can fail in low volatility or sideways markets, leading to false entries.
- Requires quick execution and focus due to fast M1 and M5 price movements.
- Traders may need to monitor multiple pairs carefully to avoid missing breakout opportunities.
Case Study 1: EURGBP M1
During the London session, EURGBP broke above the upper trendline on the Super Trend Line Breakout indicator while the Smoothed RSI line was blue.
A buy trade was executed with a stop below the lower trendline.
Price moved rapidly upward, and the trade was closed when the RSI turned pink, capturing 9 pips.
Combining breakout and trend confirmation allowed for a quick and reliable scalp.
Case Study 2: USDJPY M5
USDJPY broke below the lower trendline with the Smoothed RSI line turning pink during the New York session.
A sell trade was entered with a stop above the upper trendline.
Price declined steadily, and the trade was closed when the RSI turned blue, securing 14 pips.
Aligning breakout signals with momentum confirmation ensured a high-probability intraday scalp.
Strategy Tips
- Focus on major pairs during active sessions to increase the likelihood of clean breakouts.
- Wait for both breakout and Smoothed RSI confirmation to reduce false signals.
- Use breakout target lines for clear take profit levels.
- Keep stop losses tight but logical to protect capital on rapid moves.
- Monitor one or two pairs at a time to maintain focus and prevent mistakes.
- Quick execution and attention are essential on M1 and M5 charts for scalping success.
Download Now
Download the “super-breakout-trendline.mq4” Metatrader 4 indicator
MT4 Indicator Characteristics
Currency pairs: Any
Platform: Metatrader 4
Type: chart pattern
Customization options: Variable (AlertsOn, TrendLine, TrendLineStyle, ProjectionLines) Colors, width & Style.
Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month
Type: Trend line breakout
