About the Super Trend Multi MTF Indicator
The Super Trend Multi MTF Forex Indicator for MT4 is a trend-following technical tool designed to help traders stay on the right side of the market.
It focuses on identifying sustained directional movement and filtering out weaker price fluctuations that often lead to poor entries.
The indicator is plotted in a bottom chart window and appears as a single signal line that changes color based on market direction.
Green signals bullish conditions, while orange reflects bearish pressure.
Thanks to its multi-timeframe logic, the indicator evaluates trend conditions beyond the active chart, helping traders trade with broader market alignment.
It works best in trending environments and can be used as a standalone tool or combined with price action for stronger confirmation.
Free Download
Download the “super-trend-multi-mtf-indicator.ex4” MT4 indicator
Key Features
- Provides buy and sell signals based on trend direction.
- Uses multi-timeframe analysis for better trend filtering.
- Displayed as a color-changing signal line in a lower window.
- Helps traders stay aligned with strong market moves.
- Works across all currency pairs and timeframes.
Indicator Chart
The Super Trend Multi MTF indicator chart displays a colored signal line in a separate window below the main chart.
Green and orange color changes indicate bullish and bearish trend phases, helping traders identify continuation opportunities and exit points.
Guide to Trade with Super Trend Multi MTF Indicator
Buy Rules
- Open a buy trade when the Super Trend line turns green.
- Confirm that price is not trading into nearby resistance.
- Enter the trade after the signal candle closes.
Sell Rules
- Open a sell trade when the Super Trend line turns orange.
- Ensure price is not sitting on strong support.
- Enter the trade after the color change is confirmed.
Stop Loss
- Set stop loss below recent support for buy trades.
- Set stop loss above recent resistance for sell trades.
- Adjust stop placement based on the active timeframe.
Take Profit
- Target a minimum risk-to-reward ratio of 1.7.
- Trail stop loss as the trend develops.
- Exit the trade when an opposite color signal appears.
Super Trend Multi‑MTF Forex Scalping Strategy for MT4
This scalping system is designed for traders seeking to capitalize on rapid intraday movements in the forex market.
It combines the Super Trend Multi‑MTF Forex Indicator (MT4) with the Best Forex Scalping Indicator (MT4), which gives precise entry points with blue arrows for buy signals and red arrows for sell signals.
By combining these two indicators, this strategy filters out counter-trend trades and focuses only on high-probability setups.
The Super Trend Multi‑MTF acts as a trend filter, so you only trade in the direction of the trend, while the Best Forex Scalping Indicator pinpoints the exact moments to enter the market.
This makes it particularly useful for scalpers who want to maximize efficiency and reduce exposure to false moves.
This strategy is best applied on short timeframes such as M1, M5, and M15, allowing traders to take advantage of small but frequent price movements.
It works well on highly liquid pairs with tight spreads, such as EUR/USD, GBP/USD, USD/JPY, and USD/CHF.
One of the key advantages of this strategy is its simplicity.
With a clear trend filter and defined entry signals, traders do not need to guess market direction.
It also allows for tight stop losses and defined risk per trade, making it easier to manage an intraday scalping plan with consistent results.
Buy Entry Rules
- Super Trend line must be green (buy trend).
- The blue arrow appears on the Best Forex Scalping indicator.
- Enter a buy at the open of the next candle after the blue arrow.
- Stop loss: 8–20 pips below the recent swing low.
- Take profit: 1–1.5× risk or trail the stop; exit if Super Trend flips orange or a red arrow appears.
Sell Entry Rules
- Super Trend line must be orange (sell trend).
- The red arrow appears on the Best Forex Scalping indicator.
- Enter a sell at the open of the next candle after the red arrow.
- Stop loss: 8–20 pips above the recent swing high.
- Take profit: 1–1.5× risk or trail the stop; exit if Super Trend flips green or blue arrow appears.
Advantages
- Clear trend filter reduces counter-trend trades.
- Arrow signals give precise entries for scalping.
- Short-term focus allows multiple small profits per session.
- Tight stops help control risk effectively.
Drawbacks
- High frequency can make commissions and spreads significant.
- Profit potential is limited to small pips per trade.
- Scalping requires constant attention and quick decisions.
Case Study 1
On the USD/CHF M5 chart, at 10:15 GMT, the Super Trend Multi‑MTF indicator turned green, signaling a bullish trend.
Shortly after, the Best Forex Scalping indicator produced a blue arrow, confirming a buy entry.
We entered at 0.9250 with a stop loss placed at 0.9238, just below the recent swing low, giving a 12‑pip risk. The initial target was set at 0.9265, a 15‑pip gain.
The price moved steadily upward, respecting the trend line, and reached the target within 20 minutes.
The trade closed for +15 pips, demonstrating how combining the trend filter with precise arrow entries can capture a short-term, high-probability move.
Case Study 2
On the EUR/GBP M5 chart at 14:40 GMT, the Super Trend line turned orange, indicating a bearish trend.
Shortly after, a red arrow appeared on the Best Forex Scalping indicator, signaling a sell opportunity.
A short position was opened at 0.8600 with a stop loss at 0.8612, 12 pips above the recent swing high.
The take profit target was initially set at 0.8588 for a 12‑pip reward.
The price moved downward quickly, but halfway to the target, the Super Trend line flipped green, suggesting a possible trend reversal.
To protect profits, the trade was closed early at 0.8590, securing +10 pips.
Strategy Tips
- Focus on trading during high-volatility sessions, such as the London open and the New York overlap, to increase the likelihood of strong, quick moves.
- Always wait for the candle to close before entering a trade. This reduces the risk of false signals from early arrows or temporary trend fluctuations.
- Trade only major currency pairs with low spreads, such as EUR/USD, GBP/USD, USD/JPY, and USD/CHF, to ensure that scalping profits are not eaten up by transaction costs.
- Use a fixed risk per trade, ideally 0.5–1% of your account balance, to manage drawdowns and protect capital during consecutive losses.
- Consider trailing your stop once the trade moves in your favor by half your target distance. This helps lock in profits while allowing the trend to continue.
- Skip trades if the Super Trend line flips quickly after a signal or if the arrow appears too close to support/resistance zones. Waiting for clear setups improves your win rate.
- Do not chase trades or overtrade. Scalping requires discipline and focus; patience in waiting for ideal setups is more profitable than constant trading.
Download Now
Download the “super-trend-multi-mtf-indicator.ex4” MT4 indicator
FAQ
What does multi-timeframe mean in this indicator?
The indicator evaluates trend conditions from higher timeframes while trading on a lower one, helping filter weak setups.
Is Super Trend Multi MTF suitable for ranging markets?
It performs best in trending conditions and may produce mixed results during sideways price action.
Can this indicator be used on lower timeframes?
Yes, it works on lower timeframes, especially when higher timeframe trends are respected.
Summary
The Super Trend Multi MTF Forex Indicator for MT4 offers traders a disciplined way to trade with trend direction using multi-timeframe confirmation.
Its simple color-based signals make it easy to follow while still relying on deeper market analysis.
With flexible application, solid trend filtering, and straightforward trade rules, this indicator is a useful addition for traders who prefer riding sustained market moves while maintaining controlled risk.
