As the name implies, the CCI/ATR Super Trend MT4 forex indicator is composed of CCI and ATR.
It draws an easy to understand buy/sell signal line together with fractals on the activity chart.
A buy signal occurs when the signal line changes color from red to green.
Vice versa, a sell signal occurs when the signal line changes color from green to red.
It displays the most current signal in the upper right corner of the chart.
The CCI/ATR Super Trend signals indicator can be used as a standalone technical tool or together with an oscillator.
The oscillator can help you pinpoint entry signals in the direction of the underlying trend as indicated by the CCI/ATR Super Trend indicator.
You can turn on/off the fractal green bullets. This can be done directly from the indicator’s inputs tab.
The indicator works for scalping (M1, M5), day trading (M15, M30) and swing trading (H1, H4, D1).
Free Download
Download the “3-bars-high-low-indicator.ex4” MT4 indicator
Indicator Chart (GBP/USD D1)
The GBP/USD daily chart below displays the CCI/ATR Super Trend Metatrader 4 Forex indicator in action.
Basic Trading Signals
Signals from the CCI/ATR Super Trend MT4 forex indicator are easy to interpret and go as follows:
Buy Signal: Open buy trade position when the Super Trend signal line changes color from red to green.
Sell Signal: Open sell trade position when the Super Trend signal line changes color from green to red.
Trade Exit: Use your own method of trade exit.
CCI ATR Super Trend + Elite PRO Scalper Indicator Forex Scalping Strategy
This MT4 scalping strategy combines the CCI ATR Super Trend indicator with the Elite PRO Scalper indicator.
The CCI ATR Super Trend shows the overall market direction by switching its line to green during buy trends and red during sell trends.
The Elite PRO Scalper provides precise entries using blue arrows for buy signals and red arrows for sell signals.
When used together, they create a simple, clean, and fast scalping method suitable for M1 and M5 charts.
It works best during high volume periods like the London and New York sessions where price moves more consistently and offers better short-term opportunities.
Buy Entry Rules
- The Super Trend line must be green which confirms a buy trend.
- Wait for a blue arrow from the Elite PRO Scalper indicator.
- Enter a buy position after the candle with the arrow closes.
- Set stop loss a few pips below the most recent swing low. Use 5 to 10 pips on M1 or 8 to 15 pips on M5.
- Take profit target is 10 to 20 pips on M1 or 15 to 25 pips on M5.
Sell Entry Rules
- The Super Trend line must be red which confirms a sell trend.
- Wait for a red arrow from the Elite PRO Scalper indicator.
- Enter a sell position after the candle with the arrow closes.
- Set the stop loss a few pips above the most recent swing high. Use 5 to 10 pips on M1 or 8 to 15 pips on M5.
- Take profit target is 10 to 20 pips on M1 or 15 to 25 pips on M5.
Advantages
- The trend direction from the Super Trend helps avoid counter trend trades.
- The arrow signals from Elite PRO Scalper provide fast and clean entries.
- The combined method filters many weak setups that appear when using only one indicator.
- Works well with major currency pairs that have tight spreads.
- Clear and simple rules make it easy to follow in fast markets.
Drawbacks
- In slow or ranging markets, the Super Trend may change direction too often.
- Tight stop losses can be hit quickly when volatility spikes.
- The strategy needs fast reactions which may be difficult for new scalpers.
Case Study 1
On EURUSD M1 during the London session the Super Trend line was green.
A blue arrow appeared from the Elite PRO Scalper indicator.
A buy trade was opened at 1.10520. The stop loss was placed at 1.10505.
Price moved up to 1.10540 and the trade closed with a 20 pip profit.
No opposite signal appeared during the move.
Case Study 2
On GBPUSD M5 during the New York session the Super Trend line changed to red.
A red arrow appeared confirming a bearish signal.
A sell trade was entered at 1.32250 with a stop loss at 1.32270.
Price continued downward and reached 1.32090 for a profit of 16 pips.
The trade reached the target before any reversal signal appeared.
Strategy Tips
- Wait for candles to close before acting on any arrow signal to avoid early false entries.
- Use a session timer or mark session opens on your chart because most profitable moves happen shortly after London and New York open.
- Focus on pairs with stable movement patterns. EURUSD and USDJPY tend to produce cleaner scalping signals than cross pairs during calm periods.
- Only trade when spreads are tight. A large spread can completely remove the profit potential of small scalping targets.
- Use a fixed lot size during scalping to maintain consistency since trades happen frequently.
- Track your best trading hours. Many scalpers perform better during specific windows of time due to market rhythm.
- Close trades manually if price stalls for too long. Momentum is important for scalping and slow movement often leads to reversals.
Download Now
Download the “3-bars-high-low-indicator.ex4” Metatrader 4 indicator
MT4 Indicator Characteristics
Currency pairs: Any
Platform: Metatrader 4
Type: Chart pattern indicator
Customization options: Variable (Period CCI, Period ATR, Alert, Fractals) Colors, width & Style.
Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month
Type: Breakout
