The Super Half Trend indicator is a popular buy/sell signals indicator built for the Metatrader 4 (MT4) trading platform.
The indicator pops up in the main MT4 chart window as red and blue signal arrows.
The Super Half Trend indicator is beginner-friendly and works out of the box.
Buy & Sell Trade Example
- A buy signal occurs whenever the blue signal arrow pops up on the chart.
- A sell signal occurs whenever the red signal arrow pops up on the chart.
The Super Half Trend indicator can be used for both trade entry and exit, or as an additional confirmation filter for other strategies and systems.
For scalping and day trading, the indicator performs best during the London and New York trading sessions.
The indicator works equally well on all currency pairs (majors, minors and exotic) and shows promising results if used correctly.
Free Download
Download the “half-trend.mq4” indicator for MT4
Indicator Example Chart (EUR/USD Daily)
The example chart below displays the Super Half Trend mt4 indicator in action on the trading chart.
Tips:
Feel free to use your own favorite trade entry, stop loss and take profit method to trade with the Super Half Trend 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
Trade Style: Works for scalping, day trading and swing trading
Input Parameters: Variable (inputs tab), color settings & style
Indicator type: Signals
Does the indicator repaint? No.
