Super Mega Winner is a free Forex indicator built for Metatrader 4 that delivers lots of pips for any pair in trending currency markets.
It’s a complete Forex system that consists of two signal lines together with an easy-to-follow buy/sell dots system.
In essence, you’ll only need to pay attention to the colored green and red dots.
Buy & Sell Trade Example
- Open a buy trade as soon as the first green colored dot gets printed on the bottom chart.
- Open a sell trade as soon as the first red colored dot gets printed on the bottom chart.
The Super Mega Winner indicator can be used for both trade entry and exit or as a trend confirmation signal indicator.
The indicator works equally well on all currency pairs (majors, minors and exotic) and shows promising results if used correctly.
Free Download
Download the “SuperMegaWinner.mq4” indicator for MT4
Indicator Chart (EUR/USD H4)
The picture below shows the Super Mega Winner mt4 indicator in action on the trading chart.
Trading Tips:
Feel free to use your own favorite trade entry, stop loss and take profit method to trade with the Super Mega Winner 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: Signal
Does the indicator repaint? No.
Super Mega Winner + SuperTrend MTF Forex Day Trading Strategy
This strategy combines the Super Mega Winner Forex Indicator for MT4 and the SuperTrend MTF Forex Signal Indicator for MT4.
It is designed for day traders who seek clear entry signals and trend confirmation on medium time frames such as M30 or H1.
The Super Mega Winner indicator signals immediate entries with colored dots (green for buy, red for sell).
The SuperTrend MTF indicator adds trend direction confirmation (green line = uptrend, red line = downtrend).
By trading when both indicators agree, you reduce false signals and align with the dominant market momentum.
Buy Entry Rules
- Wait for the first green colored dot from the Super Mega Winner indicator on the chart — this triggers a potential buy.
- Confirm that the SuperTrend MTF line is green, indicating a confirmed buy trend.
- Enter a buy trade as soon as both conditions align (on the closing of the signal candle).
- Place stop loss just below the recent swing low or a fixed distance (e.g., 30–40 pips).
- Set take profit at a target of around 2× the stop loss (e.g., if stop is 30 pips, target about 60 pips)
- Or trail the stop when the SuperTrend line changes color to red.
Sell Entry Rules
- Wait for the first red colored dot from the Super Mega Winner indicator, indicating a potential sell.
- Confirm the SuperTrend MTF line is red, showing a downward trend.
- Enter a sell trade once both indicators agree (after the signal candle closes).
- Place stop loss just above the recent swing high or a fixed amount (e.g., 30–40 pips).
- Set take profit around 2× stop loss (e.g., 60 pips if stop is 30)
- Or exit when the SuperTrend line flips to green.
Advantages
- Clear and simple visual signals: the colored dot and trend line ensure you only enter well-aligned trades.
- Trend confirmation improves probability: trading with the trend rather than against it.
- Suitable for multiple major currency pairs and day-trading time frames.
- Allows defined risk and reward: stop loss and take profit levels are clear.
- Works well during active sessions (e.g., London, New York) when trending conditions prevail.
Drawbacks
- The SuperTrend line may lag a little during sharp reversals, causing the signal to come a bit late and reducing potential profit.
- Requires disciplined risk management because even well-aligned signals still carry risk.
- This system demands that both indicators agree — if you force entries without confirmation, the reliability drops significantly.
Example Case Study 1 – AUDUSD H1
On the AUDUSD H1 chart, at 0.6580, the Super Mega Winner indicator printed the first green dot after a pullback.
At the same time, the SuperTrend line was green, confirming the uptrend.
A buy trade was opened at 0.6585 with a 35-pip stop loss below the recent swing low at 0.6550.
The take profit target was set at 70 pips.
The pair moved upward steadily during the London session and hit 0.6655, securing a 70-pip profit.
The trend remained strong, and there was no signal reversal during the move.
Example Case Study 2 – NZDJPY M30
On the NZDJPY M30 chart, at 90.45, a red dot appeared from the Super Mega Winner indicator as the SuperTrend line had flipped red, indicating a downtrend.
A short trade was entered at 90.40, stop loss placed at 90.80 (40 pips), target set at around 80 pips (depending on volatility).
The price dropped to 89.65 within a few hours, yielding about 75 pips profit.
The line remained red throughout, so the trade rode the momentum effectively.
Strategy Tips
- Before taking any trade, zoom out to identify key support and resistance levels. Avoid buying near major resistance or selling near strong support.
- If the price consolidates for several candles after a signal, wait for a clear breakout before entering to reduce fake signals.
- Use a trailing stop after the trade moves 30–40 pips in profit to capture extended trends while minimizing risk.
- For best accuracy, align trades with the daily trend direction — it increases consistency and reduces drawdowns.
This Super Mega Winner + SuperTrend MTF MT4 day trading strategy offers a structured way to capture intraday trend moves.
By combining the immediate entry signals of the Super Mega Winner with trend confirmation from the SuperTrend line, traders can trade with more confidence and clearer rules.
Download Now
Download the “SuperMegaWinner.mq4” indicator for Metatrader 4
