The Super Moving Average trend forex indicator delivers powerful buy/sell trading signals based on 4 different types of moving averages.
It’s a versatile forex indicator with a lot of different options.
You can choose from the simple moving average, exponential moving average, smoothed moving average and linear weighted moving average.
The colored signal line alternates between green and red.
- A green moving average signal line represents a buy signal.
- A red moving average signal line represents a sell signal.
The indicator works on any time frame for any trade style (scalping, day trading and swing trading).
Tip: To reduce false buy/sell signals, change its default “average period” to a higher value.
Feel free to experiment with the different indicator’s inputs settings to suit your needs and preferences.
Free Download
Download the “Super smoothed average trend 1.2.ex4” MT4 indicator
Indicator Chart (EUR/USD H1)
The EUR/USD H1 chart below displays the Super Moving Average Trend Metatrader 4 forex indicator in action.
Basic Trading Signals
Signals from the Super Moving Average Trend MT4 forex indicator are easy to interpret and go as follows:
Buy Signal: Open a buy trade when the Super Moving Average Trend changes its signal line color from red to green.
Place a stop loss below short-term support or use your own preferred SL method.
Sell Signal: Open a sell trade when the Super Moving Average Trend changes its signal line color from green to red.
Place a stop loss above short-term resistance or use your own preferred SL method.
Super Moving Average Trend + Waddah Attar Scalping MT4 Strategy
This MT4 trading strategy combines the Super Moving Average Trend indicator and the Waddah Attar Scalping indicator.
It is designed for traders who want simple trend confirmation with fast momentum signals.
The Super Moving Average Trend indicator shows the overall direction. A green line signals a bullish trend, and a red line signals a bearish trend.
The Waddah Attar Scalping indicator confirms momentum through its histogram. A green histogram shows bullish momentum while a red histogram signals bearish pressure.
This strategy works well on M1 and M5 charts for quick scalping entries. It is suitable for beginners and advanced traders who want fast, rule-based trades.
The combination works because the trend indicator filters direction while the histogram gives timed entries.
This reduces noise and false signals during fast market conditions.
Buy Entry Rules
- The Super Moving Average Trend indicator must show a green line.
- The Waddah Attar Scalping histogram must turn green.
- Enter a buy position as soon as both indicators align.
- Place the stop loss 10 to 15 pips below the most recent swing low.
- Set the take profit at 10 to 20 pips. With strong momentum, you can target 25 pips.
Sell Entry Rules
- The Super Moving Average Trend indicator must show a red line.
- The Waddah Attar Scalping histogram must turn red.
- Enter a sell position as soon as both indicators align.
- Place the stop loss 10 to 15 pips above the most recent swing high.
- Set the take profit at 10 to 20 pips. With strong momentum, you can target 25 pips.
Advantages
- Simple and fast rules suitable for scalping.
- Strong trend filtering, which avoids many bad trades.
- Clear momentum confirmation using the histogram.
- Works well on major currency pairs with tight spreads.
- Very easy to execute even during high volatility sessions.
Drawbacks
- Requires tight risk control due to fast entry and exit rules.
- Not ideal for traders who prefer long-term setups.
Case Study 1
On EURUSD M5, the Super Moving Average Trend line turned green at the start of the London session.
A few minutes later, the Waddah Attar histogram switched to green as momentum increased.
A buy trade was opened at this moment. The stop loss was placed 12 pips below the recent swing low.
The pair quickly pushed higher, and the take profit at 18 pips was hit within minutes.
This trade worked because both indicators aligned during a strong session open when volatility was rising.
Case Study 2
On GBPUSD M1, the Super Moving Average Trend line turned red after a small pullback.
Shortly after, the Waddah Attar histogram turned red, showing strong momentum to the downside.
A sell position was opened. The stop loss was placed 10 pips above the swing high.
The price dropped sharply, and the 15 pip target was reached quickly.
Strategy Tips
- Trade this setup only when the market is moving. Avoid choppy sideways periods.
- The best sessions for scalping are London and New York.
- Reduce your lot size during slow hours to avoid unnecessary losses.
- If both indicators remain aligned for a long time, look for pullbacks before entering.
- Stick to major pairs like EURUSD and GBPUSD for smoother momentum.
Download Now
Download the “Super smoothed average trend 1.2.ex4” Metatrader 4 indicator
MT4 Indicator Characteristics
Currency pairs: Any
Platform: Metatrader 4
Type: chart window indicator
Customization options: Variable (time frame to use, average period, average price, average method, moving average type, alerts) Width & Style.
Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, Daily, Weekly, Monthly
Type: trend signals
