The Super Trend Hybrid indicator for Metatrader 5 delivers winning trend signals suitable for scalpers, day traders, and swing traders.
The indicator offers 100% non-repaint signals, making it ideal for beginners as well.
Bullish and bearish market sentiment:
- A green colored line indicates a bullish market sentiment.
- A red colored line suggests a bearish market sentiment.
Additionally, traders have the freedom to customize inputs such as period and colors to suit their preferences.
To ensure a complete understanding of its functionality, we recommend testing the indicator in a demo environment before live trading.
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super_trend_htf.mq5 Indicator (MT5)
Chart Example
Here is how the Super Trend Hybrid indicator appears when applied to the MT5 chart.
How To Buy And Sell Currency Pairs With The Super Trend Hybrid Indicator?
Find a simple trading example below:
Buy Signal
- The green colored Super Trend Hybrid line generates a buy signal.
- Open a buy trade and place your stop loss a few pips below the green line.
- When a sell signal emerges on the chart, it is advisable to exit the buy position.
Sell Signal
- The red colored Super Trend Hybrid line triggers a sell signal.
- Open a sell trade and set your stop loss a few pips above the red line.
- When a buy signal emerges on the chart, it is advisable to exit the sell position.
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super_trend_htf.mq5 Indicator (MT5)
Frequently Asked Questions
How Do I Install This Custom Indicator On Metatrader 5?
- Open the MT5 trading platform
- Click on the File menu button located at the top left part of the platform
- Click on Open Data Folder > MQL5 folder > Indicators
- Copy the super_trend_htf.mq5 indicator file in the Indicators folder
- Close and restart the trading platform
- You will find the indicator here (Navigator window > Indicators)
- Drag the indicator to the chart to get started with it!
How Do I Edit This Indicator?
- Click in the open chart with your right mouse button
- In the dropdown menu, click on Indicator List
- Select the indicator and click on properties
- Now you can edit the inputs, colors, levels, scale and visualization
- Finally click the OK button to save the new configuration