The Super Trend MT4 Forex indicator provides you with bullish and bearish price area’s.
The price is considered to be bullish above the green Super Trend line and bearish below the red line.
No real trading signals from this indicator. One could be looking for buy entries above the green line and sell entries below the red line.
Configurable Indicator Options
GBP/USD 4 Hour Chart Example
How to install the Super Trend custom indicator in Metatrader 4?
- Download the SuperTrend.mq4 indicator to your computer.
- Open your Metatrader 4 platform.
- Open the data folder from the top menu.
- Open the MQL4 folder.
- Open the indicators folder.
- Paste the indicator file in this folder.
- Restart the trading platform.
- Open any trading chart.
- Attach the indicator to the chart.