SUPERTREND INDICATOR V4 MT5 – Smarter Trend Detection Tool

Ever felt like you entered a trade just when the trend was about to reverse? That frustration hits every trader at some point. The markets move fast, and without a reliable tool to guide entries and exits, it’s easy to lose money. That’s exactly why SUPERTREND INDICATOR V4 MT5 exists.

This upgraded version of the classic Supertrend brings sharper accuracy, multi-timeframe support, and better alerts. Whether you’re scalping intraday or holding swing trades, this indicator adapts to your trading style. And the best part? You don’t need thousands in capital—just a minimum deposit of $200 is enough to put it to work on your MT5 platform.

In this post, I’ll cover what makes the V4 edition so useful, how it works, best settings, and how you can install it quickly.

Overview of SUPERTREND INDICATOR V4 MT5

The Supertrend is one of the most popular trend-following indicators because it’s simple yet powerful. Built around Average True Range (ATR) and moving averages, it draws a line above or below the price to show whether the market is in bullish or bearish mode.

The V4 MT5 version enhances this by adding:

  • Smoother ATR calculations,
  • Optimized signal accuracy,
  • Multi-pair compatibility,
  • And customizable alerts so you don’t miss opportunities.

This makes it a versatile tool across forex, commodities, indices, and even crypto pairs.

Currency Pairs

The indicator works with all major and minor currency pairs—EURUSD, GBPUSD, USDJPY, AUDUSD, and more. Traders also successfully apply it to gold (XAUUSD), oil, and NASDAQ indices.

Timeframes

You can use SUPERTREND INDICATOR V4 MT5 across M15, M30, H1, H4, and Daily charts. Scalpers often prefer M15 and M30, while swing traders use H1–D1 for smoother trend captures.

Key Features of SUPERTREND INDICATOR V4 MT5

• + Accurate buy and sell signals displayed directly on the chart
• + Multi-timeframe analysis support
• + Works on all currency pairs, indices, and commodities
• + Adjustable ATR period and multiplier for flexible strategies
• + Clean chart visualization with minimal lag
• + Smart alerts (pop-up, push notification, email)
• + No repainting of signals—what you see is what you trade
• + Compatible with brokers worldwide (ECN/STP friendly)
• + Lightweight coding ensures smooth MT5 performance
• + Free lifetime updates through YoForex community

Backtest & Live Trading Results

During internal backtesting on EURUSD and XAUUSD, the indicator showed strong performance in filtering out noise.

  • EURUSD H1 timeframe: The Supertrend V4 caught 7 out of 10 strong moves, improving profitability for trend-following systems.
  • XAUUSD H4 timeframe: The tool provided reliable medium-term buy/sell signals with minimal false triggers during sideways markets.

While backtests can’t predict future results, traders using it live have reported clearer trend confirmation and better risk-reward setups.

Remember though, this is an indicator, not an EA—so it won’t trade automatically. But when combined with solid risk management, it can be the edge you need.

Installation & Configuration Guide

Installing the SUPERTREND INDICATOR V4 MT5 is straightforward:

  1. Download the file from MQL5.software.
  2. Copy the file into MQL5/Indicators inside your MT5 data folder.
  3. Restart MetaTrader 5.
  4. Drag the indicator onto your chosen chart.
  5. Adjust settings:
  • ATR Period: 10–14 is common.
  • Multiplier: 2–3 for balanced sensitivity.
  • Colors: Set bullish/bearish trend lines for clear visibility.

    6. Enable alerts to receive notifications on entry/exit signals.

Tip: Use M15 or H1 for scalping and swing trading, then confirm with a higher timeframe trend filter.

Why Choose YoForex-Powered Tools?

YoForex isn’t just handing out random indicators. Every release, including SUPERTREND INDICATOR V4 MT5, is tested on live market data, optimized for stability, and refined for real traders. Unlike overpriced platforms charging $100+ for basic scripts, YoForex offers these tools 100% free on MQL5.software.

That means you get:

  • Free updates forever,
  • Access to YoForex’s growing trading community,
  • And transparent support when you need help.

Support & Disclaimer

If you run into issues or need help customizing your settings, YoForex offers multiple support channels:

Disclaimer: The SUPERTREND INDICATOR V4 MT5 is a trading tool designed to support decision-making. It does not guarantee profits. Past performance is not a reliable indicator of future results. Always test on a demo account before trading live capital.

Final Call to Action

Don’t let market noise confuse you. The SUPERTREND INDICATOR V4 MT5 gives you the clarity you need to follow the real trend. With simple installation, free access, and reliable alerts, it’s a must-have for any MT5 trader.

Download SUPERTREND INDICATOR V4 MT5 now and start trading with confidence today.

YoForex – empowering traders worldwide, one free tool at a time.

Join our Telegram for the latest updates and support

Happy Trading