The Supertrend MTF Alert Indicator for MT5 is a simple yet effective tool designed to highlight the current trend direction in financial markets. It draws red and green lines on the chart using ATR (Average True Range) calculations:
Green Line: Signals a bullish trend, suggesting long positions or closing short trades
Red Line: Signals a bearish trend, suggesting short positions or closing long trades
This indicator automatically updates its signals whenever the trend changes, helping traders spot key market reversals and identify potential entry and exit points.
The Supertrend MTF Alert is best used on higher timeframes to minimize noise, but it can also assist scalpers on lower timeframes like 1-minute, 5-minute, and 15-minute charts.
BUY Signal:
The indicator draws green lines
Traders may open long positions or close short positions
Confirmation can be enhanced using price action or other indicators
SELL Signal:
The indicator draws red lines
Traders may open short positions or close long positions
Wait for trend confirmation for safer entries
On lower timeframes, the indicator can help identify quick entry and exit points
Enter a long trade when a green line appears and a short trade when a red line appears
Always combine with other technical analysis tools to avoid false signals
The color change of the line indicates a trend reversal
Traders can use this to anticipate potential market movements before major price swings
While no technical indicator is 100% accurate, the Supertrend MTF Alert Indicator has been optimized to:
Reduce false signals compared to many other indicators
Perform reliably on higher timeframes
Provide clear visual cues for trend-following and reversal strategies
It is important to note that during sideways markets or choppy price action, some false signals may occur.
ATR-based trend detection for accurate market readings
Red and green line visualization for easy interpretation
BUY/SELL signals for trend-following strategies
Suitable for scalping, intraday, and swing trading
Compatible with all Forex pairs, commodities, and indices
Free to download and easy to install
The Supertrend MTF Alert Indicator for MT5 is an essential tool for traders seeking to identify trend direction, reversals, and entry/exit points. With its clear red and green lines, ATR-based calculation, and multi-timeframe compatibility, it is ideal for beginners and experienced traders alike. Download it today from IndicatorForest.com to enhance your technical trading strategies and spot trends with confidence.
Published:
Nov 25, 2025 02:26 AM
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