The Trend is your friend! This is one of the most popular quote in the trading space. One of the most popular trend indicator is Supertrend, which uses a combination of ATR and median price to show if an instrument is in uptrend or downtrend. With MT4 Supertrend Multi Time Frame Indicator you can see the status of the Supertrend in all the time frames in just one place.
What Is The MT4 Supertrend Multi Time Frame Indicator
The Supertrend Multi Time Frame is a great indicator to see the overall trend of an instrument.
With this indicator you can see in one chart the status of the Supertrend in all the time frames.
The indicator has a simple table where for each time frame you can see if the pair is in uptrend or downtrend.
We go through some of this indicator in this article.
Why Is The MT4 Supertrend Multi Time Frame Useful
When you check the trend of the price in Metatrader you usually see it in a specific time frame.
It is almost always useful to see what is the trend in different time frames to have a better understanding of the situation.
If for example you check the trend in a H1 chart this can look like an uptrend. However, checking the same in a D1 chart this major trend is a downtrend.
MT4 Supertrend Multi Time Frame allows you to see in a single place the supertrend status in all the time frames.
You can use this indicator to improve your entry and exit signal decisions.
The indicator also includes a feature to alert you if the trend changes.
How To Download And Use The Supertrend Multi Time Frame Indicator
You can Download the Indicator with the link at the bottom of this page and install it following the below instructions.
The installation is very easy to perform, same is the use.
Once you run the Indicator you can set the necessary parameters.
MT4 Supertrend Multi Time Frame Installation
To install the indicator please follow the instructions below:
- Download the indicator file
- Open the Metatrader Data Folder (In File > Open Data Folder)
- Open the MQL4 Folder
- Copy the file in the Indicators
- Restart Metatrader
For more detailed instruction on how to perform the installation please visit this article.
Please feel free to leave a feedback regarding the indicator or Contact Us for anything else.
I bought this a few weeks ago, I like it very much and now wouldn’t do without it! I always follow the trend and I like to trade the 4hr and Daily charts. Supertrend works wonderfully by giving the overall trend which I believe is essential. Having this little MTF box in the corner of my chart enables me to see exactly where we are with the trend in other time frames without moving away from my trading chart, which is extremely useful. Thank you for doing this, it’s great.
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