Key Features of SuperTrend Oscillator Indicator

This indicator consists of three key components derived from the original SuperTrend:

1. Primary Oscillator – Shows the main trend direction relative to the SuperTrend line.
2. Smoothed Signal Line – An exponentially weighted moving average of the oscillator that reduces noise while maintaining responsiveness.
3. Histogram – Reflects the divergence between the main oscillator and signal line, helping traders identify potential trend strength or weakness.

The oscillator ranges from -100 to 100. Values near extremes indicate a strong trend, while readings around zero suggest consolidation or retracement phases. A reading above zero implies the price is above the SuperTrend line, whereas below zero indicates the opposite.

Technical Functionality

The SuperTrend Oscillator calculates its output by measuring the relative distance between price and the SuperTrend line, normalized through a max-min approach. Extreme values are clipped to maintain stability during volatile market conditions.

The adaptive smoothing applied to the signal line ensures that strong trends remain responsive while minimizing noise in quiet markets. Historical signals are evaluated as valid or false, allowing traders to review past performance directly on the chart.

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Usage and Application

Traders can use the SuperTrend Oscillator on any Forex pair, stocks, commodities, metals, oil, or cryptocurrencies. It works on all timeframes, from 1-minute to monthly charts. The indicator functions similarly to the MACD, with a main line, signal line, and histogram, making it suitable for analyzing trend strength, retracements, and potential reversals.

The histogram is especially useful to spot divergence between price and indicator behavior. If the histogram and main oscillator move in opposite directions, this may signal that a crossover is potentially invalid. Additionally, checkmark or cross symbols on the chart mark whether historical SuperTrend signals were valid.

Customization Options

The indicator provides flexible settings to match different trading strategies:

• Length – Period for the Average True Range (ATR), central to SuperTrend calculations.
• Multiplier (Mult) – Adjusts ATR sensitivity for detecting trend changes.
• Smooth – Controls histogram smoothing for clarity.
• Fixed Transparency – Adjusts chart visibility.
• Show Lines and Labels – Enables or disables visual markers.

These settings help traders tailor the indicator to specific market conditions and personal trading preferences.

The SuperTrend Oscillator Indicator is available for free download for both MT4 and MT5 platforms via ForexCracked.com. Traders are encouraged to practice on demo accounts to fully understand its functionality before live trading.

Conclusion

The SuperTrend Oscillator Indicator is a robust tool for traders seeking more nuanced insights from the classic SuperTrend. While it provides valuable trend, retracement, and historical validation signals, it should be integrated into a broader trading strategy for optimal results. This indicator does not guarantee profits but supports structured decision-making and risk management.

FAQ:

Q1: Can I use the SuperTrend Oscillator on any asset?
A1: Yes, it works on Forex, stocks, commodities, metals, oil, and cryptocurrencies across all timeframes.

Q2: Is the SuperTrend Oscillator suitable for beginners?
A2: Yes, beginners can use it, but demo practice is recommended to understand its signals before trading live.

Q3: Does it provide guaranteed buy/sell signals?
A3: No, it provides data and trend signals to aid decision-making; it does not guarantee profits.

Q4: Can the indicator be customized?
A4: Yes, users can adjust ATR length, multiplier, histogram smoothing, transparency, and visual aids to fit their strategy.

Q5: Is this indicator free for MT4 and MT5?
A5: Yes, the SuperTrend Oscillator Indicator is available for free download for both MT4 and MT5 platforms.

The post SuperTrend Oscillator Indicator MT4 & MT5 FREE Download appeared first on Jazib Trading.

Whether you are a beginner or an experienced trader, this indicator can help you improve your strategy, reduce emotional mistakes, and gain better control over your entries and exits.

What Is the ADX Trend Premium Indicator?

The ADX Trend Premium MT5 Indicator is a modern and improved version of the classic ADX indicator. It not only shows the direction of the trend but also highlights its strength with clear visual signals.

When the market is trending strongly, the indicator displays bright colors showing whether the trend is bullish or bearish. When the market is weak or ranging, the colors fade, warning you to stay out or wait for a new move.

This makes it perfect for traders who want a clean and easy-to-read chart without complicated setups.

Key Features of ADX Trend Premium MT5

• ✅ Works on all timeframes and currency pairs
• ✅ Gives clear BUY and SELL signals
• ✅ Shows the real strength of a trend
• ✅ Sends instant alerts (pop-up, sound, email, and push)
• ✅ Suitable for Forex, indices, gold, and commodities
• ✅ Customizable settings for different strategies
• ✅ No repainting and no lag

The combination of accuracy, simplicity, and speed makes it one of the best free MT5 indicators for trend trading.

How the ADX Trend Premium Indicator Works

The indicator uses the Average Directional Index (ADX) formula to measure how strong a price trend is. The ADX value increases when the market is trending and decreases when the market becomes weak or range-bound.

• When the ADX value rises, it shows the trend is gaining strength.
• When the ADX value falls, it means the trend is losing momentum.

In the ADX Trend Premium version, this calculation is displayed using visual bars or lines that change color depending on the direction of the market:

• 🟩 Green color – Uptrend signal (buy)
• 🟥 Red color – Downtrend signal (sell)
• ⚪ Gray or neutral color – Sideways market or weak trend

Best Settings

While the default settings work well for most traders, you can adjust them to fit your trading style.

Recommended setup:

• Timeframe: M15, M30, H1, H4
• ADX Period: 14
• Trading Style: Trend following / Swing trading

You can also combine this indicator with others such as:

• Moving Average
• RSI (Relative Strength Index)
• MACD
• Support and Resistance levels
• Price Action

This combination helps filter false signals and increases overall accuracy.

How to Trade

Here’s a simple method to trade with this indicator:

1. Wait for a trend color change – When the color switches to green, look for buy opportunities. When it turns red, look for sell opportunities.
2. Confirm the strength – Make sure the ADX line is rising; this confirms the trend is strong.
3. Enter the trade – Enter your position once the candle closes in the direction of the signal.
4. Set Stop Loss and Take Profit – Always use a stop loss below or above recent highs/lows. You can target 1:2 or 1:3 risk-reward ratios.
5. Exit the trade – Close the position when the indicator color weakens or changes direction.

This simple approach keeps trading decisions logical and emotion-free.

Tips for Better Trading

• Use it on higher timeframes like H1 or H4 for more accurate results.
• Avoid trading during major economic news or high volatility periods.
• Always confirm signals with at least one more indicator.
• Stick to your trading plan and manage risk properly.

The indicator is not meant to guarantee profits, but it provides a powerful edge when used with proper analysis and discipline.

Why Choose ADX Trend Premium MT5 Indicator

There are many ADX-based indicators online, but most are complex or hard to read. The ADX Trend Premium focuses on clarity and usability. It is visually optimized and easy to understand at a glance.

Even if you’re new to Forex trading, you can easily learn how to use it within minutes. It’s lightweight, fast, and does not slow down your MT5 terminal.

Thousands of traders use ADX-based tools daily to identify trends — and this premium version gives you that power completely free.

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How to Install the ADX Trend Premium Indicator in MT5

1. Download the indicator file (.ex5) from the link below.
2. Open MetaTrader 5.
3. Go to File → Open Data Folder → MQL5 → Indicators.
4. Paste the downloaded file into the folder.
5. Restart MT5 and open your chart.
6. Go to Insert → Indicators → Custom → ADX Trend Premium.

Now your indicator is ready to use. Adjust colors and settings according to your preference.

Final Thoughts

The ADX Trend Premium Indicator for MT5 is a must-have tool for traders who rely on trend following strategies. It’s simple, reliable, and gives you a clear picture of market direction and strength.

By combining it with other confirmations and following strict risk management, you can improve your success rate and build consistency in trading.

This free version offers premium-level performance — helping you stay on the right side of the market every time.

The post ADX Trend Premium MT5 Forex Indicator Free Download appeared first on Jazib Trading.