Supertrend Indicator for MT5: How to Download and Apply It
If you’re using MetaTrader 5 (MT5) for trading stocks, forex, or crypto, you may notice that the Supertrend indicator isn’t available by default.
But don’t worry — with just a few quick steps, you can easily download and apply the Supertrend Indicator on your MT5 platform.
Here’s a complete guide to getting started!
What is the Supertrend Indicator?
The Supertrend indicator is a popular trend-following tool that helps traders identify the market direction clearly.
It uses price volatility (ATR – Average True Range) and a multiplier to plot a line above or below the price:
✅ Green line below price → Bullish (Buy Signal)
✅ Red line above price → Bearish (Sell Signal)
Supertrend is especially useful for trending markets and works great on multiple timeframes.
Does MT5 Have Supertrend Built-In?
No, MetaTrader 5 does not include Supertrend as a default indicator.
You need to download a custom indicator (.mq5 or .ex5 file) and manually install it.
How to Download and Apply Supertrend Indicator on MT5 (Step-by-Step)
Follow these simple steps:
Step 1: Download the Supertrend Indicator File for MT5
- Search for a trusted Supertrend indicator for MT5 (.mq5 or .ex5 file).
- Recommended: Choose sources like MQL5 marketplace or verified trading forums.
Step 2: Open MT5 Platform
- Launch MetaTrader 5 on your computer.
- Click on File > Open Data Folder.
Step 3: Install the Indicator
- Inside the Data Folder, go to:
MQL5 > Indicators - Paste the downloaded Supertrend file into the Indicators folder.
Step 4: Refresh or Restart MT5
- Close and reopen MT5, or refresh the Navigator window.
Step 5: Attach Supertrend to Your Chart
- Go to the Navigator panel → Indicators section.
- Find Supertrend → Drag it onto any chart.
✅ Done! You’ll now see Supertrend lines plotted over your price charts.
How to Customize Supertrend Settings on MT5
When applying the Supertrend indicator, you can adjust these parameters:
| Setting | Description |
|---|---|
| ATR Period | Number of bars used to calculate volatility |
| Multiplier | Defines sensitivity (higher = smoother line) |
| Line Color | Choose green/red or any preferred colors |
| Line Width | Adjust visual thickness for clarity |
Common Supertrend Settings for MT5:
- ATR Period = 10
- Multiplier = 3
✅ You can modify settings anytime by double-clicking the indicator on the chart.
Why Use Supertrend on MT5?
- Clear Trend Detection: Easily recognize bullish and bearish trends.
- Dynamic Stop-Loss: Place stop-loss orders based on Supertrend line.
- Multi-Timeframe Trading: Works on scalping (5-min charts) and swing trading (H4, Daily).
- Customizable Alerts: Some versions allow setting alerts when trend flips.
Pro Tip:
Combine Supertrend with RSI or MACD for better trade confirmations.
Troubleshooting Common Problems
| Issue | Solution |
|---|---|
| Supertrend not showing | Ensure correct folder placement and restart MT5. |
| Indicator errors | Try re-compiling the .mq5 file in MetaEditor. |
| Delayed signals | Adjust ATR Period and Multiplier to fine-tune. |
✅ Conclusion
The Supertrend Indicator for MT5 is a must-have if you prefer clean, simple, and effective trading strategies.
By following the installation steps above, you can start using Supertrend to enhance your trend detection and improve your entries and exits in the market.
📈 Once installed, keep experimenting with settings until you find what works best for your trading style!
✅ FAQs About Supertrend Indicator on MT5
1. Is the Supertrend indicator free for MT5?
Yes! Many versions are available for free download. Just make sure you download from a trusted source.
2. Does Supertrend repaint on MT5?
No, once a candle closes, the Supertrend line remains fixed.
3. Can I use Supertrend on forex and stocks in MT5?
Yes. It works on all markets — forex, stocks, crypto, commodities, and indices.
4. What is the best ATR setting for Supertrend on MT5?
Common starting points:
- ATR Period = 10
- Multiplier = 3
Adjust based on your preferred timeframe.
5. How can I set alerts for Supertrend flips on MT5?
You need a Supertrend version with alerts enabled, or use a simple MT5 custom alert EA.
📈 Internal Linking Suggestions:
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- Supertrend Indicator on MT4: Installation and Setup
- How to Customize Supertrend Indicator Settings for Maximum Accuracy
- Best Supertrend Apps for Mobile Traders in 2025
