MTF SuperTrend + DMI Quant Scalper

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mohamedreda_abdo

mohamedreda_abdo

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What Is This Indicator?

MTF SuperTrend + DMI Confluence is an all-in-one trend direction, momentum strength, and volatility projection indicator. It upgrades the classic SuperTrend by combining multi-timeframe trend alignment, Directional Movement Index (DMI / ADX) momentum filtering, and ATR volatility bands into a single visual overlay on your chart.

Instead of cluttering your screen with multiple separate oscillators, this indicator filters out choppy market noise automatically and projects dynamic ATR-based price zones (TP1, TP2, TP3, and Invalidation / Breakeven levels) directly on the main price chart.

How to Read the Indicator on Your Chart

  2. Primary SuperTrend Line (Green / Red):
  3. Green Line: Indicates a local bullish trend structure (dynamic support).
  4. Red Line: Indicates a local bearish trend structure (dynamic resistance).
  6. Higher Timeframe (HTF) Trend Line (Gold / Yellow):
  7. Represents the macro trend baseline (default 4x current timeframe, e.g., 60m trend on a 15m chart).
  8. Confirmed on closed bars so it never repaints.
  9. When price is above the Gold line and the local line turns Green, both timeframes are in bullish alignment.
  11. Dynamic ATR Projection Bands & Shaded Zones: When all 4 indicator filters align (Local SuperTrend flip + HTF SuperTrend alignment + ADX > 22 + ATR > 50-bar Average), the indicator draws horizontal reference bands:
  12. Gray Line (Reference Level): The closing price where the confluence signal occurred.
  13. Aqua, Teal, and Lime Lines (1.0x, 2.0x, and 3.5x ATR): Upper/lower volatility expansion targets shaded in Soft Green.
  14. Fuchsia / Gold Line (1.5x ATR Invalidation / Breakeven Level): Shows the volatility invalidation band shaded in Soft Red. Once price reaches the first ATR band (TP1), the lower zone automatically shifts to the reference price and turns Gold, visually indicating that the move has achieved its first volatility expansion milestone.

How to Use This Indicator (Step-by-Step Guide)

🟢 Bullish Confluence Setup

  1. Check the Macro Filter: Wait for the HTF Trend Line (Gold) to be in a bullish regime below price.
  2. Wait for the Bullish Marker: Look for theLocal SuperTrend to flip from Red to Green accompanied by a Green Circle / Label. This confirms that:
  3. Local trend has flipped bullish.
  4. Higher timeframe trend is bullish.
  5. Trend strength is active (ADX > 22 and +DI > -DI).
  6. Market volatility is expanding (ATR(14) is above its 50-period average).
  7. Monitor the ATR Projection Bands:
  8. Use the Aqua (1.0x ATR), Teal (2.0x ATR), and Lime (3.5x ATR) lines as objective resistance/target zones.
  9. Once the TP1 Marker (Aqua Circle) appears, notice how the shaded risk zone turns Gold, signaling that the initial move is confirmed and the baseline support has shifted up to the Gray reference line.

🔴 Bearish Confluence Setup

  1. Check the Macro Filter: Wait for the HTF Trend Line (Gold) to be in a bearish regime above price.
  2. Wait for the Bearish Marker: Look for the Local SuperTrend to flip from Green to Red accompanied by a Red Circle / Label, confirming alignment across local trend, HTF trend, ADX > 22 (-DI > +DI), and expanding ATR volatility.
  3. Monitor the ATR Projection Bands:
  4. Follow the downward Aqua (1.0x ATR), Teal (2.0x ATR), and Lime (3.5x ATR) projection bands as objective support/target levels, while using the Fuchsia / Gold line as the upper invalidation boundary.

Indicator Settings & Customization

  • Local SuperTrend Factor & ATR Length (Default: 3.0 / 10): Controls the sensitivity of the main Green/Red trend line. Lower values react faster; higher values smooth out minor pullbacks.
  • HTF SuperTrend Factor & ATR Length (Default: 5.0 / 40): Controls the macro Gold trend filter (40 periods on a 15m chart corresponds to 60m ATR).
  • DMI / ADX Length & Threshold (Default: 14 / 22.0): Filters out sideways ranges. Increase the threshold (e.g., to 25.0) for stricter trend filtering, or lower it (e.g., to 18.0) for more frequent signals.
  • Volatility Filter Average Length (Default: 50): Ensures signals only appear when current ATR exceeds its 50-bar average.
  • ATR Band Multiples (1.0x, 2.0x, 3.5x, and 1.5x): Customize the distance of the projected upper and lower ATR bands to match your preferred market volatility profile.
  • Show Labels / Highlight Zones: Toggle text callouts and shaded zones on or off for a cleaner chart view.
supertrend
multitimeframe
adx
trendindicator
© Licensed under MIT

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