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Indicators: Supreme_Diamond.ex4 V1.10, Supreme_TrendHisto.ex4 (Unlocked Unlimited MT4), Template: Supreme.tpl, UserGuide: Information.txt.
Supreme Diamond Indicator
Supreme Diamond is a powerful multi-timeframe trading indicator built on a reversal and trend-following strategy. Designed for precision and reliability, it provides real-time buy and sell signals without repainting, backpainting, or delay — ensuring you trade with confidence.
Key Features
Non-Repainting & Real-Time Alerts: Signals appear exactly when they should, with instant alerts for timely entries.
Two Signal Modes:
Diamond Mode (Recommended): Filters signals to deliver only the best possible entry points, displayed as diamond signals. This mode is optimized for maximum performance and does not allow signal tweaking.
Normal Mode: Activates Bollinger Band-based strategy with customizable band settings for broader signal generation.
Multi-Timeframe Support: Choose the timeframe on which the indicator generates signals (normal mode only).
User-Friendly Alerts & Signal Customization: Configure alert preferences and choose your preferred signal shapes.
How to Trade with Supreme Diamond
Enter a trade when the indicator signals a buy or sell.
Set your stop-loss (SL) at the previous swing low (for buys) or high (for sells).
Use a minimum risk-to-reward ratio (RRR) of 1:1 for take profit (TP).
Recommended Timeframe
The indicator works effectively on any timeframe, allowing flexible use across multiple trading styles.
Parameters
Timeframe for Signals: Select timeframe for signal generation (normal mode only)
Bands Settings: Customize Bollinger Bands (normal mode only)
Use Best Entry as Diamonds: Toggle between normal mode (
False) and diamond mode (True)Alert Settings: Configure alert types and notifications
Signal Shape Options: Customize visual appearance of signals
We strongly recommend using Diamond Mode for the best performance and most reliable trade signals.
