ATR Ratio SuperTrend [BeyondTrading]
The ATR Ratio SuperTrend combines two powerful concepts into a single, clean signal. The SuperTrend defines the dominant trend β green means bullish, red means bearish. The ATR Ratio measures where price sits within its recent volatility range, filtering out weak signals and keeping only the ones that actually have momentum behind them.
When both align β trend direction confirmed and price breaking a key volatility threshold β an arrow prints. No repainting, no noise. Just high-conviction entries backed by structure.
Take Profit levels are built in. Set your target percentage, and the indicator automatically marks the exit when price hits it β long and short, independently configurable.
What makes it different
Most SuperTrend indicators give you every crossover. This one filters them through a volatility ratio that only triggers when price is genuinely breaking out of its range β not just drifting. Fewer signals, better quality.
Features
- SuperTrend line colored live β green uptrend, red downtrend.
- Long and short arrows on high-conviction breakouts only.
- Built-in Take Profit detection with visual markers.
- Fully configurable ATR length, multiplier, lookback, factor, and TP percentage.