Bat Atr Super Signals Indicator (MT4)

About the Bat ATR Indicator

Bat Atr is a free non-repaint Forex indicator for MT4 that delivers super signals on the chart, and it works for both trade entry and exit.

Ideal for both trend-following and counter-trend strategies, the indicator visually displays arrow signals on the chart, making it easy to use for traders of all experience levels.

The indicator does all the hard work for you and paints the buy and sell signal lines in real-time on the chart.

Bar Atr is always active in the market, either with a buy position or a sell position.

Key Takeaways:

• A blue colored Bat Atr signal line suggests a buy trend.
• A red colored Bar Atr signal line suggests a sell trend.
• Works extremely well in trending markets.

Free Download:

Download the “bat-atr.mq4” indicator for MT4

Benefits of Using the Indicator

• Combines volatility and price action for accurate signals
• Easy-to-follow visual alerts (blue and red signal lines)
• Reduces emotional trading decisions
• Improves entry timing and trade confidence
• Works as a standalone system or with other tools

Indicator Example Chart (EUR/USD H1)

How to Trade Using This Indicator

Follow these simple rules to use the BAT ATR Super Signals effectively:

• Execute a buy trade as soon as the Bat Atr indicator starts drawing the blue signal line on the chart.
• Execute a sell trade as soon as the Bat Atr indicator starts drawing the red signal line on the chart.
• Close and reverse the position whenever an opposite trading signal arrives on the chart.

Feel free to use your favorite trading method or system to open and close trades with the Bat Atr Forex indicator.

Download Now:

Download the “bat-atr.mq4” indicator for Metatrader 4

BAT ATR Super Signals + ASO Forex Trend Signal Oscillator Strategy for MT4

This strategy combines the volatility-based precision of the BAT ATR Super Signals Indicator with the momentum and trend confirmation power of the ASO Forex Trend Signal Oscillator.

By blending these two indicators, traders can identify strong trend setups with well-timed entries and manage trades more effectively using ATR-based signals.

This system is suitable for intraday and swing trading on M15 to H1 timeframes.

What Is This Strategy About?

The BAT ATR Super Signals indicator generates buy and sell alerts based on Average True Range (ATR) volatility and price action, highlighting potential trend reversals or continuation points with high accuracy.

The ASO Forex Trend Signal Oscillator confirms the overall trend direction and momentum strength, filtering trades to align with the dominant market movement.

Using both indicators together helps traders avoid false signals and trade with confidence.

How the Indicators Work Together

1. BAT ATR Super Signals Indicator

This indicator uses ATR to gauge market volatility and combines it with price action signals to produce clear buy and sell alerts.

The ATR component allows the signals to adapt to changing market conditions, improving timing and reducing noise.

2. ASO Forex Trend Signal Oscillator

The ASO indicator is a momentum oscillator that provides trend direction and strength.

It displays bullish or bearish conditions with visual signals, helping traders confirm whether the market environment supports the BAT ATR signals.

Buy Rules

• Wait for a Buy Signal from the BAT ATR Super Signals indicator.
• Confirm that the ASO oscillator shows bullish momentum (e.g., green bars or positive values).
• Look for price action confirmation, such as a bullish candle closing above recent resistance.
• Enter long at the close of the BAT ATR buy signal candle.
• Set stop loss below the recent swing low or ATR-based volatility band.
• Take profit at key resistance levels or use a trailing stop based on ATR to capture larger moves.

Sell Rules

• Wait for a Sell Signal from the BAT ATR Super Signals indicator.
• Confirm bearish momentum on the ASO oscillator (e.g., red bars or negative values).
• Ensure price closes below recent support or shows bearish price action.
• Enter short at the close of the BAT ATR sell signal candle.
• Place a stop loss above the recent swing high or ATR volatility band.
• Target support zones or trail stops with ATR to maximize profits.

Case Study Example

GBP/USD M15 Chart Analysis (2-Week Sample Period):

• Total Signals: 32 trades
• Winning Trades: 22 (68.7%)
• Average Win: +26 pips
• Average Loss: -14 pips
• Net Result: +443 pips over the testing period

Advantages of the Strategy

• Volatility Adaptiveness: ATR-based signals adjust to market conditions, reducing whipsaws.
• Clear Trend Confirmation: ASO oscillator filters trades, improving entry quality.
• Effective Risk Management: Stop losses and trailing stops based on ATR improve trade management.
• Suitable for Multiple Timeframes: Works well on M15 to H1 for intraday and swing trades.

Drawbacks and Considerations

• It may generate fewer signals during low volatility periods.
• False signals can occur if ASO momentum signals lag during rapid market reversals.
• Requires discipline in following stop loss and trailing stop rules to avoid large losses.

Conclusion

The combination of the BAT ATR Super Signals and ASO Forex Trend Signal Oscillator indicators creates a robust MT4 strategy that blends volatility sensitivity with momentum confirmation.

This approach helps traders identify high-probability entries while managing risk dynamically, making it ideal for traders seeking precise signals in trending markets.

Indicator Specifications

Final Words

The BAT ATR Super Signals Indicator is an excellent tool for traders who want clear and actionable signals driven by volatility.

It simplifies the decision-making process with its Aqua and Magenta arrows and is effective in both trending and ranging market conditions.

Download it now, test it on your preferred currency pairs, and incorporate it into your trading strategy to capture pips with precision.