The SuperTrend Bulls Eye is a revolutionary evolution in technical analysis tools, redefining how traders interact with one of the most trusted trend-following indicators of all time: the SuperTrend. Unlike traditional versions that rely on fixed settings, this advanced indicator introduces self-optimization and intelligent scanning—making it adaptable across markets, timeframes, and chart types.
Whether you're trading stocks, forex, commodities, or cryptocurrencies, SuperTrend Bulls Eye dynamically adjusts to deliver optimized entry and exit signals based on historical performance. This guide dives deep into its mechanics, benefits, and platform-specific features—empowering traders to harness data-driven decisions with precision.
Understanding the Original SuperTrend
Before exploring the enhancements of SuperTrend Bulls Eye, it's essential to understand the foundation: the classic SuperTrend indicator.
Developed by French trader Olivier Seban in his book Everybody Deserves to be Rich, the SuperTrend has become a cornerstone for trend-following strategies. It operates on a simple yet powerful principle:
"When the trend reverses upward, go long with a trailing stop. When it reverses downward, go short with a trailing stop."
This creates an always-in-the-market (AITM) or stop-and-reverse system—meaning the indicator never suggests being flat. Instead, every signal flips the position direction, ensuring constant market exposure.
How the Classic SuperTrend Works
The indicator uses two core parameters:
- Period: Determines the lookback window for calculating the Average True Range (ATR), a volatility measure.
- Multiplier: Sets how many times the ATR value the trailing stop should trail behind price.
For example, using a 14-period ATR and a multiplier of 2 means the stop-loss line trails the price by 2 × ATR(14). When price crosses this line, a new trade signal is generated in the opposite direction.
On charts, green triangles indicate long entries; red triangles signal short entries. The visual simplicity makes it accessible—even for beginners—while remaining effective for experienced traders.
👉 Discover how dynamic trend signals can transform your trading strategy.
Why Traditional SuperTrend Falls Short
Despite its popularity, the classic SuperTrend has a critical flaw: static settings.
There’s no universal “best” combination of period and multiplier. What works on daily Bitcoin charts may fail on 5-minute gold futures. Traders often guess or reuse settings across instruments—a practice that sacrifices performance.
This is where SuperTrend Bulls Eye steps in as a game-changer.
Introducing SuperTrend Bulls Eye: The Self-Optimizing Evolution
SuperTrend Bulls Eye isn’t just an upgrade—it’s a paradigm shift. It automatically finds the optimal Period and Multiplier settings for any given market condition, timeframe, or asset.
It does so through two powerful modes:
- Auto-Optimization: Instantly tests thousands of parameter combinations to identify the most profitable setup.
- Manual Optimization: Displays real-time performance metrics so users can fine-tune settings interactively.
This intelligence ensures you’re always using the version of SuperTrend that performed best historically on that specific chart.
Core Features Across Platforms
SuperTrend Bulls Eye supports major trading platforms including NinjaTrader 8, TradingView, MotiveWave, ThinkOrSwim, and MetaTrader 4/5—with consistent functionality tailored to each environment.
Key features include:
- Optimized entry/exit signals
- Real-time win rate and profitability statistics
- Cross-platform alerting
- Advanced scanning capabilities (Generation 3 Scanning)
- Full integration with strategy builders and watchlists
Win Rates & Performance Analytics
One of the standout aspects of SuperTrend Bulls Eye is its built-in performance panel, which displays actionable trading insights such as:
- Profit Factor
- Total PnL (in ticks or currency)
- Number and win rate of long vs. short trades
- Average trade duration
- Backtest start date and input configuration
These stats are visible directly on your chart—typically in the top-right corner (customizable on NinjaTrader, TradingView, and MotiveWave). On ThinkOrSwim, they appear as labeled chart elements.
Knowing past performance helps traders assess confidence in current signals and filter out underperforming setups.
Auto vs. Manual Optimization by Platform
Each platform handles optimization differently:
NinjaTrader 8 & MotiveWave: Fully Automatic
Click “Optimize,” and the indicator runs a full backtest across all defined parameter ranges. Enable “Automatically Optimize” to refresh settings every time the chart loads.
TradingView: Seamless Auto-Optimization
Set “Optimize Parameters” to Yes, and the best settings apply instantly without manual input.
ThinkOrSwim: Manual Optimization with Real-Time Feedback
Adjust Period and Multiplier values while watching performance metrics update live. Follow this quick process:
- Test Multiplier values from 1 to 8 (step: 1), keep the best performer.
- Test ATR Period values from 5 to 25 (step: 5), pick optimal setting.
- Refine further if needed.
This elimination method makes optimization intuitive—even without automation.
👉 See how real-time performance feedback can sharpen your edge in live markets.
Generation 3 Scanning: Smarter Signal Discovery
Traditional scanners detect signals using fixed parameters. SuperTrend Bulls Eye goes beyond—it scans with self-optimized settings per symbol.
We call this Generation 3 Scanning.
As the scanner runs, the indicator optimizes itself for each instrument independently. You’re not just finding buy/sell signals—you’re finding signals generated by the most profitable configuration for that asset.
Additionally, it exports Profit Factor as a plot, enabling scans filtered by performance—not just direction.
Platform-Specific Scanning Capabilities
- NinjaTrader 8: Use Market Analyzer with custom columns for signal and profit factor detection.
- MotiveWave: Create study-based scans with criteria like "Buy Signal" or "Profit Factor > 1.5".
- ThinkOrSwim: Utilize pre-built scan queries: Buy, Sell, and ProfitFactor—ideal for watchlist sorting.
- TradingView: While custom signal scans aren’t supported yet, use free screeners to identify high-performing symbols using visual cues and strategy filters.
Integration With Trading Ecosystems
SuperTrend Bulls Eye isn’t isolated—it integrates deeply with platform ecosystems:
NinjaTrader 8
- Compatible with Alerts, Strategy Builder, Market Analyzer
- Works with third-party tools like BloodHound and BlackBird (plot data accessible)
TradingView
- Full alert support with webhook compatibility (e.g., {{plot_0}})
- PineConnector integration for automated execution
MotiveWave
- Alerts, watchlists, and Strategy Builder fully support all plots
- Build conditional strategies (e.g., only trade entries when Profit Factor > 1.3)
ThinkOrSwim
- Built-in alerts for entry signals
- “Smart Scanning” allows filtering by profitability metrics
- Watchlist columns show Profit Factor, win rate, and current signals
Detailed Settings & Optimization Logic
The indicator offers two setting groups: Manual and Optimizer.
When “Optimize Parameters” is off, manual inputs control behavior. When on, the optimizer tests combinations within user-defined ranges:
For each parameter:
- Start, End, and Increment define test boundaries
- Example: Multiplier from 1 to 4 (increment: 1) = test values [1, 2, 3, 4]
It evaluates every possible combination of Period × Multiplier × (optional) Trail Stop % (in Percent Trailing mode), then selects the highest-performing set based on Profit Factor or total PnL.
You can also switch between:
- Classic SuperTrend Mode
- Percent Trailing Mode – replaces ATR-based stops with percentage-based trailing stops for more consistent risk management
Frequently Asked Questions (FAQ)
Q: What makes SuperTrend Bulls Eye different from regular SuperTrend?
A: It self-optimizes parameters using historical data to find the most profitable settings automatically—something standard SuperTrend cannot do.
Q: Can I use it on multiple timeframes?
A: Yes. The optimization adapts to each timeframe, making it effective from 1-minute charts to monthly views.
Q: Is coding knowledge required?
A: No. The indicator is plug-and-play across supported platforms with no programming needed.
Q: Does it work for both long-only and short-only strategies?
A: Absolutely. Reverse signals can be interpreted as exits if you prefer directional bias.
Q: How often should I re-optimize?
A: With auto-optimization enabled, it recalculates on chart load. For manual use, weekly review is recommended.
Q: Can I automate trades with this indicator?
A: Yes—via platform-native tools like NT8 Strategy Builder or TOS custom strategies that read its signal plots.
👉 Unlock automated trading potential with optimized trend signals.
Final Thoughts
SuperTrend Bulls Eye transforms a classic indicator into a smart, adaptive tool capable of thriving in diverse market environments. By combining self-optimization, performance analytics, and intelligent scanning, it empowers traders to move beyond guesswork and embrace data-backed decision-making.
Whether you're building automated systems or refining manual entries, this tool elevates your trend-following game—across platforms, assets, and timeframes.
For serious traders seeking consistency and edge, SuperTrend Bulls Eye isn’t just an upgrade—it’s essential infrastructure.