ATR

Average of ATR – indicator MetaTrader 4

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Average of ATR indicator (AATR) MetaTrader 4
This is a custom indicator MetaTrader 4. ATR has been well known as market volatility indicator, ATR bring insight of market strength conditions within specified period. Average of ATR (AATR) is simple but effective indicator to confirm any price action trading strategy. This compares ATR to its own average. Confirmation rule is simple, scan for … Read more

Envelopes ATR MT5 – indicator MetaTrader 5

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Envelopes ATR MT5 - indicator for MetaTrader 5
This is a modified Envelopes indicator for measuring the price deviation. It displays the upper and lower borders of the price deviation from МА calculated considering the average volatility of the symbol according to ATR indicator. The deviation may be displayed as ATR deviation and standard МА deviation simultaneously. The indicator has been created upon … Read more

Ultra – ATR scalping tool – indicator MetaTrader 4

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Spread alert
Experimental indicator I wrote for myself. It’s made to show some reference (it’s more like a rifle scope, than a rifle). Main components are pip scale, ATR/pivot, MA level, RSI, and spread alert. Can be used on any timeframe, but since it’s made for scalping it is somewhat adjusted for M1-M15. Pips Scale Settings: Scale … Read more

The volume based ATR indicator – indicator MetaTrader 5

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The volume based ATR indicator - indicator for MetaTrader 5
Custom ATR. The indicator values are calculated based on the current day’s High-Low and current day’s High – previous day’s Close or current day’s Low – previous day’s Close. There are three adjustable parameters: Period of indicator – indicator calculation period; Use volume – use volumes in calculations. If the parameter is set to “yes”, … Read more