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True Strength Index trade – indicator MetaTrader 5

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True Strength Index trade - indicator for MetaTrader 5
Basics: The true strength index (TSI) is a technical indicator used in the analysis of financial markets that attempts to show both trend direction and overbought/oversold conditions. It was first published William Blau in 1991. The indicator uses moving averages of the underlying momentum of a financial instrument. Momentum is considered a leading indicator of … Read more

Wilder’s Average True Range (ATR) – indicator MetaTrader 4

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Wilder's Average True Range (ATR) - indicator for MetaTrader 4
This indicator implements the original “Average True Range (ATR)” developed by John Welles Wilder Jr., as described in his book—New Concepts in Technical Trading Systems [1978]. It uses Wilder’s moving average, also known as the smoothed moving average (SMMA), instead of a simple moving average (SMA) as used on MetaTrader’s built-in ATR indicator. The default … Read more

Wilder’s Average True Range (ATR) – indicator MetaTrader 5

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Wilder's Average True Range (ATR) - indicator for MetaTrader 5
This indicator implements the original “Average True Range (ATR)” developed by John Welles Wilder Jr., as described in his book—New Concepts in Technical Trading Systems [1978]. It uses Wilder’s moving average, also known as the smoothed moving average (SMMA), instead of a simple moving average (SMA) as used on MetaTrader’s built-in ATR indicator. The default … Read more

ATR – Average True Range – code for beginners by William210 – indicator MetaTrader 5

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ATR beginner tutorial - Terminal
Good morning. All codes, all functions have examples in the official documentation if you want. I wanted to rewrite simpler code, easier to reuse Whether starting out in coding, or need a basic code to evolve quickly, it should help you, as it helps me with my own codes Leave a comment to tell me which one … Read more