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- Published:
- 2013.07.30 21:42
- Updated:
- 2016.11.22 07:32
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A trend indicator implemented in the form of NRTR. The timeframe of the indicator is set in the input parameters of the indicator:
//+----------------------------------------------+ //| Input parameters of the indicator | //+----------------------------------------------+ input ENUM_TIMEFRAMES TimeFrame=PERIOD_H6; // Chart period of the iSAR indicator input uint Length=10; // The indicator period input uint ATRPeriod=5; // The period of the ATR indicator input double Kv=2.5; // Volatility by ATR input int Shift=0; // Horizontal shift of the indicator in bars
Average True Range is used for constructing a moving average.
Place the compiled file of the ATRStops_v1.ex5 indicator in terminal_data_folder\MQL5\Indicators.
This indicator was first implemented in MQL4 and published in Code Base at mql4.com on 07.04.2008.
Figure 1. The ATRStops_v1_HTF indicator
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/1766
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