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ATR MT4 Indicator by PipTick

The ATR indicator is a helpful tool for measuring the range of bars. It quickly and easily helps evaluate the ATR's current spread (range), which is especially useful for VSA traders. The indicator for classifying the range of bars (candles) uses the moving average and its multiples. Accordingly, the area where the volume is located (relative to the moving average) is labeled as ultra-low, low, average, high, very high, or ultra-high. Our ATR indicator is rendered as a histogram.

This indicator can calculate the moving average by four methods:

  • SMA - Simple Moving Average
  • SMMA - Smoothed Moving Average
  • EMA - Exponential Moving Average
  • LWMA - Linear Weighted Moving Average


Interpretation

By default, there are six zones that the user can change. Then, depending on which zone corresponds to the ATR, the histogram bar is colored by the appropriate color. This way, you can easily recognize how high the ATR (spread/range) is compared to the previous bars.

  • Ultra Low ATR zone - gray
  • Low ATR zone - white
  • Average ATR zone - aqua
  • High ATR zone - deep sky blue
  • Very High ATR zone - royal blue
  • Ultra High ATR zone - blue


Main Features

  • A simple classification of a range of bars
  • Several optional calculation methods
  • User selectable ranges of the zones
  • Works on every timeframe (M1, M5, M15, M30, H1, H4, D1, W1, and MN)
  • A very fast and reliable indicator
  • Customizable parameters (colors, line thickness, MA period, etc.)


Please visit the ATR indicator product page for the input and output parameters settings.

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GET 10% OFF NOW! Last 2 copies at current price! An exclusive indicator that utilizes an innovative algorithm to swiftly and accurately determine the market trend. The indicator automatically calculates opening, closing, and profit levels, providing detailed trading statistics. With these features, you can choose the most appropriate trading instrument for the current market conditions. Additionally, you can easily integrate your own arrow indicators into Scalper Inside Pro to quickly evaluate t
M1 Arrow
Oleg Rodin
5 (13)
Eine Intraday-Strategie, die auf zwei Grundprinzipien des Marktes basiert. Der Algorithmus basiert auf der Analyse von Volumina und Preiswellen mit zusätzlichen Filtern. Der intelligente Algorithmus des Indikators gibt nur dann ein Signal, wenn sich zwei Marktfaktoren zu einem vereinen. Der Indikator berechnet Wellen eines bestimmten Bereichs auf dem M1-Diagramm unter Verwendung der Daten des höheren Zeitrahmens. Und um die Welle zu bestätigen, verwendet der Indikator eine Volumenanalyse. Dieser
First of all Its worth emphasizing here that this Trading Tool is Non-Repainting Non-Redrawing and Non-Lagging Indicator Which makes it ideal for professional trading . The Smart Price Action Concepts Indicator is a very powerful tool for both new and experienced traders . It packs more than 20 useful indicators into one combining advanced trading ideas like Inner Circle Trader Analysis and Smart Money Concepts Trading Strategies . This indicator focuses on Smart Money Concepts providing in
Wir stellen Ihnen ON Trade Waves Patterns Harmonic Elliot Wolfe vor, einen fortschrittlichen Indikator, der entwickelt wurde, um verschiedene Markt-Muster mithilfe sowohl manueller als auch automatischer Methoden zu erkennen. Hier ist, wie er funktioniert: Harmonische Muster: Dieser Indikator kann harmonische Muster erkennen, die auf Ihrem Chart erscheinen. Diese Muster sind für Trader, die die Theorie des harmonischen Handels praktizieren, wie sie in Scott Carney's Buch "Harmonic Trading vol 1
The breakout algorithm is a technique based on price, price features, to shape a breakout strategy. The strategy in this indicator will not be redrawn (none-repaint indicator), it is suitable for short or long term traders In the screenshot is the EURUSD pair, these currency pairs, commodities or stocks, it have similar strength *Non-Repainting (not redrawn) *For Metatrader4 Only *Great For Scalping *Great For Swing Trading *Arrow Entry, Green is Long, Red is Short *Works On Any Timeframe *Work
Dieses Dashboard ist ein Warntool zur Verwendung mit dem Indikator für die Umkehrung der Marktstruktur. Sein Hauptzweck besteht darin, Sie auf Umkehrmöglichkeiten in bestimmten Zeitrahmen und auch auf die erneuten Tests der Warnungen (Bestätigung) aufmerksam zu machen, wie es der Indikator tut. Das Dashboard ist so konzipiert, dass es auf einem eigenen Chart sitzt und im Hintergrund arbeitet, um Ihnen Benachrichtigungen zu Ihren ausgewählten Paaren und Zeitrahmen zu senden. Es wurde entwickelt,
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Antwort auf eine Rezension
Version 1.4 2021.12.03
Updated for a new version of MT4
Version 1.3 2016.04.05
Position of input parameters changed
Version 1.2 2015.02.16
New buffers descriptions (Data Window).
Added new buffer called "Type" for recognizing type of ATR.

Types:

1. Ultra Low
2. Low
3. Average
4. High
5. Very High
6. Ultra High