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Indicators

DayATR - indicator for MetaTrader 4

Mikhail Sergeev | English Русский Deutsch 日本語 Português
Views:
9231
Rating:
(11)
Published:
2016.02.01 09:14
Updated:
2016.11.22 07:32
Download as ZIP, How to download code from MetaEditor
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DayATR is the Average True Range indicator, in which the indicator period is calculated automatically using the number of bars of the current day.

Timeframe: M1-D1. At the first run, the indicator needs some time for calculation.

DayATR

Recommendations:

  • Use it for making decisions during intraday trading.

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/13470

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