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Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

votes: 14
2016.01.20 10:24
2016.11.22 07:32
atrrange.mq5 (11.98 KB)view

Real author:


The indicator, that determines the moments of the lowest volatility.

For manual trading — wait for the signal on the hourly chart (red, blue or yellow marks) and place breakout orders in both directions.

After a period of low volatility there is usually an impulse, which should be used. In 50% of cases the impulse is preceded by a false breakout in the opposite direction, therefore it is necessary to provide a possibility to revert after a stop triggers.

Originally this indicator has been written in MQL4 and was first published in the Code Base on 06.05.2015.

Figure 1. The AtrRange indicator

Figure 1. The AtrRange indicator

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/14398

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