Download MetaTrader 5

Watch how to download trading robots for free

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

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

2017.01.19 17:05

EnvelopesATR_Cloud - indicator for MetaTrader 5

| English Русский 中文 Español Deutsch 日本語 Português

votes: 19

Real author: Tor

This is a modified Envelopes indicator for measuring the price deviation. It displays the upper and lower borders of the price deviation from МА calculated considering the average volatility of the symbol according to ATR indicator. The internal lavender-colored indicator channel stands for Envelopes, while the pale light green and pale pink borders are formed by ATR by deviation from the channel.

The indicator uses the classes of SmoothAlgorithms.mqh library (copy it to <terminal_data_folder>\MQL5\Include). The use of the classes was thoroughly described in the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".

The original indicator was developed in the MQL4 language and published in the CodeBase on 19.10.2016.

Fig.1. EnvelopesATR_Cloud indicator

Fig.1. EnvelopesATR_Cloud indicator

Translated from Russian by MetaQuotes Software Corp.
Original code:

CCI_Histogram_Round CCI_Histogram_Round

Standard CCI oscillator implemented as a histogram rounding its values to the standard range.

Exp_ColorJFatl_Digit_ReOpen Exp_ColorJFatl_Digit_ReOpen

The Exp_ColorJFatl_Digit_ReOpen trading system is based on the ColorJFatl_Digit indicator color change with adding to trend-following positions.

Yaanna_HTF Yaanna_HTF

The Yaanna indicator with the timeframe selection option available in the input parameters.

Simple FX Simple FX

The Expert Advisor is based on moving averages crossing.