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Views:: 7366
Rating:: (26)
Published:: 2018.08.16 14:11

Volty channel stops - smooth ATR.mq5 (20.86 KB) view

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One of the indicators that are using ATR for calculation is the Volty Channel Stop indicator too (one version published here : Volty Channel Stop)

This version is replacing the regular ATR with smooth ATR in the channel calculation. It makes the stops "faster" when the market conditions change compared to the "regular" ATR

Smooth ATR trend envelopes of averages

Wilders DMI - averages

Keltner channel - smooth ATR

Smooth ATR

Volty channel stop - smooth ATR - indicator for MetaTrader 5