Watch how to download trading robots for free
Find us on Facebook!
Join our fan page
Interesting script?
So post a link to it -
let others appraise it
You liked the script? Try it in the MetaTrader 5 terminal
Indicators

ATR adaprive EMA - multi time frame - indicator for MetaTrader 5

Views:
6301
Rating:
(12)
Published:
2018.08.24 10:42
Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

There a lot of ways how some indicators can be made adaptive instead of calculating fixed periods.

One, less known method, is to use normalized ATR (Average True Range) for making the calculation adaptive. And since EMA (Exponential Moving Average) is a a good candidate for being adaptive (it allows fractional periods for calculation), this EMA is using ATR for adaptive EMA calculations and it is already a standalone multi time frame indicator too.

In this version timeframes supported are all the possible timeframes supported by MetaTrader 5 and it has 3 "special" timeframes:

  • Next higher timeframe: first higher timeframe compared to active chart.
  • Second higher timeframe: second higher timeframe compared to active chart.
  • Third higher timeframe: third higher timeframe compared to active chart.

Trading the trend - histogram Trading the trend - histogram

Trading the trend - histogram

PGO TM smoothed PGO TM smoothed

PGO TM smoothed

QQE of Velocity - multi time frame QQE of Velocity - multi time frame

QQE of Velocity - multi time frame

STD Trend Envelopes of Averages - multi time frame STD Trend Envelopes of Averages - multi time frame

STD Trend Envelopes of Averages - multi time frame