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Published:

2018.10.25 18:11

Average_True_Range_Bands.mq5 (13.86 KB) view

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Average True Range Bands indicator displays bands on the true average range.

It has four inputs:

ATR period - ATR calculation period
Deviation - deviation (bands channel width)
Calculating mode

Close - by Close price
High/Low - by High/Low prices

Show deviation line

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/22371

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Average_True_Range_Bands - indicator for MetaTrader 5