Watch how to download trading robots for free
Find us on Telegram!
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

Wilder_ATR - indicator for MetaTrader 5

Views:
5032
Rating:
(10)
Published:
2019.01.02 14:29
Updated:
2019.01.28 07:19
Wilder_ATR.mq5 (7.84 KB) view
Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Wilder ATR is an average true range by J. Welles Wilder

It has two adjustable parameters:

  • Period - calculation period
  • Method - the method of smoothing

Calculations:

Wilder ATR = MA(TR, Period, Method)

where:

TR (True Range) = Maximum(HL, HC, LC)
HL = High-Low
HC = Abs(High-PrevClose)
LC = Abs(Low-PrevClose)


Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/23016

On_Screen_MACD On_Screen_MACD

Indicator On screen MACD

Mean_Reversion Mean_Reversion

Indicator Mean reversion

WSI WSI

Indicator WSI

Fibo_Average2 Fibo_Average2

The Fibo Average2 indicator