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Smoothened Normalised ATR

MQL5 Indicators Converting

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Execution time 25 minutes
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Specification

Hi I have a requirement to convert a Smoothened Normalized ATR indicator from TradingView/Pinescript to MT5. See below summary and attached code

  • Calculate the ATR of a financial instrument using whichever lookback period required.

  • Normalize the ATR between 0 and 1 using the basic normalization function defined below:

  • Calculate a 13-period weighted moving average on the normalized values from the previous step (MUST USE WMA function as per the attached file)

  • This is a indicator in a separate window (bounded between 0 and 1)

    Files:

    TXT
    Smoothed_Normalized_ATR.txt
    438 b

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    Project information

    Budget
    30 - 40 USD