ATR Channels PRT

5

ATR Channels_PRT indicator can be used to identify trend and support and resistance levels.The price chart of a currency pair displays three price channels that are plotted using moving averages and the ATR value.
Indicator settings allow you to assign a specific coefficient to each price channel, which makes it possible to narrow or expand each channel separately.

The ATR Channels_PRT indicator is a multicurrency instrument, so the choice of a timeframe depends solely on the trader’s preference. ATR Channels can be used on any time frame, so you can easily make the indicator an integral part of both a scalping strategy and a long-term strategy.
 
The channel direction angle indicates the direction of the trend. If the channel is directed upwards, positions are opened only for buying, and if downwards, only for selling. If the channel is directed horizontally, the market is flat, so it is worth trading on a rebound from the opposite borders of the channel.
 

You can use this indicator in our versatile ProfRoboTrading Channel EA, in wich you can seamlessly integrate various channel, arrow, and reversal indicators. It offers the flexibility to use all popular channel trading strategies, while also providing powerful tools to customize your trading conditions and risk management system.


ProfRoboTrading Channel EA for MT4:

https://www.mql5.com/en/market/product/140233?source=Site+Market+MT4+New+Rating006


Universal Channel Expert Advisor for MT4:

https://www.mql5.com/en/market/product/135441?source=Site+Market+MT4+Search+Rating006%3aUniversal+Channel+Expert+Advisor


Reviews 2
bohardy
62
bohardy 2025.11.16 02:59 
 

This a great indicator. I have been able to grab consistent gains with it! Can it be adopted to MT5?

Martin Brown
823
Martin Brown 2025.08.25 13:48 
 

Very reliable, particularly on the 1-hour chart. When the market trades through the top line, a reversal is coming. There are other things that have to be taken into consideration, but if you trade reversals, it is a good signal.

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Volume Trend Order Block MT4 Multi TF Scanner
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Special offer :  ALL TOOLS , just   $35   each for a limited time! New tools  will be  $30  for the  first week  or the  first 3 purchases ! Trading Tools Channel on MQL5: Join my MQL5 channel to receive the latest updates Multi-Timeframe & Multi-Symbol Guide:  Multi-Timeframe & Scanner User Guide - Available in 12 Languages See the MT5 version at:  Volume-Trend Order Block MT5 Multi-Timeframe Scanner See the MT4 version at:  Volume-Trend Order Block MT4 Multi-Timeframe Scanner See more product
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Oleg Rodin
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Apollo Striker is an effective BUY/SELL arrow indicator that predicts the direction of price movement. This indicator is suitable for absolutely all traders, regardless of the preferred strategy or currency pair, time frame. This arrow indicator can be used with absolutely any trading instrument, be it currencies, metals, indices, stocks or even cryptocurrencies. Moreover, a trader can easily adapt the indicator signals for any trading pair and time frame using a special parameter in the indicat
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The Trend Line PRO indicator is an independent trading strategy. It shows the trend change, the entry point to the transaction, as well as automatically calculates three levels of Take Profit and Stop Loss protection. Trend Line PRO is perfect for all Meta Trader symbols: currencies, metals, cryptocurrencies, stocks and indices. The indicator is used in trading on real accounts, which confirms the reliability of the strategy. Robots using   Trend Line PRO   and real Signals can be found here:   
UPD1 Volume BOX
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The indicator displays the horizontal volume profile in the specified area (BOX) and the maximum volume (POC). Product Features. 1. You can use ticks or just price. 2. Adaptive grid spacing (M1-MN). 3. Adaptive high volume (median) search step depending on box size. 4. Automatic chameleon color for box lines and buttons. 5. Multiple boxes, easy to create and delete. 6. 70% volume area (enable in settings). 7. There is an alert for touching the maximum horizontal volume line (POC). 8. VWAP. 9. C
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bohardy
62
bohardy 2025.11.16 02:59 
 

This a great indicator. I have been able to grab consistent gains with it! Can it be adopted to MT5?

Martin Brown
823
Martin Brown 2025.08.25 13:48 
 

Very reliable, particularly on the 1-hour chart. When the market trades through the top line, a reversal is coming. There are other things that have to be taken into consideration, but if you trade reversals, it is a good signal.

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