Session Median ATR Pro

What this indicator does

ATRMEDIAN TimeFilter plots three volatility lines in a separate window:

  1. ATR (reference) – classic ATR for comparison

  2. MedianRange (Median True Range) – median of True Range values, calculated only from bars inside your chosen time window

  3. MedianRange_MA – moving average of MedianRange that updates only when a new median value is produced (stable line; no “fake” updates)

Why Median True Range (instead of “just ATR”)?

Classic ATR can be distorted by one-off spikes (news, bad ticks, thin liquidity).
MedianRange uses the median of True Range samples, which significantly reduces the influence of extreme outliers and provides a cleaner “typical volatility” estimate for:

  • risk sizing / volatility targeting

  • SL/TP distances

  • regime filters (quiet vs active market)

  • breakout/mean-reversion thresholds

Liquidity Time Filter (the “high-volume hours only” concept)

You can restrict MedianRange to intraday time windows that usually have higher participation and volume (e.g., London/NY session overlap). This helps you avoid volatility readings polluted by:

  • low-volume chop

  • spread spikes and random wicks

  • illiquid rollover/transition hours

✅ Supports overnight windows too (e.g., 22:00–03:00).
ℹ️ Works intraday only; D1 and higher ignore the filter (by design).
⚠️ Time window is based on broker/server time.

Visual tools (optional)

  • Session start/end markers (vertical lines)

  • Calculation range boxes (shows which bars are used for the median window)

  • Last candle range projection (draws a box showing the selected range type: ATR / MedianRange / MedianRange_MA)

Indicator buffers (for EAs / iCustom)

  • Buffer 0: ATR

  • Buffer 1: MedianRange

  • Buffer 2: MedianRange_MA

Inputs / Parameters (English)

Input Type Default Meaning
InpSourceTimeframe ENUM_TIMEFRAMES PERIOD_CURRENT Timeframe used for calculations (can differ from chart TF).
InpRangePeriod int 14 Period for ATR and MedianRange sample window.
InpMedianMaPeriod int 10 Moving average period applied to MedianRange.
InpMedianMaType enum (SMA/EMA/SMMA/LWMA) SMA MA type for MedianRange_MA.
InpTimeFilterEnabled bool true Enables the intraday time filter for MedianRange.
InpFilterStartHour int 8 Filter start hour (server time).
InpFilterStartMinute int 0 Filter start minute.
InpFilterEndHour int 20 Filter end hour (server time).
InpFilterEndMinute int 0 Filter end minute.
InpCalculateOnlyOnNewBar bool true Recalculate only when a new source bar forms (efficient + stable).
InpHoldLastValidValue bool true If no valid value, carry forward last valid value (smoother series).
InpDisplayLastValidInsideFilter bool false Controls whether carried values are displayed inside the filter window.
InpShowAtrLine bool true Show/hide ATR line.
InpShowMedianLine bool true Show/hide MedianRange line.
InpShowMedianMaLine bool true Show/hide MedianRange_MA line.
InpShowTimeFilterMarkers bool false Draw vertical markers for filter start/end on the main chart.
InpMarkerDaysToDraw int 5 How many past days to draw markers for.
InpAtrColor color DodgerBlue ATR line color.
InpMedianColor color DarkOrange MedianRange line color.
InpMedianMaColor color LimeGreen MedianRange_MA line color.
InpAtrLineStyle ENUM_LINE_STYLE DASH ATR line style.
InpMedianLineStyle ENUM_LINE_STYLE SOLID MedianRange line style.
InpMedianMaLineStyle ENUM_LINE_STYLE SOLID MedianRange_MA line style.
InpAtrLineWidth int (1..5) 2 ATR line width.
InpMedianLineWidth int (1..5) 2 MedianRange line width.
InpMedianMaLineWidth int (1..5) 2 MedianRange_MA line width.
InpMarkerStartColor color Teal Start marker color.
InpMarkerEndColor color IndianRed End marker color.
InpMarkerLineStyle ENUM_LINE_STYLE DOT Marker line style.
InpMarkerLineWidth int (1..5) 1 Marker line width.
InpShowCalcRangeBoxes bool false Draw boxes for bars used in the median window.
InpCalcRangeBoxColor color Gold Calculation box color.
InpCalcRangeBoxLineStyle ENUM_LINE_STYLE DOT Calculation box style.
InpCalcRangeBoxLineWidth int (1..5) 1 Calculation box width.
InpLastCandleRangeSource enum (None/ATR/MedianRange/MedianRange_MA) None Which range to project on the latest candle.
InpLastCandleRangeBoxColor color Magenta Color for the last-candle range box.

Practical setup suggestions (quick)

  • FX / indices (liquid hours): enable filter, pick London/NY overlap, keep RangePeriod 14.

  • Crypto (24/7): either disable filter or define your own “active hours” window.

  • Swing trading (D1+): filter is ignored; use MedianRange as robust daily volatility.

Risk note (recommended for Market)

This product is an analytical tool (indicator). It does not provide financial advice and does not guarantee profits. Use proper risk management.


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Price & Time Market Structure Indicator A professional market structure tool that analyzes waves through both price and time — not price alone. Main Description NeoWave PRO is a professional market structure indicator for MetaTrader 4 designed for traders who want to move beyond traditional one-dimensional wave tools such as ZigZag, swing indicators, and basic high/low systems. Most wave indicators analyze only one thing: Price. But a real market wave is not only a price movement. A true wave de
This product was   updated   for the   2026 market   and   optimized   for the   latest MT5 builds . PRICE UPDATE NOTICE: Smart Price Action Concepts   is currently available for $200. The price will   increase to $299   after the next   30 purchases. SPECIAL OFFER:  After purchasing , send me a private message to claim FREE Bonus + Gift. First of all Its worth emphasizing here that this Trading Tool is Non Repainting , Non Redrawing and Non Lagging Indicator , Which makes it ideal for profes
PZ Day Trading
PZ TRADING SLU
3.67 (3)
Effortless trading: non-repainting indicator for accurate price reversals This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade It provides
PRO Renko System
Oleg Rodin
5 (31)
PRO Renko System is a highly accurate trading system specially designed for trading RENKO charts. The ARROWS and Trend Indicators DO NOT REPAINT! The system effectively neutralizes so called market noise giving you access to accurate reversal signals. The indicator is very easy to use and has only one parameter responsible for signal generation. You can easily adapt the tool to any trading instrument of your choice and the size of the renko bar. I am always ready to provide extra support to help
Binary Trader Master is an arrow based indicator that predicts the close of the candle. It does its analysis within one candle only. When the candle opens it requires a few moments to make the analysis and predict the close of the candle. Then it generates a signal. The indicator also allows you to apply time limits that it can use for the analysis which means that you can actually tell the indicator how much time it is allowed to have for the analysis within the candle. The indicator monitors s
There is always a need to measure if the market is "quiet" or it is volatile. One of the possible way is to use standard deviations, but the issue is simple : We do not have some levels that could help us find out if the market is in a state of lower or higher volatility. This indicator is attempting to do that : •           values above level 0 are indicating state of higher volatility (=GREEN buffer) •           values below level 0 are indicating state of lower volatility (=RED buffer)
UPD1 Volume BOX
Vitaliy Kuznetsov
4.94 (16)
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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RiskMaster Unified Panel (MT4) — On-Chart Risk & Execution This free light version is functionally limited with a maximum risk of 20 account-currency units per trade, a maximum lot size of 0.05, and a limited number of trading operations. Instant Lot Size from Stop Loss — across any symbol. RiskMaster Unified Panel solves the #1 problem in fast discretionary trading: accurate position sizing in seconds. Drag your Entry / SL / TP lines on the chart → the panel recalculates Target vs Actual risk
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RiskMaster Unified Panel (MT4) — On-Chart Risk & Execution Instant Lot Size from Stop Loss — across any symbol. RiskMaster Unified Panel solves the #1 problem in fast discretionary trading: accurate position sizing in seconds. Drag your Entry / SL / TP lines on the chart → the panel recalculates Target vs Actual risk and the correct lot size immediately, then executes with one click as Market or Pending. Best for • Fast manual trading (scalping/day trading) with consistent risk • Traders who
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