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ATR Trade Zone

FREE

Published: 12 October 2026

Current version: 2.45

ATR Trade Zone

Indicators
Jackson Mukurani Wanguthi
Jackson Mukurani Wanguthi
Kenya

1731
4.3 (3)
13 products
Version: 2.45

Overview

ATR Trade Zone is a technical indicator for MetaTrader 5. It projects entry, stop loss and take profit levels onto the chart using the Average True Range (ATR) of the current symbol and timeframe. The levels are drawn as filled zones and horizontal price lines starting from a bar selected by the user.

The indicator is an analysis tool. It does not open trades and does not provide buy or sell signals.

Displayed elements

The indicator draws the following elements on the main chart window:

1. An entry line placed at the price of the anchor bar.

2. Up to three stop loss levels on one side of the entry, scaled by ATR multiples.

3. Up to three take profit levels on the opposite side of the entry, scaled by ATR multiples.

4. Filled rectangular zones between consecutive levels.

5. Horizontal price lines at each level to mark the exact price.

6. A small panel with placement, removal and direction controls.

Interpretation

Each level represents a fixed distance from the entry, expressed as a multiple of the ATR value read from the anchor bar. The zone fill marks the price range between two adjacent levels. The horizontal line marks the exact price of that level. The direction control mirrors the layout: a long placement draws the stop loss levels below the entry and the take profit levels above it, and a short placement reverses this arrangement.

The ATR multiples, the entry price source and the colors are user inputs. How these levels are applied to trading decisions is the trader's own choice.

Input parameters

The parameters are grouped as follows:

1. General: indicator visibility and diagnostic logging.

2. ATR: the ATR period used to scale the levels.

3. Entry: which price of the anchor bar is used as the entry.

4. Stop loss and take profit: ATR multiples and zone colors for up to three levels on each side.

5. Visual: zone transparency, line style, line width, line color, text color and font settings.

6. Panel: screen corner and pixel offset for the on-chart control panel.

Technical notes

The indicator works on any symbol and any timeframe and reads the price data of the current chart. Level calculations use the built-in Average True Range indicator over the period set by the user. All chart objects are created on the main window and are removed automatically when the indicator is detached.

The indicator does not use DLLs, external resources or network requests. It does not send data outside the terminal.

Risk notice

Please test the product on a demo account and in the Strategy Tester before using it on a live account. Trading in financial markets involves risk, and no tool can guarantee a specific result.

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SmartFlow Consensus is a chart overlay indicator designed for traders who need a clean, structural view of price action without clutter. It filters market noise through an internal consensus engine and renders the result directly onto the chart as intuitive color-coded candles, price zones, and trend structure lines. Built for traders who make decisions from structure rather than guesswork, it combines fractal-based zone detection, multi-layer consensus filtering, and market structure tracking

49 USD

RISK MANAGEMENT SUITE — YOUR STRATEGY. YOUR ENTRIES. INSTITUTIONAL DISCIPLINE ON EVERY TRADE. You already have a strategy. You can read the market. What hurts traders is not the strategy — it is everything that happens between "I see the trade" and "the trade is managed": the lot size you guessed, the stop you placed too tight, the target you moved, the revenge trade, the third pair you opened without realizing the first two were already the same bet. The Suite removes all of it. Forever. HOW I

49 USD

Overview Smartflow is a technical indicator for MetaTrader 5 that displays directional trade signals, trend state and supply and demand levels in one chart window. It calculates a direction state from a volatility based trailing stop model using the Average True Range (ATR), and it prints buy and sell markers where that state changes on a closed bar. The indicator does not open trades and does not manage positions. All outputs are visual, and the decision to enter or exit a trade remains with

40 USD

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ATR Trade Zone

Jackson Mukurani Wanguthi