ATR River

ATR River is an MT5 trend indicator that draws smooth ATR bands (an ATR channel, similar to a Keltner channel) as a living river on the chart, with a glowing ATR trailing stop line and buy and sell signals confirmed on bar close. For forex, gold (XAUUSD), indices and crypto, on any timeframe.

What it shows

  • The river: green in an uptrend, red in a downtrend.
  • The glowing line: your trailing stop level.
  • LONG and SHORT signals: shown after the bar closes, they do not repaint.
  • Flow streaks: the speed of the trend.
  • Panel: trend, distance to the trailing line, ATR.

How to use it

Enter on a new signal, keep the stop beyond the glowing line and move it with every closed bar, exit when a bar closes through the line. Stay out when the river is flat.

Alerts, ten colour schemes, works in the Strategy Tester, values readable by an Expert Advisor.

ATR River is a trend and trailing stop tool, not a complete strategy by itself. Combine it with other indicators.

After purchase, send me a private message on MQL5 for the user manual and help building a full strategy with it.

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