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Part of ATR

30 USD

Demo downloaded: 19

Published: 9 May 2019

Current version: 1.0

Part of ATR

Indicators
Staffan Ofwerman
Staffan Ofwerman
Sweden

2072
5 (2)
I am a trader and I help people making profit. Well, I help them with settings and EA's and warnings and whatever I think is great. I have my webpage at upordown.eu where I help them for free and we are a bunch of happy traders there.

3 products 22 topics 27 comments
Version: 1.0
Activations: 10

This indicator is just a simple ATR indicator. It calculates the Average True Range and let you tell it to show the percentage of the ATR.

You will then see the % of the ATR on the screen.

I like to use it to calculate different things for my trading. If I use the really great AW Recovery System (https://www.mql5.com/en/market/product/28868) there is a great strategy made by the developer, where you watch the daily ATR and set the steps calculated on part of the ATR. So if you put the Part of ATR indicator on a H1 chart and set the periods to 24, then you will have it checking the latest 24 hours (24 candles back). The ATR returned will be shown on the screen in points (with decimals) and you can also set the percentage you like to see (default is 20%). This will show you the points in percentage of the total ATR.

So, when I use it with the AW Recovery System I look at the 20% ATR and use this as my step for the recovery. This way I can easily check the daily ATR and have a great calculator for my recovery. If you want to use it more conservative you can change the number to 30 or 40%.

You can also use this indicator for regular trading. An easy way to let it calculate a % of the ATR so you can place a pending trade (if this is what you like to trade).

Use it with standard currency pairs. Try the demo to see how it works before you buy it.

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Attention: beware of SCAMS, TRENDMAESTRO is only ditributed throught MQL5.com market place. note: this indicator is for METATRADER4, if you want the version for METATRADER5 this is the link: https://www.mql5.com/it/market/product/108106 TRENDMAESTRO ver 2.5 TRENDMAESTRO recognizes a new TREND from the start, he never makes mistakes. The certainty of identifying a new TREND is priceless. DESCRIPTION TRENDMAESTRO identifies a new TREND in the bud, this indicator examines the volatility, volumes a

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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

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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

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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

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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

95 USD

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

55 USD

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)

360 USD

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

50 USD

This Expert Advisor uses three blocks of standard indicators. When all three say the same, then it will kick in and trade. You can change the following settings: EAName – name showing in the comments field when trading RiskEquity – risk % of equity depending on Stop Loss SL – Stop Loss TP – Take Profit TrendEMA – this EMA is looking for trend. If above this level, it will look for a buy. If below, it will look for sell StochasticHi – this is the Stochastic High level. Default is set to 80. Looki

30 USD

This Expert Advisor is using three Moving Averages to find the direction of the trend. There is three different Moving Averages that has to be in the right order and the EA is looking for this in different timeframes to make sure it's in the order to trade. Then the EA will look for both the Stochastic and RSI in different timeframes before everything is looking good. Now it will take a BUY or SELL trade, depending on the indicators. It will set the Stop Loss and Take Profit depending on the hig

30 USD

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Part of ATR

Staffan Ofwerman