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Constellation

The ATR based Constellation indicator displays entry points and possible position exit points.

The indicator is non-redrawable and non-lagging.

It works on all currency pairs and all time frames. 

The input parameters are:

  • ATR_period - period.
  • ATR_addition - additional parameter (in points).
  • ATR_koef - the ATR multiplication factor (recommended parameters in the range 2.0 - 4.0).

Indicator buffers:

  • 0 - a Buy signal.
  • 1 - a signal to close Buy.
  • 2 - a Sell signal.
  • 3 - a signal to close Sell.
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