Market / MetaTrader 4 / Utilities /

No Nonsense ATR

FREE

Published: 11 October 2019

Current version: 5.80

No Nonsense ATR

4.3

Utilities
HYPANTHIUM, LDA
Version: 5.80
Updated: 14 April 2021

Overview

No Nonsense ATR is a tool designed to help the No Nonsense Forex Traders backtest strategies and trading in real time.

The indicator calculates the value of the Stop Loss and the Take Profit (SL/TP) based on the ATR (Average True Range) allowing to verify the historical data in a simple and practical way, showing not only the SL/TP values but also the place where they would be and if it was a gain or loss. The No Nonsense ATR also calculates the trading volume required for each trade according to the desired risk, using the SL and the account currency for the calculation thus giving a more accurate value.

Help: https://nnfxalgotester.com/help/no-nonsense-atr/

Please feel free to comment, report issues, or contribute!

Contact me by email: support@nnfxalgotester.com or in the NNFX Algo Tester Discord (English ou em Português)

Thank you VP for everything. Check the No Nonsense Forex strategy at: nononsenseforex.com

Developed by Rui Silva (rpsreal), Portugal

more...

507

Alexey Levashov 2022.02.08 15:28 #

very very good !!!

trinityMax 2022.01.15 18:09 #

An excellent indicator. Provides TP and SL levels based on ATR. You can set each independently. Keeps up to date on current candle. You can also go back and check previous candles.

abdulhalim4real 2021.10.10 08:42 #

Its an excellent indicator. If used well, it can give you reasonable profit

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The NNFX ALGO TESTER is an tool designed to help the NNFX (No Nonsense Forex) traders develop, improve and test algorithms in a simpler, faster and more accurate way. This software reduces backtesting time from serveral days to only a few minutes! Please download the Demo instead of this Lite version. You can sill use the Lite but this version is now discontinued and it has much less functionality than the full version. The NNFX algo Tester software is too big (in terms of complexity) to be avai

FREE

Filter:

507

Alexey Levashov 2022.02.08 15:28 #

very very good !!!

trinityMax 2022.01.15 18:09 #

An excellent indicator. Provides TP and SL levels based on ATR. You can set each independently. Keeps up to date on current candle. You can also go back and check previous candles.

170

richard1979 2021.12.08 05:58 #

I'm still confused how to use it because every time I click on chart specially on 15min or 30min TF, the marking stays the same.

5250

Reply from developer Rui Pedro Goncalves Da Cruz Moreira Da Silva 2021.12.09 16:02 #

Using the indicator is quite simple, but if you need help take a look here:
https://nnfxalgotester.com/help/no-nonsense-atr/

abdulhalim4real 2021.10.10 08:42 #

Its an excellent indicator. If used well, it can give you reasonable profit

libiol 2021.09.27 22:26 #

The most useful staff I can found so far!

zenfish 2021.08.21 04:06 #

Very helpful. Took most of the taxing mental work out of placing trades when testing. It's wonderfully simple now, just the way I like it.

Mon_P0l131 2021.06.25 18:04 #

This is an amazing tool, really! This tool made it so much easier for me to set TP and SL following the ATR values. If possible, my suggestion would be to add more TP levels at the same time (i.e. TP1 = multiplier of 1, then TP2 = multiplier of 2, and so on). This will be a beast indicator for sure!

699

Nicolas Dobrovsky 2021.06.04 20:02 #

top

adamspd1983 2021.04.15 14:27 #

The most handy indicator for testing

2891

MAKARIOS YACOUBIAN 2021.04.14 19:04 #

great job , this can used with your own strategy after identify your direction . Thanks

Mehdi Mahmoudkhani 2021.04.08 13:50 #

not working on my mt4

5250

Reply from developer Rui Pedro Goncalves Da Cruz Moreira Da Silva 2021.04.08 14:58 #

Hi,
Can you tell me what the problem is? What doesn't work?

623

Lars Eknes 2021.03.22 17:43 #

Extremely helpful tool for a NNFX trader. Thank you!!! 😊👍🏻

210

kjpierce93 2021.02.09 12:42 #

Great when it's working.

5250

Reply from developer Rui Pedro Goncalves Da Cruz Moreira Da Silva 2021.02.09 13:17 #

Hi,
Can you tell me when it doesn't work?

Hagbeth 2021.01.27 17:48 #

Great for trading NNFX, very good for back testing were I use it together with soft4FX.

914

Zachary David Cox 2020.12.21 20:22 #

Well done, thank you.

Kevin Olding 2020.12.20 22:12 #

Extent tool, Thank you.

442

Jason Carson 2020.09.01 19:27 #

Why did it take me so long to find a awesome tool like this? I have my own trend following strategy and after a few adjustments to the ATR settings, this has become one of my all time favorites indicators to use in my trading.

Luis Herrera 2020.08.06 15:53 #

A good tool for backtesting, sometimes shows error E05 check the expert tab; when it is working fine on other charts, thank you for a great indicator!

Johnnypippin 2020.07.14 14:52 #

This is a great tool for working out your TP and SL with the ATR the NNFX way, makes setting your trades so much easier.

2325

Mehdi Faraz Fard 2020.07.11 12:40 #

User didn't leave any comment to the rating

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Version 5.80 2021.04.14

Added support for instruments/symbols outside the Forex market.
Now the entry price is shown by default, you can disable this if you want.
Minor fixes and improvements.

Version 5.74 2019.11.05

Support for SGD pairs included.
Improved the way errors are shown to the user.