VR Atr Pro MT5 Demo
VR ATR Pro MT5 Demo - demo version of the product VR ATR Pro MT5, works only on a pair AUDCAD
The VR ATR Pro MT5 indicator is a powerful professional tool for determining target levels on a particular financial instrument. The indicator effectiveness has been proven by thousands of tests on both real and demo accounts. VR ATR Pro MT5 is an indicator that works on real data using live real statistics.
Statistics are stubborn things, using real statistics in mathematical calculations allows you to calculate accurate target levels for a financial instrument.
Detailed description of the indicator and read the settings ▶ blog.
The indicator has a number of advantages, we will list only a portion of them:
- High accuracy.
- 🤞Paranormal bar can be excluded from calculations
- Simple display of target levels directly on the chart.
- Works with any financial instrument (Forex, Metals, CFD, Futures, Crypto).
- It does not redraw itself, and it always saves its readings.
- It is effective for determining the Stop Loss and Take Profit levels.
- Notifications on your smartphone, via e-mail and alerts in MetaTrader.
- MetaTrader 4 and MetaTrader 5 versions of the indicator are exactly the same.
- It is easy to setup and install.
- It is suitable both for beginners and experienced traders.
- It works on any period and any time frame.
- The indicator calculation period must be less than the indicator Timeframe.
- Use the calculation of readings accuracy in the settings for new financial instruments.
- Use the indicator to calculate levels for daily periods or longer periods.
- Use the indicator in conjunction with your trading system.
- Set Take Profits inside the levels, and Stop Losses outside the levels.
- Use a calculation period greater than 10 to get the most accurate results.
- It is better to avoid trading if the price has reached the level calculated by the indicator.
The indicator's algorithm is based on a mathematical calculation of the average price movement over the specified time period. The period indicator detects and remembers the number of points passed during the period. The indicator, using a mathematical formula calculates the average price levels for the forecast of the growth rates and the forecast of prices fall.
Thanks to use of real data, the indicator does not redraw and shows high accuracy.
The indicator can be compared to the battery indicator in your phone. You know that on average, your phone loses charge in 12-16 hours of use. Similarly, the VR ATR Pro MT5 indicator calculates the movement: if the day before yesterday the price moved 50 points, yesterday the price moved 60 points, today 55, then tomorrow the probability that the price will move average 55 points is almost 99%.
The program displays two levels on the chart:
- The upper level is the predicted level of the price's upwards movement
- The lower level is the predicted level of the price's downwards movement
Levels can be displayed as areas that deviate from the exact level. This allows you to calculate prices within the statistical deviation range.
The program does not show signals to buy or sell a financial instrument. The VR ATR Pro MT5 indicator calculates the target levels to which the price is aiming, the levels for which the price has enough strength and energy to reach. These levels can be used to set Stop Loss and Take Profit values.
To calculate the indicator's accuracy, it is advisable to perform a calculation based on the principle of how many times in history the price reached the levels calculated by the indicator. This way we will know the indicator's accuracy.
Conditions for calculating VR ATR Pro MT5 indicator accuracy
- 5 decimals.
- The number of periods to count is 100.
- The period for calculating levels is 10.
- Timeframe for calculating - Daily.
- The calculation date 18.10.2019 – 09.03.2020.
- The time frame for displaying the indicator is 1 hour.
Currency pair EUR / USD Readings accuracy 88%
Currency pair GBP / USD Readings accuracy 78%
Currency pair BTC / USD Readings accuracy 75%
This indicator displays Pivot-Lines, preday high and low, preday close and the minimum and maximum of the previous hour. You just have to put this single indicator to the chart to have all these important lines, no need to setup many single indicators. Why certain lines are important Preday high and low : These are watched by traders who trade in a daily chart. Very often, if price climbs over or falls under a preday low/high there is an acceleration in buying/selling. It is a breakout out of
Free automatic fibonacci is an indicator that automatically plots a fibonacci retracement based on the number of bars you select on the BarsToScan setting in the indicator. The fibonacci is automatically updated in real time as new highest and lowest values appears amongst the selected bars. You can select which level values to be displayed in the indicator settings. You can also select the color of the levels thus enabling the trader to be able to attach the indicator several times with differe
Follow The Line This indicator obeys the popular maxim that: "THE TREND IS YOUR FRIEND" It paints a GREEN line for BUY and also paints a RED line for SELL. (you can change the colors). It gives alarms and alerts of all kinds. IT DOES NOT REPAINT and can be used for all currency pairs and timeframes. Yes, as easy and simple as that. Even a newbie can use it to make great and reliable trades. NB: For best results, get my other premium indicators for more powerful and reliable signals. Get them
This indicator shows the latest untouched support and resistance as horizontal lines. The indicator can show support/resistance from higher timeframes. With this indicator you can e.g. easily see the support/resistance of the timeframes H4, D1 and W1 on a H1 chart, which can be a big advantage while time your entry on H1. This is the FREE version of the indicator: Support Resistance Multi Time Frame MT5 The free version works only on EURUSD and GBPUSD! Parameters referenceTF: the timeframe fro
The MACD indicator in MetaTrader 4/5 looks different than the MACD indicator in most other charting software. That's because the MetaTrader 4/5 version of MACD displays the MACD line as a histogram when it is traditionally displayed as a line. Additionally, the MetaTrader 4/5 version computes the Signal line using an SMA whereas according to MACD definition it's supposed to be an EMA. The MetaTrader 4/5 version also does not compute a true MACD Histogram (the difference between the MACD/Signal l
Support & Resistance indicator is a modification of the standard Bill Williams' Fractals indicator. The indicator works on any timeframes. It displays support and resistance levels on the chart and allows setting stop loss and take profit levels (you can check the exact value by putting the mouse cursor over the level). Blue dashed lines are support level. Red dashed lines are resistance levels. If you want, you can change the style and color of these lines. If the price approaches a support lev
This information indicator allows you to always be aware of the current account status. The indicator shows various data, including profit in points, percentage and currency, as well as a current symbol spread and time before a bar is closed on the current timeframe. You can select one of the different info line location types: To the right of the price (always following it); As a comment (in the upper left corner of the chart); In a selected screen corner. You can also select a data separator:
The indicator draws trendlines on chart. This indicator has six inputs. User can specify alternative labels for both lines. If multiple instances of the indicator are used, the labels must differ. User can set width and color of the lines and depth which specifies what significant peaks should be used. For example, Depth=10 sets trendlines using the current peaks and valleys that have at least 10 bars to the right and to the left and that have highs/lows less/greater than the peak's high/low. In
Magic Channel Free is a channel indicator for the MetaTrader 5 trading platform. This indicator allows finding the most probable trend reversal points. Unlike most channel indicators, Magic Channel does not redraw. The alert system (alerts, email and push notifications) will help you to simultaneously monitor multiple trading instruments. Attach the indicator to a chart, and the alert will trigger once a signal emerges. With our alerting system, you will never miss a single position opening sign
Technical indicator Relative Strength Index (RSI) is a price following oscillator, whose values vary between 0 and 100. Values below 30 indicate an oversold state, and values above 70 indicate an overbought state. The classic interpretation of it is the following: if the oscillator line goes out of the oversold zone, it is a signal for opening a long position. If it goes out of the overbought zone, it is a signal for opening a short position. The indicator displays entry points on the chart usin
This indicator is especially for the binary trading. Time frame is 1 minutes and exp time 5 or 3 minutes only. You must be use martingale 3 step. So you must put lots size is 10 % at most. You should use Mt2 trading platform to connect with my indicator to get more signal without human working. This indicator wining rate is over 80% but you may get 100% of profit by using martingale 3 step. You should use MT2 Trading Platform to connect meta trader platform and binary platform . You can get mt2
This is a perfect tool for intraday trading. It allows you to see a day candle on a chart having a timeframe less than D1. Besides, it displays upper and lower candle shadows, as well as a body and an entire daily candle (in points). Parameters: Show_Day - amount of days to be displayed in blocks. The allowable value is not more than 31. Shift - daily candle shift to the right from a chart margin (in bars). language - select a language. Russian and English are available. Features: The indicator
Market Time Pad The indicator that displays current time at the main markets of the world. It also displays the current session. Very easy to use. It doesn't occupy much space on a chart. It can be used together with Expert Advisors and other panels, such as VirtualTradePad . The classic style version. The version with digital displaying - Digit Market Time Pad You can try the same time pad for МetaТrader 4: Digits Market Time Pad . Dear friends and users of our EAs, please add your ratings in
Magic Candles FREE is a new unique product that allows identifying the current market phase (uptrend, downtrend or flat). This indicator paints bars in different colors depending on the current state of the market and signals the user about trend changes with alerts. Magic Candles FREE - is a demo version, which works only on the AUDUSD currency pair. Unlimited version can be purchased here: https://www.mql5.com/en/market/product/29342 Advantages High accuracy of signals. Suitable for scal
The SupportResistance indicator shows the support and resistance levels. This indicator is necessary for any trader regardless of the strategy used. Advantages of this indicator The indicator is displayed on the price chart. Depending on the trading direction, the indicator shows the position entry/exit points. The indicator works on any timeframe from M1 to MN. The indicator works with any symbol. Options of the indicator application Trade the price rebounds from the support or resistance l
The Penta-O is a 6-point retracement harmonacci pattern which usually precedes big market movements. Penta-O patterns can expand and repaint quite a bit. To make things easier this indicator implements a twist: it waits for a donchian breakout in the right direction before signaling the trade. The end result is an otherwise repainting indicator with a very reliable trading signal. The donchian breakout period is entered as an input. [ Installation Guide | Update Guide | Troubleshooting | FAQ | A
ZigZag_FT is a combination of two good indicators. The first one is ZigZag with adjustable wave height (found it in Code Base). The second on is Bill Williams' fractals. These indicators complement each other. ZigZag is used for detecting Elliott waves, and Fractals show the structure of each wave. The height of ZigZags can be (and it should be) adjusted depending on the timeframe the indicator is used with. Fitted values of "Minimum points in a ray" parameter for different timeframes are listed
The original author is David Weis, an expert in the Wyckoff Method. The Weis Wave is a modern adaptation of the 1930's Wyckoff Method, another expert in Tape Reading techniques and Chart Analysis. Weis Waves takes market volume and stacks it into waves according to price conditions giving the trader valuable insights about the market conditions. If you want to learn more about this subject you can find tons of videos in YouTube. Just look for "The Wickoff Method", "Weis Wave" and "Volume Spread
The indicator analyzes the volume scale and splits it into two components - seller volumes and buyer volumes, and also calculates the delta and cumulative delta. The indicator does not flicker or redraw, its calculation and plotting are performed fairly quickly, while using the data from the smaller (relative to the current) periods. Full recalculation of data is performed once per minute, when a new candle opens on the M1 timeframe, or in case of a user activity, namely, when scrolling the char
The indicator automatically builds Support/Resistance levels (Zones) from different timeframes on one chart Support-resistance levels are horizontal lines. As a rule, the market does not respond to a specific price level, but to a price range around the level, because demand and supply of market participants are not formed clearly on the line, but are “spread out” at a certain distance from the level This indicator determines and draws precisely such a price range within which strong positi
Smart Robot MT5 is an Expert Advisor based on Scalping, Elliot Waves and with filters such as RSI, Stochastic that managed and decided with robot smartly. Large number of inputs and settings are tested and optimized and embedded in the program thus inputs are limited and very simple. Using EA don't need any professional information or Forex Trading Knowledge. The EA works with low margin level and thus has low risk. This is Free Version and limitations is : Trade on EURJPY only with lot size
Rainbow MT5 is a very simple indicator based on Moving Average with period 34 and can be very useful. When price crosses above MA and MA changes color to green, it’s a signal to buy. When price crosses below MA and MA changes color to red, it’s a signal to sell. An Expert advisor ( Rainbow EA MT5 ) based on Rainbow MT5 indicator is on the way and will be released very soon.
Best Scalper Oscillator Free is an indicator for MetaTrader 5 based on mathematical calculations on the price chart. This is one of the most common and useful indicators for finding the trend reversal points. Best Scalper Oscillator Free is equipped with multiple types of notification (push notifications, emails, alerts), which allows opening trades in time. Best Scalper Oscillator Free - is a demo version, which works only on the USDCHF currency pair. Unlimited version can be purcha
Advanced ideas of the popular MACD indicator: It detects and displays classic and reverse divergences (two methods of detecting divergences). It uses different color to highlight an uptrend and a downtrend. Two methods of determining a trend: а) MACD crosses the 0 level (classic signal); б) MACD crosses its own average (early signal). This is a multi-timeframe indicator: it can display MACD data from other timeframes. Two methods of drawing: classic histogram and line. It generates sound and vis
This indicator draws: 1 Kijun Sen + 3 Envelopes + 7 Price Labels The Kijun Sen, Envelope/s and Price Labels can be hidden as required. Envelopes can be used to identify: Price ranging; Overbought price levels; Oversold price levels; Take Profit levels; Stop Loss levels. All parameter changes can be permanently saved and loaded via the Save and Load buttons in the Inputs tab. The Color tab offers limited and temporary change that expires on chart close or timeframe change, unless permanently save
Market Profile is an amazing tool! It is also known as Volume Profile. With it you can identify regions of strong and weak negotiation, finding regions of accumulation (support and resistance), thus seeing the market with other eyes. Instead of measuring each candle volume as default volume indicator does, the Market Profile measure the volume by price . Paid version: https://www.mql5.com/pt/market/product/38938 Configurations: MAIN OPTIONS From period - period to extractvolume data. To per
Metatrader 5 version of the famous Andre Machado's Tabajara indicator. If you don't know Andre Machado's Technical Analysis work you don't need this indicator... For those who need it and for those several friend traders who asked this porting from other platforms, here it is... FEATURES 8-period Moving Average 20-period Moving Average 50-period Moving Average 200-period Moving Average Colored candles according to the inflexion of the 20-period MA SETTINGS You can change the Period of all M
Combining the best of Price Action , Directional Movement , and Divergence/Convergence analysis, Candle Color Trend is a easy and reliable way to identify trend direction. The indicator automatically paints the candles according to the assumption that an uptrend is defined by prices that form a series of higher highs and higher lows. In contrast, a downtrend is defined by prices that form a series of lower highs and lower lows. Additionally, ADX Wilder indicator is used to measure trend weakness
The Zigzag Support And Resistance is an indicator for showing support and resistance zones based on the ZigZag extremums. Indicator Settings PrecalculateBars - the number of bars for the preview; SmoothPercent - smoothing of the levels as a percentage; LiveBars - lifetime of a level in bars; D1Depth - depth of the ZigZag indicator on the D1 chart; H4Depth - depth of the ZigZag indicator on the H4 chart; H1Depth - depth of the ZigZag indicator on the H1 chart; M15Depth - depth of the ZigZag ind
Aggression Volume Indicator is the kind of indicator that is rarely found in the MQL5 community because it is not based on the standard Volume data provided by the Metatrader 5 platform. It requires the scrutiny of all traffic Ticks requested on the platform... That said, Aggression Volume indicator requests all Tick Data from your Broker and processes it to build a very special version of a Volume Indicator, where Buyers and Sellers aggressions are plotted in a form of Histogram. Additionally,