ATR Bands MT4

ATR Bands with Take-Profit Zones for MT4

The ATR Bands indicator for MT4 is designed to assist traders in managing risk and navigating market volatility. By using the Average True Range (ATR), it helps identify key price levels and set realistic stop-loss and take-profit zones.

Key Features:

  • ATR-Based Bands: The indicator calculates dynamic upper and lower bands using ATR. These bands adjust based on price volatility, helping to indicate potential support and resistance levels.
  • Customizable Parameters: Traders can modify the ATR Period and ATR Multiplier to suit their strategy. Lower periods result in more responsive bands, while higher values smooth out short-term fluctuations for long-term trend analysis.
  • Upper Offset Source Options: The indicator offers the flexibility to choose between the closing price or wicks for offsetting the bands, allowing better accommodation for volatile market conditions.
  • Take-Profit Zones: An optional feature for displaying take-profit bands, which are projected based on a predefined reward/risk ratio. These zones align with the stop-loss bands to support more precise trade management.

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If you liked the indicator, I will be glad to have a positive review. If you find any problems with the indicator, please contact me.

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TREND LINES PRO     Cet indicateur permet de comprendre les véritables changements de direction du marché. Il révèle les renversements de tendance et les points de retour des principaux acteurs. Tu vois     Lignes BOS     Détection des changements de tendance et des niveaux clés sur des unités de temps supérieures, sans paramètres complexes ni interférences inutiles. Les signaux restent affichés sur le graphique même après la fermeture de la bougie. VERSION MT 5    -     Révèle son potentiel max
Legacy of Gann
Pavel Zamoshnikov
4.83 (12)
The indicator very accurately determines the levels of the possible end of the trend and profit fixing. The method of determining levels is based on the ideas of W.D.Gann, using an algorithm developed by his follower Kirill Borovsky. Extremely high reliability of reaching levels (according to K. Borovsky  - 80-90%) Indispensable for any trading strategy – every trader needs to determine the exit point from the market! Precisely determines targets on any timeframes and any instruments (forex, met
RFI levels PRO
Roman Podpora
5 (1)
L'indicateur montre avec précision les points de retournement et les zones de retour des prix où le       Acteurs majeurs   . Vous repérez les nouvelles tendances et prenez des décisions avec une précision maximale, en gardant le contrôle de chaque transaction. VERSION MT5     -     Révèle son potentiel maximal lorsqu'il est combiné à l'indicateur   TREND LINES PRO Ce que l'indicateur montre : Structures et niveaux d'inversion avec activation au début d'une nouvelle tendance. Affichage des nive
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