ATR Candles
- Indicatori
- Gabor Ludovic Schiefer
- Versione: 1.0
- Attivazioni: 10
ATR Candles (Average True Range as OHLC candles)
ATR Candles visualizes Average True Range (ATR) in a separate subwindow using candlestick-style OHLC bars. Each candle represents the change in ATR from the previous bar, making it easy to see volatility expansion and contraction over time.
Key features:
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ATR shown as OHLC candles (open = previous ATR, close = current ATR)
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Input: ATR period
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Two color modes:
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Match price candle direction (bull/bear)
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Independent: green/red based on current ATR close vs previous ATR close
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Works on any symbol and timeframe in MetaTrader 5
This indicator is for analytical visualization and does not place trades.
