ATR Channel is an indicator.
It shows us ATR ( depends on selected period ) Line on main chart.
It also draw 3 up ATR channels (ATRu) and 3 down ATR channels (ATRd) on the same window.
All they helps you to trade with a ATR indicator.
There are 6 extern inputs;
- PeriodsATR : You can change ATR Period default is 13.
- MA_Periods : Use for draw ATR channels MA periods. Default is 34.
- MA_Type : You can change MA_method here. Default is Linear weighted.
- Mult_Factor1 : It is for first up and down channel.
- Mult_Factor2 : It is for second up and down channel.
- Mult_Factor3 : It is for third up and down channel.
This indicator will detect harmonic patterns that are drawn on the chart by manual and automatic methods. You can see user manual from this link: https://www.mql5.com/en/blogs/post/719257 There is a free version to try this product. You can use it to detect Gartley and Nenstar patterns: https://www.mql5.com/en/market/product/30181 Notes Indicator has control panel and it will save every (chart & timeframe) settings. You can minimize it to have more space on chart and you can press close button
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