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ATR Trade Zone

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Publicado: 12 outubro 2026

Versão atual: 2.45

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ATR Trade Zone

Indicadores
Jackson Mukurani Wanguthi
Jackson Mukurani Wanguthi
Quênia

1615
4.3 (3)
13 produtos
Versão: 2.45

Overview

ATR Trade Zone is a technical indicator for MetaTrader 5. It projects entry, stop loss and take profit levels onto the chart using the Average True Range (ATR) of the current symbol and timeframe. The levels are drawn as filled zones and horizontal price lines starting from a bar selected by the user.

The indicator is an analysis tool. It does not open trades and does not provide buy or sell signals.

Displayed elements

The indicator draws the following elements on the main chart window:

1. An entry line placed at the price of the anchor bar.

2. Up to three stop loss levels on one side of the entry, scaled by ATR multiples.

3. Up to three take profit levels on the opposite side of the entry, scaled by ATR multiples.

4. Filled rectangular zones between consecutive levels.

5. Horizontal price lines at each level to mark the exact price.

6. A small panel with placement, removal and direction controls.

Interpretation

Each level represents a fixed distance from the entry, expressed as a multiple of the ATR value read from the anchor bar. The zone fill marks the price range between two adjacent levels. The horizontal line marks the exact price of that level. The direction control mirrors the layout: a long placement draws the stop loss levels below the entry and the take profit levels above it, and a short placement reverses this arrangement.

The ATR multiples, the entry price source and the colors are user inputs. How these levels are applied to trading decisions is the trader's own choice.

Input parameters

The parameters are grouped as follows:

1. General: indicator visibility and diagnostic logging.

2. ATR: the ATR period used to scale the levels.

3. Entry: which price of the anchor bar is used as the entry.

4. Stop loss and take profit: ATR multiples and zone colors for up to three levels on each side.

5. Visual: zone transparency, line style, line width, line color, text color and font settings.

6. Panel: screen corner and pixel offset for the on-chart control panel.

Technical notes

The indicator works on any symbol and any timeframe and reads the price data of the current chart. Level calculations use the built-in Average True Range indicator over the period set by the user. All chart objects are created on the main window and are removed automatically when the indicator is detached.

The indicator does not use DLLs, external resources or network requests. It does not send data outside the terminal.

Risk notice

Please test the product on a demo account and in the Strategy Tester before using it on a live account. Trading in financial markets involves risk, and no tool can guarantee a specific result.

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ATR Trade Zone

Jackson Mukurani Wanguthi