Hi Abdi yes I found this one as well in FxFactory, however I discarded it. Just beware the calculation is based on ATR and not on ADR. There's a significant difference in the calculations as ATR takes into considerations the Close.Abdi wrote: Thu Jul 04, 2024 1:17 am Sylvester maybe you also like this atr indi i am using, if you dont know it already ...
It shows the stats you were mentioning
HI @mrtoolsmrtools wrote: Mon Jul 01, 2024 3:29 am Made this one. In the screenshot is the built in Atr which uses a simple moving average.
Converted it.oskison wrote: Sat Jul 20, 2024 9:12 pm HI @mrtools
Do you have version of this indicator for mt5?
or maybe it wont be hard to convert code of this indicator to mt5
Re: ATR indicators for MT4Hi, thank you for your effort and contribution that looks great!bbookgenius wrote: Wed Dec 13, 2023 5:14 am Hello,
I have recently developed a version of the ATR Probability Levels using a template from WyattsPivots, which I found on Forex Factory.
By incorporating the Open line, it has aesthetically improved, aiding in better visualization of the targeted period on the chart.
I am currently trying to find a solution to view the indicator's history (LookBackPeriod). However, the task has started to exceed my capabilities, especially when attempting to create Dynamic Arrays to store the indicator's data.
If a more experienced programmer could review the code, make it more efficient, and check for any errors, it would be greatly appreciated.
Thank you!
ATR on Chart.png
Hello Mr Tools, how are you?mrtools wrote: Wed Jul 03, 2024 10:33 pm ATR & ADR On Chart Levels for MT4 (Multi-timeframe)
Hello,
Made it an option to choose average true range or average daily range, the default settings are for daily time frame but left it to be a choice. Hope that will work.
Hello, not sure but let me see if it is possible for me to do it.RodrigoRT7 wrote: Mon Feb 03, 2025 4:13 am Hello Mr Tools, how are you?
Just out of curiosity, is there a possibility of including avgs/rmas in this indicator? Just as an additional way of analyzing the ATR/ADR over time, I think it could be useful to see how this would change the indicator.
tks in advance
Tried not getting it to work correctly, sorry!RodrigoRT7 wrote: Mon Feb 03, 2025 4:13 am Hello Mr Tools, how are you?
Just out of curiosity, is there a possibility of including avgs/rmas in this indicator? Just as an additional way of analyzing the ATR/ADR over time, I think it could be useful to see how this would change the indicator.
tks in advance
no problem Mr Tools!! I imagined this one would be more difficult. Thank you so much for trying
