Re: ATR indicators for MT4

71
Abdi wrote: Mon Feb 24, 2025 7:31 am Something like the illustrated if possible.
Atr > ma = Orange (Movement in the market)
Atr < ma = Grey (Quite market)

Similar to the bbsqueeze you made some time ago. But only the middle part which shows velocity.
Since atr has no upper or lower bounds think the only way to do that would be to normalize the atr and put the signals on the zero line.
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Re: ATR Indicators for MT4

72
mrtools wrote: Thu Feb 20, 2025 12:25 am ATR & ADR On Chart Levels for MT4 (Multi-timeframe) with Clock timer + Level display customization

Added the mtf bar timer and the ability to change all the level colors.
Nice one.. it reminded me of the one called the D.O.T.S... one of OG tools together with the TDI

The D.O.T.S. (Daily Open Trading System) method. It's an intraday price-based trading model that helps traders identify trend direction and displays market entries, exits, and target levels at the opening of each trading session. The D.O.T.S. method is designed to provide a realistic approach to the Forex markets and assist traders in making informed decisions on when to enter and exit the market.

The D.O.T.S. method can be used in conjunction with other trading tools, such as the Guppy Trade, to create a more comprehensive trading strategy. This approach can help traders adapt to different market conditions and manage risk more effectively.
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Since Frank Sinatra sings in his own way, my charts sing... ♪  I did it, My... Way...  ♬ ; )─

Re: ATR indicators for MT4

73
Abdi wrote: Mon Feb 24, 2025 7:31 am Something like the illustrated if possible.
Atr > ma = Orange (Movement in the market)
Atr < ma = Grey (Quite market)

Similar to the bbsqueeze you made some time ago. But only the middle part which shows velocity.
Are you ok with normalizing the ATR to add the volatility type signals?
These users thanked the author mrtools for the post:
Abdi