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Normalized ATR
Posted: Wed Mar 25, 2020 10:10 pm
by AndreaTrade
Dear All,
I found the Normalized ATR indicator but not in MQL4.
Should be possible to convert in a MQL4 indicator ( tobe utilized also for backtesting ).
Thanks in advance,
Andrea
Mod edit: Link removed.
Re: Normalized ATR
Posted: Wed Mar 25, 2020 10:12 pm
by Jimmy
AndreaTrade wrote: Wed Mar 25, 2020 10:10 pm
Dear All,
I found the Normalized ATR indicator but not in MQL4.
Should be possible to convert in a MQL4 indicator ( tobe utilized also for backtesting ).
Thanks in advance,
Andrea
Please make an effort to upload the indicator and
attach it to your post. No links to other site's downloads here. As a new member we ask you to follow our
rules before posting.
Re: Normalized ATR
Posted: Wed Mar 25, 2020 11:05 pm
by AndreaTrade
As requested you can find attached the Normalized ATR indicator in MQL5.
Frankly speaking I'm an old user but I don't know why my account has been canceled.
Re: Normalized ATR
Posted: Thu Mar 26, 2020 12:57 am
by Jimmy
AndreaTrade wrote: Wed Mar 25, 2020 11:05 pm
Frankly speaking I'm an old user but I don't know why my account has been canceled.
What "account" was cancelled?
Re: Normalized ATR
Posted: Thu Mar 26, 2020 1:01 am
by moey_dw
AndreaTrade wrote: Wed Mar 25, 2020 11:05 pm
As requested you can find attached the Normalized ATR indicator in MQL5.
Frankly speaking I'm an old user but I don't know why my account has been canceled.
Probably u not following rules............. haha

Re: Normalized ATR
Posted: Thu Mar 26, 2020 1:25 am
by mrtools
AndreaTrade wrote: Wed Mar 25, 2020 11:05 pm
As requested you can find attached the Normalized ATR indicator in MQL5.
Frankly speaking I'm an old user but I don't know why my account has been canceled.
Got this one made by Mladen awhile back just modernized it some.
Re: Normalized ATR
Posted: Thu Mar 26, 2020 2:13 am
by AndreaTrade
mrtools wrote: Thu Mar 26, 2020 1:25 am
Got this one made by Mladen awhile back just modernized it some.
Thanks Mrtools, really appreciated.
Re: Normalized ATR
Posted: Thu Mar 26, 2020 2:41 am
by ionone
could it not be possible to make a better version than that ? sorry for being rude but i can think of a way to make it better (just compare fastATR to slowATR and price value). it would be better than that (the actual ATR is not "at max value" when there is a peak of volatility, instead it just "rises" from 0) and there are periods where the ATR is at max, and the volatility isn't that high.
also i don't get why you need a normalized ATR? the strength of ATR is to be NOT normalized
Re: Normalized ATR
Posted: Tue Jul 28, 2020 2:28 am
by Lumios
Normalizing the ATR makes will help with determining statistical probability of the trades outcome.