this indicator colors candles as per user needs, for those who needs to see atr of prices, it is worth trying different settings , this is the old indicator, but old is gold.
ATRStops_v1_Candle-
settings-
Length=1
ATRPeriod=7
Kv=2.2
Shift=0
as always thanks to mladen and mrtools.
Re: ATR and ATR based indicators for MT5
2another indicator as above to find out when prices are dropping on the 'other side' of atr ranges to qualify for reversal,
need to try different settings as per individual trading needs,
but
settings
10
1.7
looks ok for this purpose,
though there is no match of indicator step oma 2.3 mft to see the 'other side' of atr ranges, this can be used with acceptable results.
thanks to mladen and mrtools as always for this great indicators.
need to try different settings as per individual trading needs,
but
settings
10
1.7
looks ok for this purpose,
though there is no match of indicator step oma 2.3 mft to see the 'other side' of atr ranges, this can be used with acceptable results.
thanks to mladen and mrtools as always for this great indicators.
- These users thanked the author rijay for the post (total 2):
- Ricstar_8, RodrigoRT7
Re: ATR and ATR based indicators for MT5
3need to try different settings,
settings-
---------------------------
13
0.9
0
close
----------------------------
looks ok.
settings-
---------------------------
13
0.9
0
close
----------------------------
looks ok.
- These users thanked the author rijay for the post:
- RodrigoRT7