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.

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.

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?

mrtools wrote: Mon Feb 24, 2025 10:59 pm Are you ok with normalizing the ATR to add the volatility type signals?

Sorry for the late response.
Yes, sure. I'd like to test that version out.

Abdi wrote: Tue Feb 25, 2025 2:16 am Sorry for the late response.
Yes, sure. I'd like to test that version out.

Made this version.

mrtools wrote: Sun Jul 23, 2023 5:24 am ATR Probability Levels with Line Type + Line Width options

Added lines width options.


ATR Levels indicator MT4.png

Dear Mrtools,

Is it possible to share the MT5 version of this with a modification based on how it looks in the attached indicator? And maybe an alert system when price crosses the daily ATR level in either direction?

Thank you in advance sir.

TWINSMOOTH ATR BANDS
(on/off button)
converted from a TradingView indicator.
Coder: QuantEdgeB
Date: December 2025

This indicator has 3 buttons:
1 button to turn on/off the ATR lines.
1 button to turn on/off the clouds.
1 button to turn on/off trending candles.

Banzai wrote: Fri Dec 26, 2025 5:49 pm TWINSMOOTH ATR BANDS
(on/off button)

Code: Select all

https://www.tradingview.com/script/4sxu2wqP-TwinSmooth-ATR-Bands-QuantEdgeB/

converted from a TradingView indicator.
Coder: QuantEdgeB
Date: December 2025

This indicator has 3 buttons:
1 button to turn on/off the ATR lines.
1 button to turn on/off the clouds.
1 button to turn on/off trending candles.

I’ve been looking for something to level up my re-entries — and this might just be it.

Banzai wrote: Fri Dec 26, 2025 5:49 pm TWINSMOOTH ATR BANDS
(on/off button)

Code: Select all

https://www.tradingview.com/script/4sxu2wqP-TwinSmooth-ATR-Bands-QuantEdgeB/

converted from a TradingView indicator.
Coder: QuantEdgeB
Date: December 2025

This indicator has 3 buttons:
1 button to turn on/off the ATR lines.
1 button to turn on/off the clouds.
1 button to turn on/off trending candles.

I am converting it to MT5 as well, as loved it.

PS: I noticed that the MT4 implementation uses iMA() at shifted indices (i, i+1, i+2), but TEMA should actually be calculated as 3*EMA1 - 3*EMA2 + EMA3 where EMA2 is the EMA of EMA1, and EMA3 is the EMA of EMA2 (triple smoothing). Right now it's comparing different time points rather than nested EMAs. Hope it's useful, good job anyway