Hi mrtools
I hope you remember the quoted post of you,
I hope you may, if possible, to add the MTF, arrow code, arrow size and arrow Gap and of course the onFirstBar options
Thanks
Hi mrtools
Welcome brother. Kindly wait for experts' response.Flavio Esteves wrote: Sat Jan 11, 2020 1:49 am Hi All! I'm new here, glad to join! Does anyone have experience with average true range (ATR) indicators? If yes, are they any useful? Some traders swear by it, but I'm skeptic about indicators in general.
Welcome to the group. The ATR shows the average pips within a certain amount of days (default is 14). I use it to set my TPs when my system gives me a signal. One strategy some trades have employed is to set their TP at ATR and SL at 1.5 ATR. If your algo is tight, you should win more than you lose. However, under that strategy, 2 losses would wipe out 3 winners.Flavio Esteves wrote: Sat Jan 11, 2020 1:49 am Hi All! I'm new here, glad to join! Does anyone have experience with average true range (ATR) indicators? If yes, are they any useful? Some traders swear by it, but I'm skeptic about indicators in general.
Try!!pin12 wrote: Sun Jan 12, 2020 7:36 am Hi
This indicator seems to have stopped working in the latest versions of Metatrader 4.
Would it be possible for someone to repair it please?
Thanks in advance ..
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