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Re: Something interesting please post here (Metatrader)

#1981
Oscillator of the OsMA type but interpreted for the ATR oscillator. It is used as an additional signal (crossing 0) to exit the position with the maximum profit. Normalized for the current state of the EURUSD H4. It is possible to change the periods of ATR and signal line as well as the calculation methods for moving averages of ATR and signal line.
ATR_MA_Oscillator.mq4
(2.18 KiB) Downloaded 145 times
My Son, Conduct Your affairs with H u m i l i t y
and you will be L o v e d more than a giver of Gifts.
H u m b l e Yourself The More, The G r e a t e r You are,
and You will find M e r c y in The Sight of G o d
——Sirach Chapter 3(17-18)


ATR Voltility (4 color)

#1983
ATR Voltility (4 color)

This is another moded one for my personal use.

I couldn't read the ATR values so decided to change the value depending on the digits. Multiple colors to be easy on the eyes and user friendly.

2022-05-22 21_10_22-EURUSD,M5.png
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ATR Volitility (4 Color).ex4
(15.83 KiB) Downloaded 135 times

Re: ATR Voltility (4 color)

#1984
thiru wrote:
Sun May 22, 2022 11:26 pm
ATR Voltility (4 color)

This is another moded one for my personal use.

I couldn't read the ATR values so decided to change the value depending on the digits. Multiple colors to be easy on the eyes and user friendly.


Image


//
//
ATR Volitility (4 Color).ex4
I like this indicator of yours
My Son, Conduct Your affairs with H u m i l i t y
and you will be L o v e d more than a giver of Gifts.
H u m b l e Yourself The More, The G r e a t e r You are,
and You will find M e r c y in The Sight of G o d
——Sirach Chapter 3(17-18)

InfoRe: ATR Voltility (4 color)

#1985
thiru wrote:
Sun May 22, 2022 11:26 pm
ATR Voltility (4 color)

This is another moded one for my personal use.

I couldn't read the ATR values so decided to change the value depending on the digits. Multiple colors to be easy on the eyes and user friendly.
//
//
ATR Volitility (4 Color).ex4
This is excellent bro you have some hidden aces up your sleeve Thiru. Whoa! 😯
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LoveRe: ATR Voltility (4 color)

#1987
thiru wrote:
Sun May 22, 2022 11:26 pm
ATR Volitility (4 Color).ex4
this is such nice invention thiru......... really good concept for the eyes......... can i ask how i may use dis on higher timeframe?? cos i adjusted atr multiplier the default is:

  • 4.618
  • 8.618
  • 12.618

whichis work bliss for 1 minute & 5 min tf on normal pairs not volatile ones like gbpjpy etc should i make atr levels much higher for 4H and daily??
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Re: ATR Voltility (4 color)

#1988
moey_dw wrote:
Mon May 23, 2022 4:20 pm
this is such nice invention thiru......... really good concept for the eyes......... can i ask how i may use dis on higher timeframe?? cos i adjusted atr multiplier the default is:
  • 4.618
  • 8.618
  • 12.618
whichis work bliss for 1 minute & 5 min tf on normal pairs not volatile ones like gbpjpy etc should i make atr levels much higher for 4H and daily??
moey, its a fairly very simple concept;
2022-05-23 15_32_42-EURUSD,H4.png
What it does is it takes the ATR (say 14 periods) and it multiplies the ATR Value by 10000 for 5 digit pairs, 100 for 3 digit pairs etc. This way, we get more human-readable values. You can say that the ATR values are magnified.

Then the ATR multiplier (default I put it as 2) is to multiply the ATR value by that number. You can put it as 1. That should be better.

Then for colouring, you can change the Level values as you want. Yes, the one that I'm using is for 5 min charts. For H4, obviously, the level values need to be changed. See the attached picture. (Yes, you put the Level values as input and it does the rest. Changing the level values in Level tab has no effect)

Hope this helps :)

Re: Something interesting please post here (Metatrader)

#1989
honje19960321 wrote:
Mon May 16, 2022 3:31 am
Oscillator of the OsMA type but interpreted for the ATR oscillator. It is used as an additional signal (crossing 0) to exit the position with the maximum profit. Normalized for the current state of the EURUSD H4. It is possible to change the periods of ATR and signal line as well as the calculation methods for moving averages of ATR and signal line.
mrtools wrote:
Mon May 29, 2017 1:15 pm
Branco hope you don't mind, i added more color to the histo, along with the zero cross alerts, also cleaned the code and made it user friendly.
Image
My Son, Conduct Your affairs with H u m i l i t y
and you will be L o v e d more than a giver of Gifts.
H u m b l e Yourself The More, The G r e a t e r You are,
and You will find M e r c y in The Sight of G o d
——Sirach Chapter 3(17-18)


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