ATRstops_v1.1_Alert - MetaTrader 5 Script - MT4/MT5 Resource
Real author : Igorad
As trend indicators implemented by NRTR, alerts can be generated and email or push notifications sent. The average true range is used to construct a moving average.
The indicator was first implemented in MQL4 and published in the code base of mql4.com on April 7, 2008.
Figure 1 Indicator ATRstops_v1.1_Alert
Attachment download
📎atrstops_v1.1_alert.mq5 (31.93 KB)
Source: MQL5 #17881
ATRstops_v1.1_Alert - MetaTrader 5 script usage and screening recommendations
ATRstops_v1.1_Alert - MetaTrader 5 script is a resource related to Forex indicators. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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