Baseline: iMA + ATR Bands - MetaTrader 5 Script | Trading Script Download - MT4/MT5 Resources
Indicator name : Baseline: iMA + ATR band
describe :
Baseline: iMA+ATR Band is a custom indicator that combines a standard moving average (MA) with upper and lower limits based on Average True Range (ATR). The result is a simple yet powerful visualization tool for identifying market trends, potential breakouts, and volatility.
background :
This indicator is inspired by the No-Nonsense Forex (NNFX) trading method, where the baseline acts as a major trend filter. I developed this to make baseline settings easier to read and interpret directly on the chart.
Trading advice (non-financial advice):
Use the MA line as your baseline trend filter.
A price break above the upper band could signal bullish momentum.
Price crossing the lower band may indicate bearish momentum.
Combine confirmation, volume and exit indicators that match your strategy (such as the NNFX Guide).
Enter settings:
Color and line settings:
Attachment download
📎 imayatr_bands.mq5 (11.7 KB)
Source: MQL5 #60054
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