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ATRSmoothed - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources

author EAcpu | 2 reads | 0 comments |

ATRSmoothed - indicator for MetaTrader 5

Luis Guilherme Damiani

Common average true range, with the ability to smooth the resulting curve using additive averaging methods.

The indicator uses SmoothAlgorithms.mqh library class (copy it to \MQL5\Include). The use of the class "Average price series for intermediate calculations without using additional buffers" is described in detail in the article.

ATRSmoothed - indicator for MetaTrader 5

Figure 1. ATRSmoothed indicator


Attachment download

📎 atrsmoothed.mq5 (7.31 KB)

📎 smoothalgorithms.mqh (130.19 KB)

Source: MQL5 #14618

ATRSmoothed - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions

ATRSmoothed - MetaTrader 5 script | Foreign exchange indicator download - MT4/MT5 resources are foreign exchange indicator related resources. 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 on titles or short-term profit descriptions.

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