MA-ATR - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
Rasul Mojtahzadeh
This indicator combines moving averages (MA) and average true range (ATR) to visualize potential trading signals. The black solid line represents MA, the red solid line represents MA+2*ATR, the red dotted line represents MA+1.5*ATR, the green solid line represents MA-2*ATR, and the green dotted line represents MA-1.5*ATR.
2. Short position above the 1.5 ATR line
Attachment download
📎 MA-ATR.mq4 (4.19 KB)
Source: MQL5 #11166
MA-ATR - MetaTrader 4 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
MA-ATR - MetaTrader 4 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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