Wilder_ATR - MetaTrader 5 Script | Trading Script Download - MT4/MT5 Resources
Wilder ATR is the average true range J. Wells Wilder
It has two tunable parameters:
Wilder ATR = MA(TR, period, method)
TR (true range) = maximum value (HL, HC, LC)
HL = high-low
HC = Abs (highest price - previous closing price)
LC = Abs(low-previous closing price)
Attachment download
📎 wilder_atr.mq5 (7.84 KB)
Source: MQL5 #23016
Wilder_ATR - MetaTrader 5 script | Trading script download - MT4/MT5 resource usage and screening suggestions
Wilder_ATR - MetaTrader 5 script | Trading script download - MT4/MT5 resources are trading script 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 only on titles or short-term profit descriptions.
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