ATR_Volatility - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
This indicator shows when the ATR value is higher/lower, or within two levels of set values (minimum and maximum).
Levels can be specified in points and as a percentage relative to the minimum and maximum values of ATR within a given bar range.
There are five inputs:
The indicator histogram columns are colored in three colors according to the ATR value:
Attachment download
📎 atr_volatility.mq5 (10.76 KB)
Source: MQL5 #21405
ATR_Volatility - MetaTrader 5 script | Foreign exchange indicator download - MT4/MT5 resource usage and screening suggestions
ATR_Volatility - 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 only on titles or short-term profit descriptions.
💡 Featured Recommendations
✍️ Latest by the author
- •
- •
- •
- •
- •
- •
📌 Popular topics
- •
- •
- •
- •
- •
- •
- •
- •
🔗 You May Be Interested In
- •
- •
- •
- •
- •
- •