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The real ATR

The indicator determines the ATR value (points) in a classic way (taking into calculation paranormal bars/candles) and more correctly - ignoring paranormal movements of the Instrument.
Correctly it is excluding paranormal bars from the calculation, extremely small bars (less than 5% of the standard ATR) and extremely large bars (more than 150% of the standard ATR) are ignored.

The Extended version - allows you to set calculation parameters and a lot of other input parameters

Version for МТ5 -> LINK

On the chart of the instrument, the Indicator displays the following useful information::

  • ATR Days(x) - calculated ATR value for X days excluding paranormal days
  • Done(p) - value, in points, how much the instrument has already “traveled” for the current day relative to the ATR value calculated above
  • Left(p) - value, in points, how much time the instrument has left to “travel” for the current day relative to the ATR value calculated above
  • Classic ATR - calculation style is classic (YES) or correct, excluding paranormal bars (NO)
  • Spread - the value of the instrument spread at the time the information is displayed

General parameters:

  • Font size - sets the font size for information fields
  • Shift from UP - indentation in points from the top edge of the instrument chart
  • Shift static data from right - indentation in points from the right side of the instrument chart to display the static part of the indicator information
  • Shift dynamic data from right - indentation in points from the right side of the tool chart for displaying the dynamic/changeable part of the information indicator

Раздел расчета ATR:

  • Calculation days - the number of days for which the correct ATR value is calculated minus the paranormally large and small days of instrument volatility is specified



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Stratos Pali Indicator   is a revolutionary tool designed to enhance your trading strategy by accurately identifying market trends. This sophisticated indicator uses a unique algorithm to generate a complete histogram, which records when the trend is Long or Short. When a trend reversal occurs, an arrow appears, indicating the new direction of the trend. Important Information Revealed Leave a review and contact me via mql5 message to receive My Top 5 set files for Stratos Pali at no cost! Dow
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Indicators
Matrix Arrow Indicator MT4  is a unique 10 in 1 trend following 100% non-repainting  multi-timeframe indicator that can be used on all symbols/instruments: forex, commodities, cryptocurrencies, indices, stocks.  Matrix Arrow Indicator MT4 will determine the current trend at its early stages, gathering information and data from up to 10 standard indicators, which are: Average Directional Movement Index (ADX) Commodity Channel Index (CCI) Classic Heiken Ashi candles Moving Average Moving Avera
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The indicator determines the ATR value (points) in a   classic way   (taking into calculation paranormal bars/candles) and   more correctly   -   ignoring   paranormal movements of the Instrument. Correctly it is excluding paranormal bars from the calculation, extremely small bars (less than 5%( customizable ) of the standard ATR) and extremely large bars (more than 150% ( customizable ) of the standard ATR) are ignored. This is a  Extended   version - allows you to set calculation parameters a
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Vyacheslav Krivorot
118
Vyacheslav Krivorot 2024.05.10 16:28 
 

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