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ATrend

10 purchases per month

40 USD

Demo downloaded: 422

Published: 16 August 2024

Current version: 2.0

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Overview
Reviews (17)
Comments (25)
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ATrend

Name: ATrend
Price: 40.00 USD
Rating: 4.875 (8 reviews)
Author: Zaha Feiz

4.88

Indicators
Zaha Feiz
Version: 2.0
Updated: 6 October 2024
Activations: 11

ATREND: How It Works and How to Use It

How It Works

The "ATREND" indicator for the MT5 platform is designed to provide traders with robust buy and sell signals by utilizing a combination of technical analysis methodologies. This indicator primarily leverages the Average True Range (ATR) for volatility measurement, alongside trend detection algorithms to identify potential market movements.

Leave a massage after purchase and receive a special bonus gift.

Key Features:

⦁ Dynamic Trend Detection: The indicator assesses market trends and adjusts its signals accordingly, helping traders align their strategies with prevailing market conditions.

⦁ Volatility Measurement: By employing ATR, the indicator gauges market volatility, which is crucial for determining optimal Stop Loss (SL) and Take Profit (TP) levels.

⦁ Signal Visualization: The indicator visually represents buy and sell signals on the chart, enhancing decision-making for traders.

Operational Steps

Inputs and Settings

⦁ TimeFrame: This input allows you to set the primary timeframe for the indicator's calculations. The default value is set to 15 minutes.

⦁ TimeFrame2: This input can be used to define a secondary timeframe for additional analysis, with a default value of 1 minute.

⦁ Shift: This parameter allows you to shift the indicator's calculations back in time, with a default value of 0.

⦁ SLATR: This input defines the multiplier used to calculate the Stop Loss level based on ATR, with a default value of 2.56.

⦁ TPATR: This input defines the multiplier used for calculating the Take Profit level based on ATR, also set to 2.56 by default.

⦁ AlertsOn: Enables or disables alerts for trading signals. The default is set to true.

⦁ AlertsMessage: When enabled, this option sends alert messages. The default is set to true.

⦁ AlertsEmail: This option allows for email notifications when alerts are triggered. The default is set to false.

⦁ AlertsSound: This option enables sound notifications for alerts. The default is set to false.

ATR Calculation

⦁ ATR Measurement: The ATR is calculated to assess market volatility, which influences SL and TP levels. This measurement is critical for managing risk effectively.

Signal Generation Logic

The OnCalculate function processes the following:

1 Data Validation: The function first checks if the necessary data is available for calculation. If not, it resets the indicator.

2 Trend Analysis: The function computes the highest highs and lowest lows over a specified period to determine the current trend.

3 Signal Conditions:

⦁ If the closing price exceeds the calculated high, a buy signal is generated.

⦁ Conversely, if the closing price is below the calculated low, a sell signal is generated.

1 Visual Representation: The indicator draws lines for SL and TP on the chart, providing clear visual cues for traders.

How to Use

Adding the Indicator to the Chart

1 Download the ATREND indicator from a trusted source.

2 In MT5, navigate to "File" > "Open Data Folder."

3 Go to the "MQL5" folder, then "Indicators."

4 Place the downloaded .ex5 file into this folder.

5 Restart MT5 to ensure the indicator appears in the "Navigator" window.

6 Drag the indicator from the "Navigator" onto your chart.

Setting Parameters

⦁ TimeFrame: Set the primary timeframe for calculations (default is 15).

⦁ TimeFrame2: Define a secondary timeframe for additional insights (default is 1).

⦁ Shift: Adjust the calculation shift (default is 0).

⦁ SLATR: Set the Stop Loss multiplier based on ATR (default is 2.56).

⦁ TPATR: Set the Take Profit multiplier based on ATR (default is 2.56).

⦁ AlertsOn: Toggle to enable or disable alerts.

⦁ AlertsMessage: Enable or disable alert messages.

⦁ AlertsEmail: Toggle to enable email notifications.

⦁ AlertsSound: Toggle to enable sound alerts.

Interpreting Signals

⦁ Buy Signals: Indicated by a specific visual cue (e.g., green arrows).

⦁ Sell Signals: Marked by a different visual cue (e.g., red arrows).

⦁ Stop Loss and Take Profit Lines: Use these to manage your trades effectively.

Using Alerts

⦁ Set up alerts in MT5 to be notified of buy and sell signals based on the indicator's conditions.

Important Notes

⦁ Risk Management: Always utilize Stop Loss points to manage trading risks effectively.

⦁ Testing and Optimization: Test the indicator on a demo account before applying it to live trading scenarios to ensure its effectiveness.

Combine with Other Analyses: Enhance your trading decisions by integrating this indicator with other technical and fundamental analysis methods.

more...

Oleg Fatykhov 2024.11.03 16:41 #

Hello everyone!! I bought an indicator.I went in my free time to make a couple of trades, the indicator works well, I am glad that I bought this indicator, it is suitable for both beginners and experienced traders. Thank you very much for the work done.

BlackWaterII 2024.10.13 21:05 #

I have tried and tested the resilience of this indicator and I would say that it is very powerful at predicting trade directions with near-perfect accuracy, especially for BTC. I will recommend this indicator to anyone who seeks to maximise their trade profits. It is well "engineered" and fit for purpose.

mohamed daoud 2024.09.29 05:12 #

I find this very well done . The seller is always supportive of any questions. Ms. Zaha Feiz

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195 USD

59 USD

ATLogic Indicator: A Versatile Tool for All Trading Instruments ATLogic is a comprehensive and user-friendly technical analysis tool designed for a wide range of financial instruments, including all currency pairs, indices, and cryptocurrencies. This versatile indicator offers traders powerful insights across various markets: Leave a massage after purchase and receive a special bonus gift. "DM me to connect with my AI tutor and learn how to use this indicator more effectively!" Key Fe

30 USD

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alex_morgado_brasil 2024.11.14 20:06 #

I bought it a few days ago, and I've already entered into some winning trades, the indicator is very good.

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PieterK 2024.11.11 16:02 #

User didn't leave any comment to the rating

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Reply from developer Zaha Feiz 2024.11.12 11:24 #

Thanks for the awesome feedback! I’m delighted you’re happy

Oleg Fatykhov 2024.11.03 16:41 #

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Reply from developer Zaha Feiz 2024.11.04 00:57 #

Thank you for being with me

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cubetrader33 2024.10.31 23:40 #

User didn't leave any comment to the rating

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Reply from developer Zaha Feiz 2024.11.04 00:57 #

Your satisfaction is our top priority. Thank you for trusting us!”

BlackWaterII 2024.10.13 21:05 #

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Reply from developer Zaha Feiz 2024.10.21 00:19 #

Glad you’re happy with it! Our team is constantly working on updates to enhance performance. Thanks

Hugo José 2024.10.10 02:36 #

User didn't leave any comment to the rating

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Reply from developer Zaha Feiz 2024.10.11 01:39 #

I have just bought this indicator and the results are amazing, 80 to 90% of operations are profitable, I highly recommend it, but yes, accompany it with other indicators to have a greater winning ratio, also, could you recomend me a setting and in what divisa or cripto trade pls, and thx

mohamed daoud 2024.09.29 05:12 #

I find this very well done . The seller is always supportive of any questions. Ms. Zaha Feiz

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Reply from developer Zaha Feiz 2024.10.11 01:33 #

lad you’re happy with it! Our team is constantly working on updates to enhance performance. Thanks

bajz 2024.09.25 22:33 #

User didn't leave any comment to the rating

2998

Reply from developer Zaha Feiz 2024.10.11 01:32 #

thanks alot

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Clayton Prickett 2024.09.25 19:58 #

User didn't leave any comment to the rating

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Reply from developer Zaha Feiz 2024.10.11 01:32 #

thanks

Andrei Timofejev 2024.09.22 07:54 #

User didn't leave any comment to the rating

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Reply from developer Zaha Feiz 2024.10.11 01:30 #

Напишите мне пожалуйста, по правилам вашего сайта, вы можете вернуть его до установки на аккаунт

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Mohit Verma 2024.09.18 10:04 #

In my testing, it showed a success rate of around 70%. It's a straightforward tool, making it easy for beginners to study and use.

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Reply from developer Zaha Feiz 2024.10.11 01:19 #

Glad you’re happy with it! Our team is constantly working on updates to enhance performance. Thanks

ehsan akbari 2024.09.16 10:08 #

User didn't leave any comment to the rating

2998

Reply from developer Zaha Feiz 2024.09.16 14:42 #

Thanks for the awesome feedback! I’m delighted you’re happy

Amukel 2024.09.13 13:10 #

So far so good 🙌🏾

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Reply from developer Zaha Feiz 2024.09.16 14:43 #

i am glad for this

Sandra Prakash 2024.09.11 17:06 #

user friendly.. good guidance zones

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Reply from developer Zaha Feiz 2024.09.16 14:42 #

thanks my friend

131

Aydin Oezdeveci 2024.09.11 01:41 #

appears to be successful in tests, very easy to use

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Reply from developer Zaha Feiz 2024.09.11 13:38 #

Your support is much appreciated! 🌟

kobusoosthuizen Oosthuizen 2024.08.24 11:23 #

User didn't leave any comment to the rating

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Reply from developer Zaha Feiz 2024.08.25 13:52 #

Your review means a lot to us! We’re constantly striving to make the indicator even better. Thanks! 🚀

Victor Andrew 2024.08.19 21:08 #

User didn't leave any comment to the rating

2998

Reply from developer Zaha Feiz 2024.08.20 00:35 #

Thanks for the awesome feedback! I’m delighted you’re happy

Version 2.0 2024.10.06

+ Fix bugs