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Simple ATR modern

37 USD

Demo downloaded: 14

Published: 9 September 2022

Current version: 1.2

Simple ATR modern

Indicators
Pavel Bereznichenko
Version: 1.2
Updated: 26 August 2023
Activations: 10

Simple ATR Modern

A streamlined tool for tracking market volatility with greater clarity, ideal for both day trading and swing trading.

It's the best indicator for starting trading or beginners.

Visual Indicator Color: ATR Daily - Blue

Enhance analysis by combining with the Volatility Vision indicator.

Precisely measures fluctuations in market conditions, essential for both day trading and swing trading decisions.

Utilizes a basic 14-day (configurable) simple moving average of true range indicators to ensure accuracy.

Ideal for implementing open deal or exit strategies in trading systems.

Why ATR indicators are better than others:

Simplicity of use: ATR indicators are easy to set up and understand, even for novice traders.

Versatility: Suitable for both day trading and swing trading, providing flexibility in various trading strategies.

Reliability: ATR provides accurate market volatility data, helping traders make more informed decisions.

Customizability: The ability to adjust the moving average period allows traders to tailor the indicator to their specific needs and preferences.

Combinability: ATR integrates easily with other indicators, such as Volatility Vision, for deeper market condition analysis.

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37 USD

120 USD

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Version 1.2 2023.08.26

In the 1.2 version of the MQL5 indicator, the following changes were made to enhance its functionality and usability:

Removal of "shift" Argument: The "shift" argument was removed from the indicator, simplifying its usage and reducing potential confusion for users.

Addition of Two Expert-Related Arguments: Two new arguments were introduced to facilitate the use of the indicator in conjunction with an expert advisor (EA). These additional arguments likely help the EA to interact more effectively with the indicator's signals.