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Awesome ATR Indicator

The Awesome ATR Indicator is a technical analysis tool developed for the MetaTrader 4 (MT4) platform. This indicator is designed to assist traders in determining stop loss and take profit levels based on the average value of the Average True Range (ATR). By leveraging the market volatility data provided by ATR, this indicator offers more accurate and dynamic guidance in setting these crucial trading levels.

Key Features:

  1. Dynamic Stop Loss Determination:

    • Calculates stop loss levels based on the ATR value, allowing for adjustments according to current market volatility.

  2. Dynamic Take Profit Determination:

    • Sets take profit levels considering market volatility, providing flexibility in achieving profit targets.
    • Helps traders set realistic profit expectations in line with market conditions.

  3. Clear Visual Display:

    • Provides easy-to-understand charts and visual indicators, facilitating real-time monitoring of stop loss and take profit levels.
    • Clear colors and markers for key levels reduce human error in setting trading levels.

  4. Buffer Add : 

      • Buffer data is included for use as analysis by expert advisors.

    ATR parameters can be adjusted according to individual trading preferences and strategies.Flexible settings allow traders to adapt this indicator to various currency pairs and time frames.

































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    Bernhard Schweigert
    4.88 (33)
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    ICT, SMC, SMART MONEY CONCEPTS, SMART MONEY, Smart Money Concept, Support and Resistance, Trend Analysis, Price Action, Market Structure, Order Blocks, BOS/CHoCH,   Breaker Blocks ,  Momentum Shift,   Supply&Demand Zone/Order Blocks , Strong Imbalance, HH/LL/HL/LH,    Fair Value Gap, FVG,  Premium  &   Discount   Zones, Fibonacci Retracement, OTE, Buy Side Liquidity, Sell Side Liquidity, BSL/SSL Taken, Equal Highs & Lows, MTF Dashboard, Multiple Time Frame, BigBar, HTF OB, HTF Market Structure, 
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    Paulo Rocha
    5 (1)
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    Komang Putra Riswanjaya
    5 (2)
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    Awesome Supply Demand
    Komang Putra Riswanjaya
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    Awesome MACD Indicator
    Komang Putra Riswanjaya
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    Awesome Pivot Indicator
    Komang Putra Riswanjaya
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    Catcher Owl
    Komang Putra Riswanjaya
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    Komang Putra Riswanjaya
    This Expert Advisor designed for traders seeking a steady and reliable approach to the market. This EA adopts a strategic methodology by analyzing the market trend on a weekly basis, ensuring well-informed trading decisions.  This EA has passed a 5++ year backtest Key Features: Weekly Market Trend Analysis: block Friday employs a robust algorithm to analyze the market trend on a weekly basis. This strategic approach allows traders to make informed decisions based on the broader market context. O
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    Komang Putra Riswanjaya
    P Project is a dynamic and intelligent Expert Advisor meticulously crafted for traders seeking an effective strategy in the forex market. This EA employs a robust approach, utilizing pivot points to analyze market trends and make strategic trading decisions. This EA has passed a 5++ year backtest Key Features: Pivot Point Analysis: P Project leverages pivot points to analyze market trends comprehensively. This allows for a nuanced understanding of price movements, enabling the EA to make inf
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    Komang Putra Riswanjaya
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    Komang Putra Riswanjaya
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    Komang Putra Riswanjaya
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    Komang Putra Riswanjaya
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    Komang Putra Riswanjaya
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