Premium3 768x90
View RSS Feed

mql5

  1. Step average (atr based for MT5

    by , 03-18-2020 at 10:19 AM
    Step average (atr based) - indicator for MetaTrader 5

    Name:  stepatr1.png
Views: 45
Size:  17.5 KB

    It is using percent of ATR (Average True Range) as a filter. It is done in order to fix one of the weak points of using fixed (pips) step size : different time frames tend to have different results for fixed step size (ie: higher time frames become almost without steps and lower time frames still have those steps for same setting). Percent of ATR usage fixes that and makes it a sort
    ...