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  1. ATR Trend Envelopes - indicator for MetaTrader 5

    by , 08-08-2018 at 09:47 AM
    ATR Trend Envelopes - indicator for MetaTrader 5

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    The reason why the ATR is used is the following - the % change works OK for middle term timeframes. But for short timeframes and long timeframes it tends to be either too slow or too fast. Here is a comparison of this indicator (upper) and the "classical" version (lower) on daily timeframe. It is obvious
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