3 Attachment(s)
ATR Trend Envelopes - indicator for MetaTrader 5
ATR Trend Envelopes - indicator for MetaTrader 5
Attachment 32500
Attachment 32501
Attachment 32502
Quote:
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 that the difference is big and that the "trend" should be redefined in the "classical" calculation.
1 Attachment(s)
Dolly Graphics v11 by cja for Metatrader 5
Dolly_Graphics_v11-GMTShift - indicator for MetaTrader 5
Real author is cja
Indicator was converted for Metatrader 5 by Nikolay Kositsin
Attachment 33399
3 Attachment(s)
MiniChart and SubMiniChart