Mql5官网 Simple ATR 外汇EA

Indicator Simple ATR 

It is used in technical analysis to measure market volatility and show it as a level that is more understandable to the eye and not as an oscillator.

There are 3 types of ATR measurement in total

1. Day – Blue
2. Weekly – Red
3. Monthly – Yellow

The possibilities of using the APR in trade can be found in the internet.

It can also be used in conjunction with another author’s indicator Volatility Vision

🟢The Average True Range indicator measures market volatility. Volatility can be low while the market is growing (and vice versa).

🟢It is usually derived from a 14-day simple moving average series of true range indicators.

🟢ATR can be used to enter and exit trades and is a useful tool to add to a trading system.

🟢ATR is commonly used as an exit method that can be applied regardless of how the entry decision is made.

🟢One popular technique for getting out of a position during a trend change, known as “chandelier exit”, was developed by Chuck LeBeau and is based on ATR values.