The ATR Values Indicator is a popular and useful tool for forex traders using the MetaTrader 4 platform. This free indicator calculates the average true range (ATR) values for a specific period, allowing traders to assess market volatility and make informed trading decisions. The indicator works by analyzing price movement over a specified time frame, showing fluctuations in volatility levels. Traders can use this information to set stop-loss levels, determine profit targets, and identify potential entry and exit points. By understanding market volatility, traders can better manage risk and optimize their trading strategies. To use the ATR Values Indicator, simply install it on your MT4 platform and adjust the settings to suit your trading preferences. The indicator will then display ATR values on your chart, providing valuable insights into market conditions. Whether you’re a beginner or an experienced trader, this tool can enhance your forex trading experience.
MT4
ATR Values
ATR Values Indicator is a useful tool for forex traders on the popular MT4 platform. This free indicator calculates the Average True Range values to help traders determine market volatility and potential price movement. By analyzing ATR values, traders can make informed decisions on setting stop loss and take profit levels. The indicator is simple to use and provides valuable insights for traders.
| Platform | |
|---|---|
| Timeframe |
0
People watching this product now!
Downloads - 4
Description
Reviews (0)
How to Install
How install MT4/5 indicator in the terminal?
To install an MT4/5 indicator in the terminal, follow these steps:
Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.
Open the MT4/5 terminal and click on “File” in the top left corner.
Select “Open Data Folder” from the dropdown menu.
In the window that opens, double-click on the “MQL4/5” folder.
Double-click on the “Indicators” folder.
Drag and drop the indicator file from your computer into the “Indicators” folder.
Close the data folder window and restart the MT4/5 terminal.
The indicator should now be available in the “Navigator” window on the left-hand side of the terminal. Simply double-click on the indicator to add it to a chart.
Note: If the indicator is in a .zip file, you will need to extract it first before following the above steps.
And if asks to confirm DLL?
If the indicator you are installing requires access to external Dynamic Link Libraries (DLLs), you may see a pop-up message asking you to confirm the use of DLLs.
DLLs are external libraries that contain code that can be used by other programs. In the case of MT4/5 indicators, they are often used to perform complex calculations or connect to external data sources.
If you trust the source of the indicator and want to use it, click “Yes” to confirm the use of DLLs. If you are not sure or do not trust the source, click “No” to cancel the installation.
It’s worth noting that some indicators may not work properly without access to their required DLLs. If you choose not to allow access to DLLs and the indicator does not work as expected, you may need to reinstall the indicator and confirm the use of DLLs to get it to work properly.
Related products
Candlesticks Pattern
The Candlesticks Pattern Indicator is a useful MT4 tool for Forex traders. The indicator works by scanning the market for different candlestick patterns, such as the Doji, Hammer and Shooting Star, and then displaying the patterns on the chart. With the Candlesticks Pattern Indicator, traders can quickly and easily identify potential trading opportunities, making it a valuable tool for anyone looking to make successful trades in the Forex market.
Winprofit80 V2
The WinProfit80 v2 Forex indicator is a popular and free MT4 indicator that is useful for Forex traders. It is designed to help traders identify and capitalize on profitable trading opportunities in the Forex market. The indicator works by analyzing the market and providing traders with signals when there are high-probability trading opportunities. It looks for trading opportunities based on price action, trend direction, and momentum. The signals generated by the indicator can be used to enter or exit trades. The WinProfit80 v2 Forex indicator is a great tool for traders looking for an easy and efficient way to trade the Forex market.
Position Size Calculator
The Position Size Calculator indicator is a new and popular tool for forex traders that can be downloaded for free on the MT4 platform. This helps traders determine the correct position size for their trades based on the account balance, risk tolerance and the currency pair they are trading. The indicator takes into account the stop loss level, pip value and currency pair volatility to ensure that traders do not risk more than they can afford to lose. It is an essential tool for both beginners and experienced traders who want to effectively manage their risks and maximize their potential profits.
P4l Candletime
The P4L CandleTime indicator is a popular tool for forex traders and is available for free on the MT4 platform. The P4L CandleTime indicator works by tracking and displaying the open and close of candles and can be configured to display different time frames depending on the trader's preference. It is a simple and effective tool that both beginners and experienced traders can use to improve their trading strategies.
Average Daily Range Adr
The Average Daily Range (ADR) Indicator is a popular and free Forex indicator for the MT4 trading platform. It is a useful tool for traders as it helps them identify and take advantage of the range of price movements. The indicator shows the average daily range of a currency pair over a given period of time. This can be used to help traders identify entry and exit points for their trades. The indicator is easy to use and can be used to identify the volatility of a currency pair, as well as the potential for price movements. The ADR Indicator is a great way to take advantage of the market’s volatility and make more informed trading decisions.
Trading Volume
The Trading Volume Indicator is a useful, free Forex indicator for the popular MT4 platform. It is designed to help traders measure the volume of a currency pair in order to get an idea of the strength of the current trend. The indicator is easy to use and can be used to identify entry and exit points. The Trading Volume Indicator is a popular tool that can be used by traders to identify potential trading opportunities in the Forex market. It is a useful tool for both novice and experienced traders and is free to download and use.
Daily Atr
The Daily ATR Indicator is a popular and free Forex indicator for the MetaTrader 4 (MT4) trading platform. It is a useful tool that helps traders measure the volatility of the market by calculating the Average True Range (ATR) of a currency pair over a specified period of time. By analyzing the ATR of a currency pair, traders can determine the strength of the current trend and the potential for a reversal. The Daily ATR Indicator is a great tool for any trader looking to gain an edge in the Forex market.
Reviews
There are no reviews yet.