The No Nonsense ATR Indicator is a highly useful Forex indicator designed for MT4, one of the most popular trading platforms in the market. This indicator provides traders with valuable information about market volatility, enabling them to make well-informed trading decisions. Best of all, it is available for free, making it an excellent choice for traders on a budget. The mechanics of the No Nonsense ATR Indicator are relatively straightforward. It calculates the Average True Range (ATR) using a specific formula and displays this information on the trading chart. This allows traders to gauge the average price range over a particular period, enabling them to identify potentially profitable entry and exit points. Overall, the No Nonsense ATR Indicator is a powerful tool that can greatly enhance a trader’s ability to analyze market conditions and make more accurate trading decisions. Whether a novice or experienced trader, this free Forex indicator is invaluable for those seeking to navigate the dynamic currency markets.
MT4
NO Nonsense ATR
The No Nonsense ATR Indicator is a popular and useful forex indicator for MT4. This free indicator calculates the average true range (ATR) to assist traders in determining the volatility and potential price movement in the forex market. Its straightforward design and user-friendly interface make it easy to use, providing accurate information to optimize trading decisions. Learn how to effectively interpret and incorporate the No Nonsense ATR Indicator in your forex trading strategies.
| Platform | |
|---|---|
| Timeframe |
0
People watching this product now!
Downloads - 16
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
FX Multi Meter
FX Multi-Meter Indicator is a new, popular and free forex indicator available for MT4. This indicator helps traders analyze multiple currency pairs on the same chart at the same time, allowing them to make better trading decisions. The FX multimeter indicator displays the strength and weakness of eight different currencies in real time, allowing traders to quickly identify the most profitable trading opportunities. With a user-friendly interface, you can quickly understand and analyze the market to improve your trading strategies and maximize profits.
Trend DashBoard
The Trend Dashboard Indicator is a powerful MT4 tool for forex traders who want to keep track of multiple currency pairs and timeframes on one chart. The indicator uses a dashboard to display the trend direction and strength for different currency pairs and timeframes. It also includes an alert feature that can notify traders of potential trading opportunities. With this indicator, traders can save time and stay on top of market trends, allowing them to make informed trading decisions.
Br RSI Multi Signal Scanner
The BR RSI Multi Signal Scanner Indicator is a useful and popular free Forex indicator for MT4. This indicator is designed to help traders identify profitable trading opportunities in the Forex market by scanning multiple time frames and displaying the Relative Strength Index (RSI) in a single chart. The indicator also provides entry and exit signals based on the RSI readings.
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.
Average True Range
The Average True Range Value indicator is a popular and free forex indicator available on MT4. This new indicator calculates the Average True Range (ATR) for the specified period and displays it in the corner of the chart. The ATR is a useful indicator for measuring market volatility and identifying potential trading opportunities that you can use to set stop loss levels or determine entry and exit points for your trades. Use the Average True Range Indicator to update your personal trading toolbox.
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.
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.
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.
Reviews
There are no reviews yet.