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Attachments: Request: ATR Indicator Made Up Of Data, Not Visual
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Request: ATR Indicator Made Up Of Data, Not Visual

  • Post #1
  • Quote
  • First Post: Edited 11:59pm Dec 16, 2007 8:07pm | Edited 11:59pm
I saw once that someone posted a chart with a bunch of ATR data below the screen, with stuff like yesterday's ATR, 5 days ATR and 10 days ATR and also pips left for the current day according to the ATR.

I can't remember where I saw that post and I am desperately looking for it.

Any help, truly appreciated

Thanks a lot !
"Lunch ? Lunch Is For Wimps !"
This is the one I use can't remember where I found it.
Attached File(s)
File Type: mq4 Daily Range Calculator.mq4   15 KB | 756 downloads
File Type: ex4 Daily Range Calculator.ex4   16 KB | 589 downloads
Thank you very much. I am at work now so I cannot check it out yet, but as soon as I go home I'll give it a try.

Thank you very much !
"Lunch ? Lunch Is For Wimps !"
I finally got home and downloaded it ! This was it, this is what I was looking for

Thank you very much !!!

Can I ask a few questions ?

Risk reward ratio is at 3. What does it mean ?

Pips at 2. What does it mean ?

"Average Daily Range" on top, is based on what ? Today ?

Thanks a lot !!!!
"Lunch ? Lunch Is For Wimps !"
Quoting MrFuture
I finally got home and downloaded it ! This was it, this is what I was looking for

Thank you very much !!!

Can I ask a few questions ?

Risk reward ratio is at 3. What does it mean ?

Pips at 2. What does it mean ?

"Average Daily Range" on top, is based on what ? Today ?

Thanks a lot !!!!
Risk reward is a number you can set. It takes the Room up or down and divides it by the Risk reward to get the stop loss.

Pips at is where the stop loss should be set if going long or short. I ignore that part of the indicator. I like the range indications the best. The rest is just blind calculations not very reliable.

Not sure on the ADR at the top as far as what the time base is.

Glad to help.
Thanks a lot !

The ADR on top is the average of yesterday, 5 day, 10 day and 20 day average...I just calculated it and the number came out the same

It is a nice tool to have IMO.

Were you ever able to change colors/fonts without having it change back to original settings after a few minutes ?

I tried but it all went back to default....
"Lunch ? Lunch Is For Wimps !"
which colors do you want to change. I can go in and modify the file and post it here.
Quoting magnumfreak
which colors do you want to change. I can go in and modify the file and post it here.
Oh no, do not worry about it. It is fine like this

You have been very helpful !
"Lunch ? Lunch Is For Wimps !"
Quoting magnumfreak
which colors do you want to change. I can go in and modify the file and post it here.
Can you modify it so it also displays today's range?
I do not know why people have not done that yet!
Todas's range is very important IMHO in that it tell quickly if the pair is trading out of bounds...and thus a higher expectation to revert to the mean average.

Like GBPUSD trade range for Feb 1 2008
Quoting fxgreek
Can you modify it so it also displays today's range?
I do not know why people have not done that yet!
Todas's range is very important IMHO in that it tell quickly if the pair is trading out of bounds...and thus a higher expectation to revert to the mean average.

Like GBPUSD trade range for Feb 1 2008
Here is a Data only version I just put together with room for 5 ATR values and timeframes, and todays range so far at the top.
Attached File(s)
File Type: mq4 Multi ATRs Data only Comments.mq4   4 KB | 756 downloads
it's perfect. without effort, you can easily figure out how much room there is left in a currency pair, without interpreting a graph.
thanks!
Just Trade.
  • Post #12
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  • Last Post: Feb 25, 2016 6:01am Feb 25, 2016 6:01am
Quoting smjones
{quote} Here is a Data only version I just put together with room for 5 ATR values and timeframes, and todays range so far at the top. {file}
Nice one - useful, thank you!!!
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