% ATR indicator

I'm sure someone somewhere has created it, but my best Googling doesn't find it.

I'm looking for an MT4 indicator that shows, in text form only, the % move from the open (00:00 GMT) of a set ATR (14 day by default).

So, today since open, it has moved 65% of it's average range etc. I saw something similar by Thatwasme but it was just a straight % move on the day, but it's that kind of thing.

Anyone know? Cheers in advance.

I have a very useful little indi which I run on all charts in a single line across the bottom. It displays current Spread , Buy Swap , and Sell Swap. Unfortunately it is an ex4 file but I really am hoping that one of you coders will pick it up and say " Huh ! I can rewrite this in five minutes." What I want is the ATR included. Using the MT4 ATR puts it in the wrong place as you will see if you will just, please, please :-) 0 help me. The ATR should be adjustable period (of course) but can happily be in the same current text style or maybe you could provide alternatives for all - your choice.
Sincer thanks,
Michael.

Riiiight, the guy above is really for a different thread.

I'm sure someone has got something like this. Anyone? And please, no more PMs offering to code it for me for a price.

This is a dead simple, very useful bit of information to have. I've been doing it manually for ages now, but it seems ridiculous when it should be easy to program

Cheers

triphop,

did you ever get or find an answer to this as I think I am looking for something similar to project the trading range and % (50, 75 and 100%) for the current day and draw a small horizontal line at each level covering only the time for that days price action

I did... this little beauty gives you % ATR plus it puts up a marker above and below price at 100% of ATR.

Not exactly what you want, but pretty close.

thanks to the author whoever it was...

thanks triphop I will take a look

this one seems to be projecting different final levels from the indicator I already have which is precompiled so I cannot modify it

Hi i was wondering if anyone can help modify this indicator to alert me when a current Bar closes and its range is below 50% of the 20day ATR range to send me an alert.

The attached indicator already displays the bar in colour when it occurs but i need to get it to alert and email me when im away from the screen.

My idea here is that when a bar is 50% below the ATR range, the market is consolidation, therefore i expect the price to break out of this consolidation range soon to return back to the orginal 100% atr range in the near future. This is a great way to trade breakouts before markets open, and only trade breakouts that have been consolidating so that the move is stronger.

i really only need this to sound on the 4hr 00:00 - 4:00 bar as identifyied in the screen shot, so if you can make the alert only happen for that bar that would be great.

any help will be much appreciated and any one who would like to help program an EA for my system, i am more than happy to share the strategy with them.

Thanks in advance.

Byn

I've been working on this ATR indicator not sure if it's what you're looking for or not.

Basically what it does is:

1. Takes the range(high-low) the last x bars.
2. Averages the range of the last x bars.
3. Displays as a histogram the percentage of change from the average.
4. Takes an average of the percentage of change from the average.
5. Allows you to set a horizontal line at your preference so you can see when the average is breaking out.

http://www.jeremywhittaker.com/2010/...out-indicator/

Hope this helps.

bump !

Has anyone got an indicator that does what triphop originally requested ? I'm after exactly that but have struggled to find one online.

If you read this thread very carefully, you will see that triphop actually posted the indicator that he was looking for.

i try to download indicator but not work in my mt4 (some compile error)

perhaps this is daily change percentage mt4 indicator you need


credits and mt5 version can be found here https://www.earnforex.com/metatrader...entage-Change/