ATR Bands 2.01 5
ATR Bands 2.01 5 is an indicator for MetaTrader 4 from the Old Kings collection. Its name points to ATR volatility. It has 7 settings, for example Ma Period (default 30), Ma Mode (default ma_lwma) and Price (default pr_close). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 1 indicator file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v1.0 · Free
About ATR Bands 2.01 5
ATR Bands 2.01 5 is an indicator for MetaTrader 4. It has 7 settings, such as Ma period, Ma mode and Price. MQL source code included.
Files in the download: ATR Bands 2.01.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Ma period | 30 | Ma period |
| Ma mode | ma_lwma | Ma averaging type |
| Price | pr_close | Price |
| Atr period | 30 | Atr period |
| Atr ma type | ma_sma | Atr averaging type |
| KATR | 2.618 | Atr multiplier |
| Show mid ma | true | Show middle moving average |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: ATR · MT4 Indicator · MQL4 Source Code