Forex ATR Levels Volume Indicator
Forex ATR Levels Volume Indicator — a MetaTrader 4 indicator kept in the Old Kings collection. Judging by its name, it is built around ATR volatility and volume. Its source code uses ATR. It has 5 settings, for example atr per1 (default 2), atr per2 (default 5) and ave per (default 44). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 2 indicator files 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 Forex ATR Levels Volume Indicator
Forex ATR Levels Volume Indicator is an indicator for MetaTrader 4 based on ATR. It has 5 settings, such as Atr per1, Atr per2 and Ave per. MQL source code included.
Files in the download: atr lvls.ex4, atr lvls.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Atr per1 | 2 | |
| Atr per2 | 5 | |
| Ave per | 44 | |
| Ave lv1 | 50 | |
| Ave lv2 | 162 |
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 · Volume · MT4 Indicator · MQL4 Source Code