Forex NR4ID ATR Indicator
This Old Kings indicator for MetaTrader 4 is called Forex NR4ID ATR Indicator. As the name suggests, the idea behind it is ATR volatility. In the code it works with ATR. It draws arrows on the chart. It has 2 settings, for example Per ATR (default 1) and Per NR (default 4). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. 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 Forex NR4ID ATR Indicator
Forex NR4ID ATR Indicator is an indicator for MetaTrader 4 based on ATR. It draws buy and sell arrows on the chart. It has 2 settings, such as Per atr and Per nr. MQL source code included.
Files in the download: installation manual.txt, nr4id-atr_761.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Per atr | 1 | |
| Per nr | 4 |
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 · Buy/Sell Arrows · MT4 Indicator · MQL4 Source Code