Forex Stop ATR Auto Indicator
Forex Stop ATR Auto Indicator — a MetaTrader 4 indicator kept in the Old Kings collection. As the name suggests, the idea behind it is ATR volatility. It has 6 settings, for example Color Upper Stop (default Blue), Color Lower Stop (default Brown) and Show Graf (default true). 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 Forex Stop ATR Auto Indicator
Forex Stop ATR Auto Indicator is an indicator for MetaTrader 4. It has 6 settings, such as Color upper stop, Color lower stop and Show graf. MQL source code included.
Files in the download: installation manual.txt, StopATR_auto.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Color upper stop | Blue | Colour on the chart |
| Color lower stop | Brown | Colour on the chart |
| Show graf | true | |
| Count bars for shift | 12 | Bar shift (0 = current bar) |
| Count bars for average | 77 | |
| Target | 2.5 |
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