FOREX HIGH ACCURACY - ATRH INDICATOR MT 4

Replenishment date: 16.06.2024
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Description
FOREX HIGH ACCURACY - 100% NO REPAINT - ATRH INDICATOR MT 4

The ATRH indicator signals the degree of price volatility. Long and short signals are generated when the indicator starts to chart either above the closing price or below the closing price. Long and short signals are generated using the trend following method, the calculation of the average true range and average true multiplier, and other powerful calculations called sensitivity, which controls the speed of signal generation, while the average true range multiplier controls the number of signals generated. . An ATR-based trailing stop feature is also available.

The ATRH indicator is easy to use and gives an accurate view of current trends, sentiment and volatility or momentum. It has an alert function for long and short signals, so traders can be aware of specific signals for both long and short. It has a beautiful background color that reflects the general mood of the market for any financial instrument in which the indicator was used. A light red background color indicates bearishness, while green indicates bullishness.

- Powerful 3 calculation used in one. Average True Range Multiplier, Hull Moving Average and Sensitivity.

- Clearly shows the trend direction, volatility, momentum and mood of any financial market.

- Dynamic stop loss levels formed by calculating the average true range, which is created directly from a long or short signal and stretched until a signal in the opposite direction appears.

- A price above the moving average of the hull signals a potential bullish move in the market, while a price below signals a potential bearish move.

- Dynamic levels of resistance and support. When price is below the body, the moving average of the body acts as dynamic resistance, and when price is above the body moving average, it acts as dynamic support. Most of the time, the price tests the moving average of the body and either breaks it or pulls back.

- Generates potential long and short trading signals using a complex formula for volatility, momentum and trend following.

- Traders can determine the strength of a trend by the color of the moving average. Green: rising market, red: falling market.

- The ATR calculation method can be changed from normal (ATR) to true version range inside the setting by checking or unchecking the "Change ATR calculation method" input function.

- Labels for long and short signals can be turned on/off using the "Show long/short signals" function.

- The background color can be shown/hidden using the Show/Hide Light Signal.

- Several body types are available: HMA, WMA and EMA. The moving average can be colored according to the trend, the body color of the candlestick can be set based on the up or down moving average of the body. The option to switch to display the moving average of the body as a bar or a regular thin line is available in the indicator settings.

- Alert function is available for long and short signals.

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