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ATR Trend Channel (MT5 indicator)

1 review
100% of buyers enjoyed this product!

$21.00

The ATR Trend Channel indicator for MetaTrader 5 tries to encapsulate the price within 6 bands, determined by the ATR indicator and its relationship with the SMA (simple moving average).

NFA and FIFO Compatible EA
Supports All Currency Pairs
Compatible with Any Broker
Multiple Live Trading Accounts
Personalized Trading Strategy
Profit Lock and Trailing Features
Profitable Trade Management
Fake Signals Detector
Time, Day and Holiday Filter
Loss Recovery and Hedging
Money and Order Management
Free Updates for Life

The ATR Trend Channel indicator for MetaTrader 5 tries to encapsulate the price within 6 bands, determined by the ATR (average true range) indicator and its relationship with the SMA (simple moving average).
ATR trend channel
On the chart, it might look similar to the Guppy indicator.
The 2 middle lines are determined by the ATR*multiplier, the seconds up/down are determined by the ATR*multiplier plus the high/low SMA and the outer channel lines are the 2*ATR*multiplier + SMA (High or Low depending on the whether there is the upper band or the lower one).
One trading strategy idea using this ATR indicator is to focus on entering a trade when the price reverses while continuing with the trading, after crossing at least the middle bands. If the price pokes through the opposite outer band – for example if there is a downtrend and the price swings higher then the upper band – a change of trend might happen, and the trader should trade with caution or wait for the new trend to form.
ATR Trend Channel
The settings are simple, with only two main options – ATR (which is also the SMA period) and ATR multiplier, plus the settings for the band moving averages colors.
ATR Trend Channel

Free download ATR Trend Channel
Platform

MT5

License Type

Standard

After the payment, there are two ways to get the RobotFX product paid for, depending on the license type:

  1. Direct Download : for Standard license type products, the download link will become visible after the payment (registered customers will also be able to find their downloads under Account > Downloads section)

  2. Email Delivery : Extended license type customers are required to send us their trading platform (MT4/MT5) and live trading account numbers (maximum of five) so we can customize their product. The personalized trading tool will be emailed to the customer email as soon as compiled to bound to their account numbers

* Check the Item specifics tab to determine what type of license applies to this product.

Recommendations

Customer reviews

1 review
100% of buyers enjoyed this product!
5 stars
( 1 )
4 stars
( 0 )
3 stars
( 0 )
2 stars
( 0 )
1 star
( 0 )
  1. Nicholas Parks (verified owner)

    I have been using the ATR Trend Channel indicator for MT5 for a few weeks now and I am very impressed with its performance. It is a simple yet effective tool that helps me identify the trend direction and volatility of the market. It also provides me with dynamic support and resistance levels that I can use to enter and exit trades.

    1 product

RobotFX

4.8Out of 5 stars*****

Overall rating out of 30 Google reviews

reviewer *

Manal Alqahtani
*****5 years ago

It's a very good company and shows that its services are excellent

reviewer *

Johnny Fash Eee
****5 years ago

Great

reviewer *

Dgjbxdr Cggcsdj
****5 years ago

Great job on the last EA

reviewer *

กาติมา แสงนาค
*****5 years ago

Awesome service. Thank you RFX

reviewer *

George Simmons
*****5 years ago

I found the program to be very intuitive and easy to use, even for a beginner like me. The RobotFX team was also very friendly and they took time to help me get started.

reviewer *

Мария Касьянова
*****6 years ago

Great support and good trading tools

reviewer *

Wilton avendaño
*****6 years ago

Wow is a great experience all you can see here and easy to understand, fully recommended!

reviewer *

D2 MOVIES
*****6 years ago

I recommend robotfx for everyone. they are amazing, feeling great!!!!!!!

reviewer *

winners ganar
*****6 years ago

genial, is very fantastic

reviewer *

Kaveesh dilhara
*****6 years ago

This Is good......& Nice

reviewer *

debjeet ghosh
*****7 years ago

one of the best forex trader in the world

reviewer *

Fragio Velper
*****7 years ago

this is very good , excelent page great

reviewer *

Jorge Medina
*****7 years ago

AMAZING PRODUCT, IT IS VERY USEFUL.

reviewer *

Shahin Miah
*****7 years ago

iits really very very nice

reviewer *

sujina maharjan
*****7 years ago

very good

reviewer *

Janardan Sharma
*****6 years ago

Good , amazing , wonderful .

reviewer *

Fatna Bilani
*****6 years ago

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