Average True Range

Logical rules for Opening Logic Condition slot.

• ATR rises;
• ATR falls;
• ATR is higher than the Level line;
• ATR is lower than the Level line;
• ATR crosses the Level line upward;
• ATR crosses the Level line downward;
• ATR changes its direction upward;
• ATR changes its direction downward;

Logical rules for Closing Logic Condition slot.

• ATR rises;
• ATR falls;
• ATR is higher than the Level line;
• ATR is lower than the Level line;
• ATR crosses the Level line upward;
• ATR crosses the Level line downward;
• ATR changes its direction upward;
• ATR changes its direction downward;

List box parameters

• Smoothing method (Simple). The Moving Average method used for smoothing the ATR. Options: Simple, Weighted, Exponential, Smoothed.
• Base price (Bar range). ATR uses the range of the current bar Options: Bar range.

Numeric box parameters

• Smoothing period (14). The period of ATR smoothing. Minimum: 1, Maximum: 200.
• Level [points] (100). A critical level in points(for the appropriate logic). Minimum: 0, Maximum: 2000.

C# source code: Average True Range.

MQL source code: Average True Range.