ap t r ma
Info
The ap t r ma is a Indicator for MetaTrader 5 that it has two configurable parameters:period - calculation periodma method - МА calculation methodcalculation:aptr = 100. 0 * ma(ptr, period, ma method)where:ptr = max(s1,s2,s3)s1 = 2.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Indicator works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Indicators folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use ap t r ma
1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.
2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.
3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.
4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.
Frequently Asked Questions
Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."
Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).
Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.
What this tool does
it has two configurable parameters:period - calculation periodma method - МА calculation methodcalculation:aptr = 100.
Typical Use Case
This Indicator excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Indicator works on MetaTrader 5. Place the file in the MQL5/Indicators folder and restart the terminal.
Description & Settings
Related: Trend Regime Inspector for Meta Trader 5 - another powerful indicator for MetaTrader 5 traders.
it has two configurable parameters:
period
Also recommended: Stochastic Reversal Signal - similar indicator with strong performance on MetaTrader 5.
- calculation periodma method
- МА calculation method
calculation:
aptr = 100.0 * ma(ptr, period, ma method)
where:
ptr = max(s1,s2,s3)s1 = 2.0 * (high-low) / (high+low)s2 = 2.0 * (high-prevclose) / (high+prevclose)s3 = 2.0 * (low-prevclose) / (3.0*low-prevlose)
when selecting the simple calculation mode, the indicator is completely identical to the indicator
fig. 1. average percentage true range, method = simple
fig. 2. average percentage true range, method = exponential
fig. 3. average percentage true range, method = smoothed
fig. 4. average percentage true range, method = linear weighted
You may also like: Quantora Account Health Monitor MT5: Professional Account Health and Risk Monitoring - excellent alternative for indicator users on MetaTrader 5.
Source Code
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⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.