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at r dual
Info
The at r dual is a Indicator for MetaTrader 5 that atr dual displays data from two indicators atr with different averaging periods. averaging periods are set in parameters atr "master" averaging periodand atr "slave" averaging period.
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 at r dual
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
atr dual displays data from two indicators atr with different averaging periods.
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: dual trix upgrade - another powerful indicator for MetaTrader 5 traders.
atr dual displays data from two indicators atr with different averaging periods.
averaging periods are set in parameters
Also recommended: dual trix upgrade 1 - similar indicator with strong performance on MetaTrader 5.
atr "master" averaging periodand
atr "slave" averaging period
.
by default,
atr "master" averaging period
is 14 and displayed as a dotted line, while the
atr "slave" averaging period
is 1 and displayed as a histogram.
how to interpret the indicator data at the current bar: if histogram
"slave"
has started approaching the
"master"
line, it means that the volatility on the current bar differs strongly from the mean value over
atr "master" averaging period
periods.
You may also like: dual trix indicator: 15 and 30 - 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.