at r without i at r() with smoothing wilder by william210. mq5
Info
The at r without i at r() with smoothing wilder by william210. mq5 is a Indicator for MetaTrader 5 that good morning. if this code malfunctions for whatever reasons, forgetting or mql5 upgrades, let me know so i can correct it, thank youyou can find all my multi timeframe indicator codes or not, in codebase or on the marketplace, free or purchasable, by searching for "william210".
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 without i at r() with smoothing wilder by william210. mq5
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
good morning.
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: SMC Order Block Detector with Alert for MT5 - another powerful indicator for MetaTrader 5 traders.
good morning.
if this code malfunctions for whatever reasons, forgetting or mql5 upgrades, let me know so i can correct it, thank you
Also recommended: SAX Forecaster: Predictive Market Analysis with Symbolic Strings - similar indicator with strong performance on MetaTrader 5.
you can find all my multi timeframe indicator codes or not, in codebase or on the marketplace, free or purchasable, by searching for "william210".why this code?
the average true range (atr) indicator, developed by j. welles wilder in 1978, allows traders to measure the volatility of an asset by averaging the largest true ranges over a given period. this information is valuable for understanding price movements and identifying trading opportunities.
remember that the original atr indicator from 1978 did not include this smoothing.
wilder smoothing was later introduced and helps smooth out fluctuations in the atr indicator, making it easier to analyse. this is a simple moving average applied to atr values, usually over a 14-period period.
may this code help you
don't forget to put a star and ask me as a friend to be the first to be notified when my code is published in codebase or the marketplace
i wrote other simple codes in codebase:
i offer many of these indicators in the marketplace, search for me "william210"
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the atr is very useful for other indicators, such as supertrend which i offer in the marketplace
ioffer many multi-timeframe smoothing options in the marketplace.
simple average => ema, sma, ema, smma, lwma
volume-weighted averages, vwma, vema, evwma
double and more exponential average, dema
rsi, or irsi()
if you have code ideas to help or serve as a basis, request it on this
You may also like: Breakout Distance - Donchian Channel with Distance-to-Trigger Panel in ATR Units - excellent alternative for indicator users on MetaTrader 5.
Source Code
яю//+------------------------------------------------------------------+
#property copyright "RobotFX"
#property link "https://robotfx.org"
#property version "1.00" // 1022
#property description "Educational code - RobotFX www.robotfx.org"
#property description "Educational code - RobotFX www.robotfx.org"
#property description "Educational code - RobotFX www.robotfx.org"
#property description "Educational code - RobotFX www.robotfx.org"
double g_ATRCurr[]; // Current ATR
double g_TRCal[]; // ATR Calculations.......
⚠ 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.