AT R Dual
This is a powerful addition to your MetaTrader 5 toolkit designed to optimize market analysis and performance. This technical indicator acts as a specialized analysis tool designed to visualize market data. It helps traders identify emerging trends, momentum shifts, and key support or resistance levels by plotting statistical calculations directly onto price charts.
How to Setup 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.
Description & Settings
ATR Dual displays data from two indicators ATR with different averaging periods.
Averaging periods are set in parameters
ATR "Master" averaging period
and
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.
