ATRH Indicator MT4 Version

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Archive : ATRH Indicator MT4 Version Digital Download
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WHAT IS THE ADVANTAGE OF USING AN ATRH INDICATOR?

Three powerful calculations are combined into one. average true range Multiplier, Hull movement allowance, and Sensitivity

Any financial market’s trend direction, volatility, momentum, and emotion are clearly displayed.

Dynamic stop loss levels are created using an average true range computation that begins with a long or short signal and continues until the opposite directional signal emerges.

Price above the hull moving average indicates a potential bullish market move, while price below indicates a potential bearish market move.

Resistance and support levels that change dynamically. When the price is below the hull, the moving average functions as a dynamic resistance; when the price is above the hull, it acts as a dynamic support. Price usually tests the hull moving average and either breaks out or pulls back.

A sophisticated formula comprising volatility, momentum, and trend following is used to generate probable long and short trading signals.
The hue of the moving average may be used by traders to gauge the strength of a trend. Green indicates an uptrending market, while red indicates a downtrending market.

Inside the setup, the ATR calculation technique may be changed from normal (ATR) to SMA version true range by checking or unticking the input function titled “Change ATR Calculation Method.”

Using “Reveal Long/Short Signals,” you may toggle the long and short signal labels on and off.

“Signal-light Show/Hide” allows you to show/hide the background color.

There are three hull types available: HMA, WMA, and EMA. The moving average may be colored according to the trend, and the body color of the candle can be adjusted dependent on the hull moving average’s up or down. Within the indicator’s settings, you can toggle between presenting the hull moving average as a band and a typical thin line.

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