BB ATR Oscillator MT5 Indicator
By Fri, 08 Oct 2021

The BB ATR oscillator indicator shows an average true range based on Bollinger Bands

It has four adjustable parameters:

  • ATR period – ATR calculation period
  • ATR multiplier – ATR multiplier value
  • BB period – Bollinger Bands calculation period
  • BB deviation – Bollinger Bands deviation

Calculations:

BBATR = UpperBB – LowerBB – ATR * ATR Multiplier

where:

UpperBB = BollingerBands(UPPER_BAND, BB period, BB deviation)

LowerBB = BollingerBands(LOWER_BAND, BB period, BB deviation)

ATR – AverageTrueRange(ATR period)

MT5 Indicators – Download Instructions

BB ATR Oscillator MT5 Indicator is a Metatrader 5 (MT5) indicator and the essence of this technical indicator is to transform the accumulated history data.

BB ATR Oscillator MT5 Indicator provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Based on this information, traders can assume further price movement and adjust their strategy accordingly. Click here for MT5 Strategies

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How to install BB ATR Oscillator MT5 Indicator.mq5 to your MetaTrader 5 Chart?

  • Download BB ATR Oscillator MT5 Indicator.mq5
  • Copy BB ATR Oscillator MT5 Indicator.mq5 to your Metatrader 5 Directory / experts / indicators /
  • Start or restart your Metatrader 5 Client
  • Select Chart and Timeframe where you want to test your mt5 indicator
  • Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
  • Right click on BB ATR Oscillator MT5 Indicator.mq5
  • Attach to a chart
  • Modify settings or press ok
  • Indicator BB ATR Oscillator MT5 Indicator.mq4 is available on your Chart

How to remove BB ATR Oscillator MT5 Indicator.mq5 from your Metatrader 5 Chart?

  • Select the Chart where is the Indicator running in your Metatrader 5 Client
  • Right click into the Chart
  • “Indicators list”
  • Select the Indicator and delete

BB ATR Oscillator MT5 Indicator (Free Download)

Click here below to download:

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La entrada BB ATR Oscillator MT5 Indicator se publicó primero en ForexMT4Indicators.com.