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Forex ATR Trailing Stop MT4 Trading Indicator & Strategy


High accuracy “ATR Trailing Stop MT4 Trading Indicator & Template” – Average true range (ATR) is a technical analysis volatility indicator originally developed by J. Welles Wilder, Jr. for commodities.

Trading NOTES

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The indicator does not provide an indication of price trend, simply the degree of price volatility.

  • Time Frame: M30 or higher
  • Currency Pairs: GBPUSD, EURUSD, USDCAD, USDJPY, GBPJPY, and EURJPY

 

MetaTrader Trading Indicator
  • ATR Trailing Stop

 

How to install “ATR Trailing Stop System


  • Download “TraderVersity.Com-ATRTrailingStop” (Zip/RAR File).
  • Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
  • Copy the “TraderVersity.Com-ATRTrailingStop.tpl” file (template) to your Metatrader Directory …/templates /
  • Start or restart your Meta Trader Client.
  • Select Chart and Time frame where you want to test your Forex system.
  • Right-click on your trading chart and hover on “Template”.
  • Move right to select “TraderVersity.Com-ATRTrailingStop” trading  system and strategy
  • You will see “ATR Trailing Stop System” is available on your Chart

 

BUY Rules

  • ATR Trailing Stop: Blue lines

 

SELL Rules

  • ATR Trailing Stop: Blue lines

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