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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- Use a demo account or a small live account first to practice this trading system
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