ATR Channels Metatrader 4 Forex Indicator

The ATR channels indicator is based on a moving average and ATR. Channels point down: downtrending market. Channels point up: uptrending market. You can modify the ATR period, moving average period and type.

Look for short signals near the middle channel in a downtrending market, vice versa, look for buy signals near the middle band in uptrending markets.

Download link: Click here to download the ATR Channels.mq4 indicator 

ATR Channels Indicator Chart Example (EURUSD D1)

ATR-channels-metatrader4

Platform: Metatrader 4

Indicator type: Trend

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