Normalized ATR Indicator
The Normalized ATR Indicator is a powerful tool for traders using MetaTrader 5. This indicator measures market volatility and helps identify potential trading opportunities. By normalizing the Average True Range (ATR), it provides a clear picture of price movement relative to historical volatility. Traders can use this information to set stop-loss levels, determine position sizes, and identify potential breakouts. The Normalized ATR Indicator is easy to use and can be customized to suit individual trading strategies. However, it’s important to note that like any indicator, it has its limitations and should be used in conjunction with other technical analysis tools for optimal results.
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Description
FAQ
- Can I download this indicator ‘Normalized ATR Indicator’ for free?
- Yes, this indicator – Normalized ATR Indicator, like other indicators presented on the site, is free, with the exception of those where there is a fee, they are available only on the official website of the developer
- Where does this Indicator come from?
- The Indicator, like others, is collected from the official website of trading platform MetaTrader 5 and developers
- Can I use Normalized ATR Indicator on the mobile version of the trading platform MetaTrader 5?
- No, indicators can only be used on the web version of the trading platform MetaTrader 5.
Additional information
| Platform | MetaTrader 5 |
|---|---|
| Format | ZIP |
| Price | Free |
| Safety | Safe |
| Type file | Indicator |
| Size | 265kB |
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