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Displaying Average True Range Values from Other Timeframes

Article MQL5 code base

Summary

This short description covers a chart indicator that shows Average True Range values from other timeframes as text. Users can select two timeframes in the indicator settings, allowing them to see volatility readings from multiple chart intervals in a digital format.

The document provides no calculation details, trading rules, examples, or performance evidence. It describes a display feature rather than a strategy, so it does not explain how ATR should guide entries, exits, or risk controls. The usefulness of the readings depends on the user's interpretation and on the selected timeframes.

Key ideas

  • The indicator displays ATR readings from other timeframes directly on a chart.
  • Users can choose two timeframes in its settings.
  • The description gives no trading method or evidence about the indicator’s effectiveness.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.