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Displaying Smoothed ATR Across Three Timeframes

Article MQL5 code base

Summary

This document describes a chart indicator that displays three ATRSmoothed readings from different timeframes together. It assigns each timeframe a distinct visual treatment to make their relative values easier to distinguish: a histogram for the lower timeframe, colored dots for the middle timeframe, and bold lines for the higher timeframe. The concept is a multi-timeframe volatility display; the description does not explain a trading entry, exit, or position-sizing rule.

The material provides no formula details, parameter choices, chart interpretation guidance, or performance evidence, so it serves mainly as a brief description of an indicator presentation. It also states that the indicator depends on a separate compiled ATRSmoothed file being present in the platform's indicator folder. No caveats about how ATR should be interpreted or tested are discussed.

Key ideas

  • The indicator places three smoothed ATR series from different timeframes on one chart.
  • It distinguishes the lower timeframe with a histogram, the middle timeframe with colored dots, and the higher timeframe with bold lines.
  • The description explains visualization rather than a complete trading strategy or signal rule.
  • Use requires a separate compiled ATRSmoothed indicator file, and no testing evidence is supplied.

Tags

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