ATRH indicator is a Non-Repaint trading system usually being sold for 89$. It signals the degree of price volatility. The long and short signals are generated when the indicator starts plotting either on top of the closing price or below the closing price. The long and short signals are generated with the method of trend following, calculation of average true range and average true range multiplier along with other powerful calculations called sensitivity which controls the signal generation speed while the Average true range multiplier controlling the number of signals to be produced. ATR-based trailing stop feature is also available.
ATRH free forex indicator is easy to use and gives an accurate reading about ongoing trends, sentiments, and volatility or momentum. It has beautiful background color which represents the overall market sentiment for any financial instrument where the indicator has been used. The light red background color indicates bearish sentiment while green as the bullish sentiment.
Dynamic resistance and support levels. When the price is below the hull than the hull moving average acts as a dynamic resistance and while the price is above the hull moving average than it acts as a dynamic support. Most of the time price test the hull moving average and either breakout or pulls back.
Dynamic stop loss levels formed by the help of average true range calculation which is produced right from the long or short signal and does stretch until the opposite directional signal appears.
ATRH system can give you trading signals you can take as they are or add your additional chart analysis to filter the signals further, which is recommended. While traders of all experience levels can use this system, it can be beneficial to practice trading on an MT4 demo account until you become consistent and confident enough to go live.
You can set the ATRH indicator to send you a signal alert via email, Mobile Notification, or platform pop-ups. This is helpful as it means you do not need to stare at the charts all day waiting for signals to appear, and you can monitor multiple charts all at once.
ATRH Indicator System can be used on any Forex currency pair and other assets such as stocks, commodities, cryptos, precious metals, oil, gas, etc. You can also use it on any time frame that suits you best, from the 1 minute through to the 1-month charts.
Load “ATRH.set” Preset to make it look like in screenshots
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