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Mastering ATRSmoothed: A Must-Have Indicator for MetaTrader 5

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Author: Luis Guilherme Damiani

If you're looking to enhance your trading game, the ATRSmoothed indicator for MetaTrader 5 is a fantastic tool to consider. This indicator takes the common Average True Range (ATR) and adds a smoothing technique to create a more refined curve, making it easier to analyze market volatility.

To get started, you'll need to incorporate the SmoothAlgorithms.mqh library classes into your MetaTrader setup. Simply copy the file to your <terminal_data_folder>\\MQL5\Include directory. If you're unsure about how to use these classes, check out the detailed guide in the article titled "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".

Figure 1. The ATRSmoothed indicator

Figure 1. The ATRSmoothed indicator

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