VR Atr pro is an indicator of the average statistical price movement. The indicator actually shows the price strength, calculates by how many points the price moved in all directions in the past and predicts current-period price levels based on this statistical data.
The indicator principle is a bit like the battery on your phone. You know that the battery life on your phone is about 2 days. So, after charging the phone, you expect it to work for about 2 days. The same happens with the price: when a new period opens, the price batteru is charged to move for a certain number of points. The battery on your phone gets low after two days. Similarly, the price becomes weaker after a certain number of points.
The program shows two levels on the chart:
For accurate results it is recommended to use the calculation period of 1 day.
The more periods are used for calculating the average potential price movement, the greater the probability that the price will reach the specified level, while the levels are close to the opening price of the period. As a result, the profit obtained can be minimal while keeping the risk low.
The less periods are used for calculating the average potential price movement, the larger will be the distance till the potential price movement levels, so levels will be far from the opening price of the current period. Such levels may provide higher profit, but risks will also be high.
For most accurate market entries, the indicator is recommended to be used together with your trading strategy.
It is recommended to choose the average number of periods and individually choose values as per the selected trading period and financial symbol.
Note that putting Take Profit and Stop Loss further than these levels might be appropriate.
If there is an uptrend on the chart, it is recommended that the stop loss be set below the lower level by 5-10% for buy orders, and the take profit below the upper level by 5-10%.
So, these levels may help to significantly reduce false triggering of stop loss and to increase the probability of hitting take profit.
History data display settings:
Current data display settings:
Version 18.80 - 2018.08.21
Fixed an issue with the indicator operation in the strategy tester.
Version 18.60 - 2018.06.25
The indicator has been revised from scratch.
Unnecessary windows have been removed.
Indicator operation speed has been increased.
Version 16.1 - 2016.01.22
Fixed spelling errors.
Version 15.111 - 2015.11.24
Fixed display when changing objects by X and Y axes
Version 15.110 - 2015.11.23
Indicator has been rewritten from scratched. Old bugs are fixed, design is improved, new functionality and color setup are added.
Version 15.70 - 2015.06.29
Some minor improvements at users' request!
Version 15.61 - 2015.06.04
Names of the buttons. Names of the buttons are well-arranged now.
High 10 Days, Low 10 Days,
ATR High Current, ATR Low Current,
His ATR High, His ATR Low
Objects are removed when removing the indicator.
Version 15.6 - 2015.06.01
Displaying stats on history.
Forecast and result are now displayed for the last 10 days, while previously the readings were shown only for the current day.
Version 15.5 - 2015.04.30
The indicator display in the new builds.
Operation of the button for enabling/disabling the indicator.
The ability to import the indicator functions to Expert Advisors and indicators (see the description).
Version 15.3 - 2015.03.25
Deletion of objects during removal of the indicator.
Version 15.2 - 2015.02.05
A button for minimizing the indicator.
Addition made based on users' request.
Version 14.12 - 2014.12.16
Fixed displaying of information with respect to new terminal builds.
Archive contains files:
VR-Atr Pro-RU.ex4 - Version for MetaTrade 4 in Russian
VR-Atr Pro-EN.ex4 - Version for MetaTrade 4 in English
VR-Atr Pro-RU.ex5 - Version for MetaTrade 5 in Russian
VR-Atr Pro-EN.ex5 - Version for MetaTrade 5 in English
VR-Atr Pro-RU.pdf - Description and instruction in Russian
VR-Atr Pro-EN.pdf - Description and instructions in English
The versions for MetaTrader 4 and MetaTrader 5 terminals are absolutely identical and have the same names.
VR-Atr Pro-RU - The Russian version of the program is available for free activation.
VR-Atr Pro-EN - The English version of the program is available for free activation.
Additional versions of the program:
VR Atr Pro - A paid version for the market can be bought through the terminal MetaTrader.
VR Atr Pro Lite - A light version for codobase, there is no basic functionality.
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