VR Atr Pro – determining target levels

VR Atr Pro – determining target levels

VR Atr Pro – determining target levels

Icon version of the program Version: 23.015

Icon program update date Updated: 06.02.2023

Icon date of adding the program Added: 02.10.2014

License: Paid-Free

1 purchases in 60 days

Download Download
Cost ?
Buy is an opportunity to get a product, without time limits, the number of trading accounts and brokers. The version for the MetaTrader 5 terminal is paid, the version for the MetaTrader 4, if available, is free. Payment is made via the Trading-Go website, according to the user agreement (offer). To pay for the selected product, you need to log in under your account or create an account if you don't have one yet (Registration). After paying for the selected product, in the MetaTrader terminal, in the program activation menu, click update. (Reference).
One-time purchase:
45$ 32$
Buy
Rent ?
Rent is an opportunity to purchase a product for a certain period of time. The version for the MetaTrader 5 terminal is paid, the version for the MetaTrader 4, if available, is free. Payment is made via the Trading-Go website, according to the user agreement (offer). At the end of the lease term, you can either buy the full version or extend the lease. To pay for the selected product, you need to log in under your account or create an account if you don't have one yet (Registration). After paying for the selected rental period, in the MetaTrader terminal, in the program activation menu, click update. (Reference).
1 month:
9$ 6$
3 months:
19$ 13$
6 months:
32$ 22$
12 months:
38$ 27$
Rent
Purchase via the terminal ?
Buy or rent in the Market of mql5 is an opportunity to purchase a product in our official representative office in the largest Market of trading applications for the MetaTrader terminal. Prices in the Trading-Go market and the market mql5.com they may differ. Terms of activation and use of products for MetaTrader in the Trading-Go market and the market mql5.com they have significant differences. Buying a product in the market mql5.com means that you have read and accepted the Terms of Use of the Market service mql5.com and the Agreement on the use of the Market service mql5.com . (Reference).
Instruction
Recommended
VPS-servers
More →
How to get a license

for free!

More →
Crypto exchange
Crypto Wallets
More →

VR Ticks - market pulse on the chart
VR Ticks - market pulse on the chart

Icon of the program version Version: 21.080

Icon program update date Updated: 17.08.2021

Icon date the program was added Added: 15.10.2015

License: Free

One-time purchase: 0$
Rent: from 0$

It is an indispensable indicator for trading scalper strategies. The market pulse in the form of a tick chart in your terminal window will help you determine the change of the current trend in time, enter the market in time and exit correctly

VR Calculate Martingale Trader Calculator
VR Calculate Martingale Trader Calculator

Icon of the program version Version: 21.080

Icon program update date Updated: 17.08.2021

Icon date the program was added Added: 24.12.2015

License: Paid-Free

One-time purchase:
49$34$
Rent:
from 12$from 8$

The indicator is a powerful orders and positions calculator for the MetaTrader terminal. With the help of the indicator, it is possible to calculate any trading strategies, calculate lots, average prices for currencies, stocks, cryptocurrencies and other financial instruments.

VR MultiPrice Analysis for synthetic analysis
VR MultiPrice Analysis for synthetic analysis

Icon of the program version Version: 21.080

Icon program update date Updated: 28.08.2021

Icon date the program was added Added: 23.02.2015

License: Paid-Free

One-time purchase:
35$30$
Rent:
from 7$from 5$

Professional indicator for synthetic analysis of a currency pair. The program shows the trader a general picture of the separation for each currency included in the currency pair in question.

Review

Statistics are stubborn things, the use of statistical data in mathematical calculations allows you to calculate the accurate target levels for a financial instrument. You cannot run away from statistics, and the use of statistics greatly increases the likelihood of a positive result.

The VR ATR Pro indicator is one of the most powerful indicators built on the basis of the classic ATR indicator. Unlike the classic ATR indicator, the VR ATR Pro indicator calculates target levels, that is, the levels that the price aims to reach. The VR ATR Pro indicator is most often used by professional traders, their goal is to determine the take profit (profit fixation) and stop loss (loss fixation) levels as accurately as possible. And also to have an understanding of whether the players still have the strength to push the price to the target levels.

Every time the trader opens a position on a financial instrument, the next thing he does is ask himself: Where to place take profit and where to place stop loss, and how to place them so that the probability of closing on take profit is much higher than the probability of closing on stop loss. Or when to move a position to breakeven.

The VR ATR Pro indicator helps the trader to determine the best prices for profit fixation and prices for loss fixation.

VR ATR Pro levels indicator free download VR ATR Pro levels indicator free download VR ATR Pro levels indicator free download VR ATR Pro levels indicator free download

The figures show examples of how the indicator works, please note that the price reaches the calculated levels in almost all cases.

The formula of the VR ATR Pro indicator is based on a complex mathematical formula. To understand a little how this formula works, remember the price behavior at the end of the current trading period. The price had the strength to move up and the strength to move down, somewhere the price moved more and somewhere the price moved less, as a result, the period ended and we have an average bar. The indicator formula processes such bars and shows the target levels for the new period, shows the prices that traders will have the strength to reach. It is believed that when the price has overcome the target level, then the traders and the market no longer have the strength to push the price further.

Level indicator for Forex

Some information from the author of the indicator

Every day the price passes a certain number of points up from the opening price of the period, and a certain number of points down. I have asked myself how can I use it in my trading, how can I get benefits from it? My car gave me the answer to this question, after each full tank refueling, I drive about 500-600 km. I summed up several such refueling cycles and it turned out that, on average, I have enough full tank for 530 km. I realized that the price at the start of each new period has its own tank of gasoline, which is enough for a certain number of points. If the price moved about 500-700 points in the upward direction in the last 7 days, then we can calculate the average move for these 7 days and find out that, on average, the price moves 580 points per day. And we make a simple conclusion from here that the price is likely to rise by about 580 points today and tomorrow.

In my personal manual trading, when using the indicator, the statistics changed as follows: Before using the indicator, the average profit was 250-400 points, the average loss was 150-300 points; out of 10 trades, 6-7 were profitable and 4-3 were losing. Using the indicator, the average profit became 300-500 points, the average loss became 150-250 points, the number of successful-losing trades remained unchanged.

By popular demand, the ability to exclude paranormal bars was added to the indicator.

Paranormal bars are those bars that are several times larger than the average bar size.

The methodology for calculating the paranormal bar in VR ATR Pro is as follows: In the recent history of a financial instrument, 3 time periods are randomly selected. The average bar is calculated on these periods. If there is a bar exceeding the average size of the bar previously calculated on the history within the indicator calculation period, then this bar is excluded from the calculations and marked with a cross on the chart.

Special features of the VR ATR Pro indicator

  • Powered by statistics;
  • Calculates levels as accurately as possible;
  • Suitable for both beginner and professional trader;
  • Not a large number of settings, help to selectively do synchronization;
  • Works on any financial instruments (Forex, CFD, Crypto, Metalls, Futures);
  • Easy to installation and set up, program comes with text and video instructions;
  • For the market Trading-Go
    • Supplied as archive containing versions for MetaTrader 4 and MetaTrader 5;
    • When paying in the Trading-Go market (on this page), the second version is free;
    • Can be used without payment on real accounts, free. Instructions;
    • It is possible to use the indicator on demo accounts without payment, without restrictions;
    • Works in the strategy tester;
    • Installation instructions;
  • For the market Mql5.com

Profitability

The indicator does not show entry points, does not give any signals when to open a buy or sell position. The indicator shows the levels at which the price aims, the levels to which the price and the market will have the strength to reach. The use of levels calculated by the VR ATR Pro indicator helps the trader to set more accurate stop loss and take profit trading orders.

The indicator has a built-in formula showing statistics, you can enable the display of statistics for a specified period of time through the indicator settings. The indicator at the top left will display statistics how many times the price has reached the upper levels and how many times the price has reached the lower levels.

Example of calculating the readings accuracy of the VR ATR Pro indicator

  1. There are 5 decimal places.
  2. The number of periods for calculation is 100.
  3. The period for calculating levels is 10.
  4. The timeframe for calculating is One day.
  5. The calculation dates are 18.10.2019 – 09.03.2020.
  6. The timeframe for displaying the indicator is 1 hour.

Result:

  1. Currency pair EUR/USD Readings accuracy 88%
  2. Currency pair GBP/ USD Readings accuracy 78%
  3. Currency pair BTC/USD Readings accuracy 75%

Тест индикатора по паре EURUSD Тест индикатора по паре GBPUSD Тест индикатора по паре BTCUSD

A few tips and recommendations from the author and traders who have achieved the best results:

Trade only when the price has not yet reached the target levels and still has the strength to move to the levels. Avoid trading if the price has passed the price level. A frequent phenomenon is a price reversal around the level, which indicates that the strength to move is over.

Practice has shown that the best period for calculating target levels is the daily period. That is, if the trader works on a period of less than 1 Day, then it will be better to set the period to 1 Day for calculations.

Use the indicator calculation periods based on your trading style, the Indicator calculation period = 3-10 is suitable for an aggressive style, and 10-30 - for a conservative one.

To understand how well you have selected the indicator calculation period, enable the display of statistics on the left side of the chart. The higher the indicators of reaching the target levels are, the more reliable the settings are selected.

Use the indicator not only for understanding the strength, but also for placing the take-profit and stop-loss orders. Follow the following rules: Stop Loss should be placed outside the target levels by 5-10% further from the level, and Take Profit - in front of the target level by 5-10%. Example Buy position, target level up 1.23456, target level down 1.12345. Take profit is best placed below 1.23456, and stop loss - below 1.12345. Thus, the probability of making a maximum profit becomes much greater than making a loss. By the way, the indicator has the ability to display target levels as areas, which immediately shows the boundaries of target levels with a specified percentage deviation.

It is not advisable to use only the VR ATR Pro indicator, use it in conjunction with your trading strategy.

The indicator is equipped with a short message function. You can receive notifications by E-Mail, to your smartphone, or as an Alert window in the MetaTrader terminal (For E-Mail and Push messages, the MetaTrader terminal must be pre-configured). If your computer cannot work all the time, you can use Remote Desktop to receive 24/7 alerts on your smartphone or email.

Settings

[-] === Main Settings === [-]

  • Indicator calculation period;
  • Timeframe for calculation;
  • Number of days to display;
  • Display type;
    • Rectangle;
    • Lines;
    • Areas ;
  • Percentage for the area;
  • Show a text label;
  • Show the accuracy of the indicator;
  • Paranormal big bar as a percentage (0-off);
  • Paranormal small percentage bar (0-off);
  • Paranormal little bar color;

[-] === Current Period Settings === [-]

  • Color of the current growth figure;
  • The style of the current growth figure;
  • Line thickness of the current growth figure;
  • Fill in the current growth figure;
  • Color of the current drop shape;
  • The style of the current falling figure;
  • Line thickness of the current falling figure;
  • Fill in the current falling figure;

[-] === Settings of periods in history === [-]

  • The color of the growth figure;
  • Height figure style;
  • The thickness of the line of the growth figure;
  • Fill the growth puffer with color;
  • The color of the falling figure;
  • Fall figure style;
  • The thickness of the line of the falling figure;
  • Fill the fall fugura with color;

[-] === Other === [-]

  • Text size;
  • Size of notification buttons;

Video

Updates

Version 23.015 - 06.02.2023

Correction of filling objects with color.

Update history — latest 5 versions

Version 23.013 - 28.01.2023

Correction:
Correction of loading the indicator at the start of the terminal. Previously, the indicator might not load.


Version 23.012 - 24.01.2023

Made:

  1. The indicator code has been heavily optimized. The code has become lighter and faster;
  2. Corrected mathematics, the indicator has become more accurate;
  3. Changed settings, now you can choose which shapes to fill with color;
  4. Improved and connected several types of trader notifications (Alert, Push, Email);

Version 21.080 - 24.08.2021

The indicator is optimized and compiled in the latest build of the terminal.


Version 20.091 - 16.09.2020

Bug fixes and improvements

To hide the update history

FAQ

    
How is the classic indicator ATR (Average True Range) calculated?
    
How is the classic indicator ATR (Average True Range) calculated?
    

ATR is short for (Average True Range) is an indicator designed to track volatility. The creator of the indicator algorithm is the master of tech. analysis, Wells Wilder, he also came up with the RSI, Parabolic and ADX indicators. In fact, the ATP formula measures the range of price fluctuations, the trend is not taken into account, as well as overbought-oversold, resistance-support levels.

The indicator is calculated according to the classic formula:

True Range = Max(High[1]-Low[1]; High[1] — Close[2]; Close[2]-Low[1])

Comments

To write a comment, log in Enter
All
Feedback
Offer
Comment
Mistake
R
Raki
Offer 17.01.2024 23:09:30 #linck
https://trading-go.net/indicators/vr-atr-pro/#reviews470

Hi Voldemar

When i press the button it warns after the break is realized but then i need to press button again

Can you give me a warning every time you break 

Thanks

0 0 To answer
To write a comment, log in login
Thanks. Your comment has been received. After verification, we will pub
Something went wrong, log in, fill out all the fields and try again!
А
Администратор сайта
18.01.2024 14:46:24 #linck
https://trading-go.net/indicators/vr-atr-pro/#reviews473

Thank you, I'll think of something!

0 0 To answer
To write a comment, log in login
Thanks. Your comment has been received. After verification, we will pub
Something went wrong, log in, fill out all the fields and try again!
Registration

Login

Password recovery Registration
Login

Password recovery Registration
Password request

If you forgot your password, enter your e-mail. The control line for changing the password will be sent to you by e-mail.

A link has been sent to your email address to confirm the E-mail address. To complete the registration, follow this link.

If you have not received an email to your email, check the Spam folder. If there is no letter there either, then contact us.

Registration completed successfully!

You have successfully logged in to the site!

We use both our own cookies and third-party cookies for the purpose of analysis, as well as to display ads based on your preferences, in accordance with your browsing habits and your profile. For more information, please see our Privacy Policy.
Even more in the Telegram community Send us a message