ATR MTF Smoothed Alert Indicator

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Hi,
this is my new smoothed multi-timeframe version of Average True Range (ATR) indicator.

This is volatility indicator used in technical analysis.

The what’s new to original one:

I added here multiple timeframe support so you can see higher timeframe on current chart.

Parameters to smooth the indicator to reduce noise.

Additional signal line that work as signals filter.

Alerts with arrows so you can use your time more effective.

Smoothed formula.

Buit-in Features :

Projectreaper Connect Projectreaper alert indicators have the ability to share their signals with each other to create more accurate trading alerts.

In the settings of our alert indicators, there is a parameter called Indicator_Mode, which switches the indicator modes:



StandAlone - the default mode for receiving alerts about this particular indicator.

MasterFilter - in this mode, the indicator saves the last signal in the terminal, it changes the alert arrows to a hollow body to identify the indicators in this mode. You will not receive any warnings from this mode, it only stores its signals in your terminal.


SlaveSignal
- in this mode, the indicator reads the signals of all indicators in the MasterFilter mode applied to this particular chart window, and sends an alerts when all the signals will coincide in the same direction. To separate the old signals on the chart, the indicator places a vertical line to easily separate the old signals from the new valid signals.

How to use this feature you can check in this article - http://projectreaper.pw/en/how-to-combine-two-or-more-signal-alert-indicators-together/
Projectreaper Trend OS Filters All these filters can be used in various combinations to filter the indicator signals.

Trend Filters parameters



tf_MovingAverage_TrendFilter - enable filter by moving average and current price (if price above the ma it gets buy signal, if below - sell)
tf_MA_TimeFrame - moving average timeframe
tf_MA_Period - moving average period
tf_MA_Method - moving average method (sma, ema, smoothed, linear weighted)
tf_MA_Price - moving average price (close, open, high, low, median, typical, weighted)
tf_MA_Shift - moving average shift
tf_MA_SignalReverse - if true changes direction of signals to reversed


tf_MovingAverageCrossOver_TrendFilter - enable filter by crossover of two moving averages (if the first ma above the second ma - it gets buy signal, if below - sell)
tf_First_MA_TimeFrame - first moving average timeframe
tf_First_MA_Period - first moving average period
tf_First_MA_Method - first moving average method (sma, ema, smoothed, linear weighted)
tf_First_MA_Price - first moving average price (close, open, high, low, median, typical, weighted)
tf_First_MA_Shift - first moving average shift
tf_Second_MA_TimeFrame - second moving average timeframe
tf_Second_MA_Period - second moving average period
tf_Second_MA_Method - second moving average method (sma, ema, smoothed, linear weighted)
tf_Second_MA_Price - second moving average price (close, open, high, low, median, typical, weighted)
tf_Second_MA_Shift - second moving average shift
tf_MA_CrossOver_SignalReverse - if true changes direction of signals to reversed


Oscillator filters parameters



tf_MACD_TrendFilter - enable filter by MACD (if histogram above zero it gets only buy signals, if below - sell)
tf_MACD_TimeFrame - MACD's timeframe
tf_MACD_FastEMA - MACD's fast ema period
tf_MACD_SlowEMA - MACD's slow ema period
tf_MACD_SignalSMA - MACD's signal sma period
tf_MACD_SignalReverse - if true changes direction of signals to reversed


tf_OSMA_TrendFilter - enable filter by OsMA (if histogram above zero it gets only buy signals, if below - sell)
tf_OSMA_TimeFrame - osma's timeframe
tf_OSMA_FastEMA - osma's fast ema period
tf_OSMA_SlowEMA - osma's slow ema period
tf_OSMA_SignalSMA - osma's signal sma period
tf_OSMA_SignalReverse - if true changes direction of signals to reversed


tf_RSI_TrendFilter - enable filter by RSI (if RSI below Low level it gets only buy signals, if above High level - sell)
tf_RSI_TimeFrame - rsi's timeframe
tf_RSI_Period - rsi's period
tf_RSI_High_Level - rsi's high level
tf_RSI_Low_Level - rsi's low level
tf_RSI_SignalReverse - if true changes direction of signals to reversed


tf_Stochastic_TrendFilter - enable filter by Stochastic (if Stochastic below Low level it gets only buy signals, if above High level - sell)
tf_Stochastic_TimeFrame - stoch's timeframe
tf_Stochastic_KPeriod - stoch's K period
tf_Stochastic_DPeriod - stoch's D period
tf_Stochastic_Slowing - slowing
tf_Stochastic_High_Level - stoch's high level
tf_Stochastic_Low_Level - stoch's low level
tf_Stochastic_SignalReverse - if true changes direction of signals to reversed


How to use this feature you can check in this article - http://projectreaper.pw/en/trend-os-filters-indicators-update/
Parabolic SAR filter Filter signals by Parabolic SAR cross timeframe filter.



Filters are connected in parallel to the main signal and allow you to customize your own strategy based on the price position relative to the Parabolic SAR filter.

This filter can be calculated according to the selected timeframe and custom settings.

Parameters



tf_ParabolicSar_TrendFilter - activate Parabolic SAR filter
tf_PSAR_TimeFrame - select timeframe the the filter
tf_PSAR_Step - step parameter of PSAR
tf_PSAR_Maximum - maximum parameter of PSAR
tf_PSAR_Shift - offset from current bar ( 0 is the current bar, 1 is the previous bar, etc. )
tf_PSAR_SignalReverse - reverse signals (swap buy to sell and sell to buy)


How to use this feature you can check in this article - https://projectreaper.pw/en/parabolic-sar-filter-alert-indicators-update/
Day Levels filter Filter signals by levels of the current and previous day.



Filters are connected in parallel to the main signal and allow you to customize your own strategy based on the price position relative to the price levels of the current and previous days.

Parameters



tf_CurrentDayOpenLevel - filter by current day's open price
tf_CurrentDayOpen_SignalReverse - reverse signals (swap buy to sell and sell to buy)

tf_CurrentDayMedianLevel - filter by current day's median price (HL/2)
tf_CurrentDayMedian_SignalReverse - reverse signals (swap buy to sell and sell to buy)

tf_PreviousDayOpenLevel - filter by previous day's open price
tf_PreviousDayOpen_SignalReverse - reverse signals (swap buy to sell and sell to buy)

tf_PreviousDayCloseLevel - filter by previous day's close price
tf_PreviousDayClose_SignalReverse - reverse signals (swap buy to sell and sell to buy)

tf_PreviousDayHighLevel - filter by previous day's high price
tf_PreviousDayHigh_SignalReverse - reverse signals (swap buy to sell and sell to buy)

tf_PreviousDayLowLevel - filter by previous day's low price
tf_PreviousDayLow_SignalReverse - reverse signals (swap buy to sell and sell to buy)

tf_PreviousDayMedianLevel - filter by previous day's median price (HL/2)
tf_PreviousDayMedian_SignalReverse - reverse signals (swap buy to sell and sell to buy)

How to use this feature you can check in this article - https://projectreaper.pw/en/day-levels-filter-alert-indicators-update/
Week Levels filter Filter signals by levels of the current and previous week.



Filters are connected in parallel to the main signal and allow you to customize your own strategy based on the price position relative to the price levels of the current and previous weeks.

Parameters



tf_CurrentWeekOpenLevel - filter by current week's open price
tf_CurrentWeekOpen_SignalReverse - reverse signals (swap buy to sell and sell to buy)

tf_CurrentWeekMedianLevel - filter by current week's median price (HL/2)
tf_CurrentWeekMedian_SignalReverse - reverse signals (swap buy to sell and sell to buy)

tf_PreviousWeekOpenLevel - filter by previous week's open price
tf_PreviousWeekOpen_SignalReverse - reverse signals (swap buy to sell and sell to buy)

tf_PreviousWeekCloseLevel - filter by previous week's close price
tf_PreviousWeekClose_SignalReverse - reverse signals (swap buy to sell and sell to buy)

tf_PreviousWeekHighLevel - filter by previous week's high price
tf_PreviousWeekHigh_SignalReverse - reverse signals (swap buy to sell and sell to buy)

tf_PreviousWeekLowLevel - filter by previous week's low price
tf_PreviousWeekLow_SignalReverse - reverse signals (swap buy to sell and sell to buy)

tf_PreviousWeekMedianLevel - filter by previous week's median price (HL/2)
tf_PreviousWeekMedian_SignalReverse - reverse signals (swap buy to sell and sell to buy)

How to use this feature you can check in this article - https://projectreaper.pw/en/week-levels-filter-alert-indicators-update/
Month Levels filter Filter signals by levels of the current and previous month.



Filters are connected in parallel to the main signal and allow you to customize your own strategy based on the price position relative to the price levels of the current and previous months.

Parameters



tf_CurrentMonthOpenLevel - filter by current month's open price
tf_CurrentMonthOpen_SignalReverse - reverse signals (swap buy to sell and sell to buy)

tf_CurrentMonthMedianLevel - filter by current month's median price (HL/2)
tf_CurrentMonthMedian_SignalReverse - reverse signals (swap buy to sell and sell to buy)

tf_PreviousMonthOpenLevel - filter by previous month's open price
tf_PreviousMonthOpen_SignalReverse - reverse signals (swap buy to sell and sell to buy)

tf_PreviousMonthCloseLevel - filter by previous month's close price
tf_PreviousMonthClose_SignalReverse - reverse signals (swap buy to sell and sell to buy)

tf_PreviousMonthHighLevel - filter by previous month's high price
tf_PreviousMonthHigh_SignalReverse - reverse signals (swap buy to sell and sell to buy)

tf_PreviousMonthLowLevel - filter by previous month's low price
tf_PreviousMonthLow_SignalReverse - reverse signals (swap buy to sell and sell to buy)

tf_PreviousMonthMedianLevel - filter by previous month's median price (HL/2)
tf_PreviousMonthMedian_SignalReverse - reverse signals (swap buy to sell and sell to buy)

How to use this feature you can check in this article - https://projectreaper.pw/en/month-levels-filter-alert-indicators-update/
Pips tags We have added a function to display the potential price movement in pips from the last signal.

This will allow you to adjust your focus from candlesticks patterns to price movements.





The ShowPipTags parameter is toggle tags appearance on the chart.

How to use this feature you can check in this article - https://projectreaper.pw/en/pips-tags-indicators-update/
Stop Loss Take Profit levels A new function has been added to display the signal stop loss levels and three take profit levels calculated from the ratio to the stop loss.







New parameters:
ShowTPSL - enable/disable the display of SL and TP levels.
SLBars โ€“ the number of bars to calculate the levels
SignalBarRangeSL โ€“ additional check of the size of signal candlesticks
MaxSLPips โ€“ limit the maximum stop loss value (0 - off)
MinSLPips โ€“ minimum stop loss value (0 - off)
MaxTPPips - limit of the maximum take profit value (0 - off)
MinTPPips - minimum take profit value (0 - off)
TP1_Ratio โ€“ ratio of take profit to stop loss of the first TP level
TP2_Ratio - ratio of take profit to stop loss of the second TP level
TP3_Ratio - ratio of take profit to stop loss of the third TP level


If you need to set fixed TP or SL, then set both the minimum and maximum values to the fixed value you need.

How to use this feature you can check in this article - https://projectreaper.pw/en/sl-tp-indicators-update/
MetaTrader4 to Telegram Alerts You can automatically receive indicator signals from the MetaTrader terminal in Telegram.



It's simple, and all you need to do is have a telegram account

To do this, you don't need to install any additional programs or connect services, our indicators have supported this functionality since the recent update.

Paste alert code into the TelegramCode parameter and set the TelegramAlerts parameter to true in your indicator settings.

How to use this feature you can check in this article - https://projectreaper.pw/en/metatrader4-to-telegram-alerts/

Settings :

TimeFrame – timeframe of indicator (current by default)
ATRPeriod – period of atr in bars
SignalPeriod – period of signal moving average
Price – price type
IndicatorSmooth – amount of smooth (1-off)
IndicatorSmoothMethod – smooth formula
DrawBars – amount of bars to draw indicator data

Alerts
PopupAlert – enable terminal alert windows
SoundAlert – enable sound alerts
ArrowsOnChart – enable draw arrows on price chart
IndicatorArrows – enable draw arrows on indicator sub window
SMSPushAlert – Push alerts to your phone
EmailAlert – Email alerts to your phone

Style
ATRHigh_ArrowColor – color of arrows on high atr
ATRLow_ArrowColor – color of arrows on low atr
Arrows_Width – width of signal arrows
ATR_Line – color of ATR Line
SIGNAL_Line – color of signal line

This indicator will notify you about increasing or decreasing volatility to catch better moment to open or close your trades according your trading strategy.

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How to install :

1. Download file
2. Unzip archive and copy the MQL4 folder from the archive to your terminal Data folder
3. Restart terminal and apply the indicator to a chart
4. Register a valid email with single time donation or log in with previously registered email address.
5. You can switch your broker account any time you need by logging in with previously registered email address

How to find Data folder :

in the terminal click File menu – Open Data Folder

Good trading!