ATRR - indicator for MetaTrader 5

The indicator displays the ratio of two ATRs with different periods.

It is calculated by the following formula:

It has two parameters:

• ATR1 Period - ATR1 calculation period;
• ATR2 Period - ATR2 calculation period.

Fig.1 ATRR with the periods of 10 and 20

Fig.2 ATRR with the periods of 10 and 20, and the standard ATR with the period of 20