ATR 3LWMA Indicator
ATR + 3x LWMA trend/volatility confirmation tool · Free · MT4
About ATR 3LWMA Indicator
The ATR 3LWMA indicator, documented at mt4collection.com and best-metatrader-indicators.com, combines the Average True Range (ATR) with three Linearly Weighted Moving Averages (LWMA) to give a trend-following, volatility-aware confirmation tool for MetaTrader 4. The name stands for "Average True Range 3 Linear Weighted Moving Averages."
The default configuration uses three LWMA periods — 14, 25, and 50 — to visualise both short- and longer-term trend direction alongside ATR-based volatility. It's designed to be layered onto any existing trading system or strategy as an additional confirmation filter for trade entries and exits, and works across all currency pairs and timeframes.
- Platform: MetaTrader 4
- Type: ATR + 3x LWMA trend/volatility confirmation indicator
- Default LWMA periods: 14, 25, 50
- Use case: Additional entry/exit confirmation for any strategy
- Price: Free
- Source: mt4collection.com · ATR 3 LWMA MT4 Indicator
Key Features
✓ Free and works on all pairs/timeframes
✓ Combines volatility (ATR) and multi-period trend (3x LWMA) in one view
⚠ As a confirmation-only tool, it's not a standalone trading system — best paired with a defined entry/exit strategy