ATR (Average True Range) (SQ Library)

SQ Indicator Library module · ATR (Average True Range) · Part of a modular scanner/dashboard framework · MT4

About ATR (Average True Range) (SQ Indicator Library)

This page covers the ATR (Average True Range) module from the SQ Indicator Library — a modular MT4 indicator/scanner collection where each individual technical indicator is implemented as its own discrete file (following the naming pattern "sq" + indicator name), designed to plug into a larger multi-indicator dashboard. This modular library style is documented in comparable form by the ASQ Indicator Manager (mql.robotfx.org), which provides a dashboard showing indicator values organised by category (Moving Averages, Oscillators, ADX/ATR-type volatility tools), along with trend direction and trending/ranging market-regime detection.

What ATR (Average True Range) measures: a volatility indicator that measures the average range of price movement over a set period, commonly used to size stop-loss distances relative to current market volatility.

Platform: MetaTrader 4
Library type: Modular scanner/dashboard component (SQ-prefixed indicator series)
Indicator: ATR (Average True Range)
Comparable framework: ASQ Indicator Manager (mql.robotfx.org)

Key Features

✓ Modular design — can be combined with other SQ-series indicators into a single multi-indicator dashboard

✓ Based on an established, well-documented technical analysis concept (ATR (Average True Range))

⚠ As a component of a larger indicator/scanner library, its full context and default parameters are best understood alongside the other SQ modules it's designed to work with

Download EA WhatsApp Support Telegram Channel