Tro Range

Tro Range

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A simple volatility meter which displays sizes of candlesticks in a separate subwindow. If the size of a candlestick is greater than the threshold determined by the input parameter Treshold, the histogram is purple, otherwise it is pink.

//+-----------------------------------+
//|  INDICATOR INPUT PARAMETERS       |
//+-----------------------------------+
input uint Threshold=200; // Threshold in points

This indicator was first implemented in MQL4 and published in Code Base at mql4.com on 23.05.2008.

 

MT5 Indicator – Download Instructions

Tro Range is a Metatrader 5 (MT5) indicator and the essence of the forex indicator is to transform the accumulated history data.

Tro Range provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Based on this information, traders can assume further price movement and adjust their strategy accordingly.

How to install Tro Range.mq5?

  • Download Tro Range.mq5
  • Copy Tro Range.mq5 to your Metatrader Directory / experts / indicators /
  • Start or restart your Metatrader 5 Client
  • Select Chart and Timeframe where you want to test your indicator
  • Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
  • Right click on Tro Range.mq5
  • Attach to a chart
  • Modify settings or press ok
  • Indicator Tro Range.mq5 is available on your Chart

How to remove Tro Range.mq5 from your Metatrader 5 Chart?

  • Select the Chart where is the Indicator running in your Metatrader Client
  • Right click into the Chart
  • “Indicators list”
  • Select the Indicator and delete

Click here below to download MT5 Indicator:

Tro Range

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