This indicator creates a channel relative to other chart indicator: indicator ATR and indicator – ATR. Useful to know if price has gone up too far of your baseline. The ATR levels can be adjusted with a multiplier.
-This indicator depends on other indicator that needs to be present in your charts.
-When changing your other indicator’s settings, you’ll need to restart the “ATR to Baseline” indicator (or the chart) for it to get the new values.
-If you delete the indicator which is attached to, it will keep getting values until you restart MT5 or change Symbol/Timeframe (then it would be deleted).
-It is recommendable to have this two indicators first in your charts, because if you have other indicator with lower index (meaning that it was added before) and delete it, the other indicators’ indexes may change and return wrong values (or be deleted if there is a failure).
-This indicator depends on other indicator that needs to be present in your charts.
-When changing your other indicator’s settings, you’ll need to restart the “ATR to Baseline” indicator (or the chart) for it to get the new values.
-If you delete the indicator which is attached to, it will keep getting values until you restart MT5 or change Symbol/Timeframe (then it would be deleted).
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-It is recommendable to have this two indicators first in your charts, because if you have other indicator with lower index (meaning that it was added before) and delete it, the other indicators’ indexes may change and return wrong values (or be deleted if there is a failure).
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