BAT ATR Indicator
Platform: MT4 Type: Momentum Last update: April 23, 2026The BAT ATR Indicator for MT4 displays one-side price band based on Average True Range calculations.
Example chart:
How to use the BAT ATR Indicator?
As you can see on the EUR/AUD H4 chart, the indicator either red or blue band.
Blue line suggests bullish momentum and long trade opportunity. Conversely, red line reveals bearish momentum and potential short trade opportunity.
A signal is triggered on confirmed color switch (after first closed candle).
The BAT ATR Indicator gives the best results during larger price swings and tend to perform poorer during sideways price movements.
