HerrBertling

Average True Range Channels

Plots three Average True Range channels as described in Alexander Elder's "The New Trading for a Living".

You can adjust the EMA and ATR days that are the basis of these channels.

This is my first script – happy to get any feedback on this! Thanks :)
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Please, how do I use this indicator? At what level should I buy or sell as there are 3 upper and lower band
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Great Indicator, thanks a lot!.

One point, if someone can help me...when I add the indicator I see the bars flattening.
Is there a way to see them with the normal size?

Thanks a lot!
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how did you color the bars with the Impulse system?
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@mkishon, if you go into the settings of the Impulse System, there is a checkbox for "ShowColorBars" in the "Input" tab which does this :)
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Love the script!
Have you tried to create an Expert Adviser for Metatrader 4 out of it?
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HerrBertling mastercharts
@mastercharts, no I haven't – never looked into that.
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