ATR Trailing Stop with 1 Buffer only

ATR Trailing Stop with 1 Buffer only MT5 indicator for multiple cycles. The indicator helps to identify potential trading opportunities in different time frames.

This is an edit of the Mod_ATR_Trailing_Stop by Scriptor found here https://www.mql5.com/en/code/20423.

It has 1 Buffer instead of 2 (1 Line instead of 2 Lines) . I was a fan of the original MT4-LevelStop-Reverse.v2 that was coded originally by Bruce Hellstrom (brucehvn), which used 1 Buffer. This one is the closet I have got to that indicator on MT5.

How to install ATR Trailing Stop with 1 Buffer only Indicator in MetaTrader 5 Forex Trading Platform?

• Extract the downloaded ATR Trailing Stop with 1 Buffer only Indicator.zip file.
• In the MetaTrader 5 trading platform, go to the “File” menu and click “Open Data Folder”.
• Navigate to the MQL5 folder and open the Indicators folder.
• Paste the ATR Trailing Stop with 1 Buffer only Indicator.ex5 file(s) into the Indicators folder.
• Restart the MetaTrader 5 platform.