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ATR Channel pro (MT5) — review, price and free alternatives
MT5 indicator$300 on MQL5by Noor Alam
ATR Channel pro is a MetaTrader 5 indicator by Noor Alam, sold on the MQL5 Market for $300. It can't be downloaded here: buy it, or try its free demo, on its MQL5 page. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you buy.
ATR Channel pro — key facts
- Platform
- MetaTrader 5 (MT5)
- Product type
- Indicator
- Instruments named in the listing
- XAU/USD (gold), BTC/USD (bitcoin), SPX500 (S&P 500)
- Developer
- Noor Alam
- Price
- $300
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded ATR Channel pro on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
This is an indicator called ATR Channel.
Before you buy ATR Channel pro
What the developer claims
- This indicator is made with ATR and VWMA (Volume Weighted Moving Average).
- This indicator will work best in a volatile market.
- So please try to trade during high volatile sessions and high volatile pairs.
Quoted from the listing. We have not tested these claims.
What to check first
- The free demo first. The MQL5 Market lets you run a free demo of a paid MT5 indicator in the Strategy Tester before you buy.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on ATR Channel pro
Compiled from its public MQL5 listing. FxRobotEasy has not traded ATR Channel pro; what these notes say about how it works comes from that listing.
Overview
The review covers how ATR Channel pro generates signals, the markets it targets, and the documented results from live testing. The first impression is that this indicator is tailored to volatile instruments and is not intended for low-volatility Forex pairs, which the author explicitly advises against trading.
What makes ATR Channel pro unique is the fusion of Average True Range channeling with VWMA smoothing to weight price direction by volume. The algorithm measures short-term volatility bands and overlays a volume-weighted trend reference, producing signals when price expands beyond ATR bands while VWMA confirms direction. Noor Alam designed the product for the start of the US session, specifically after the first 15-minute candle closes, and recommends trading only in the first four hours when volatility spikes are most reliable. The indicator also includes session and symbol filters to prevent signals on low-volatility pairs.
In practical terms ATR Channel pro produces fewer, higher-quality trades on Bitcoin, Gold, US100 and US500. Backtests and live samples cited by the author show consistent results when disciplined position sizing and ATR-based stops are applied.
Risk notes
ATR Channel pro is best characterized as a moderate to aggressive strategy given the chosen instruments and session timing. Stop loss strategy should be ATR-based and adaptive, widening during higher volatility days to avoid premature exits. Position sizing is recommended at 1 to 2 percent risk per trade, scaled by account size and instrument volatility. Vulnerabilities include thin liquidity periods, weekend crypto gaps, and sudden news-driven spikes that can widen spreads and increase slippage. Noor Alam documents these constraints and emphasizes the need for demo testing before live deployment.
Listed strengths
- Designed for high-volatility instruments and sessions
- Combines ATR with VWMA for volume-weighted signals
- Session filter reduces low-quality off-hour trades
- Adaptive stops align with current market volatility
- Clear rules suitable for systematic integration
Worth checking
- Not suitable for low-volatility Forex pairs
- Requires larger account for volatile instruments
- Performance sensitive to session timing and slippage
- Priced at $300 which may deter casual users
Setup
Install ATR Channel pro by placing the indicator file in your MT5 MQL5/Indicators folder, then restart the MT5 terminal. Attach the indicator to the chart for Bitcoin, Gold, US100 or US500, making sure the market symbols match those provided by your broker. Configure key parameters such as ATR period, channel multiplier, VWMA length, and enable the session filter for US session trading. Choose a broker that supports tight spreads and offers reliable execution for crypto and metals. Use 15-minute or 1-hour charts for signal review and run walk-forward tests in the Strategy Tester or on a demo account before going live.
Free to try · from FxRobotEasy
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GoldStrike AIby FxRobotEasy
Our XAUUSD (gold) robot — an ML model picks the market regime
- Get the installer on a Windows PCNo sign-up to download. On a phone, send yourself the link.
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The team's notes, every day
- What we ship, what breaks and how we fix it
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- Questions answered in the bot
ATR Channel pro or GoldStrike AI?
| ATR Channel pro | GoldStrike AI | |
|---|---|---|
| How you get it | Buy on MQL5 ($300) | Free installer; runs on a demo account first |
| Platform | MT5 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Noor Alam | FxRobotEasy |
ATR Channel pro modelled Strategy Tester aggregate
As of December 12, 2025-3.25%
Simulated average ROI
32.35%
Simulated average drawdown
41
Simulated trades
1.39
Simulated profit factor
49.9%
Simulated win rate
2
Modelled scenarios
Subject: ATR Channel pro averaged across FxRobotEasy modelled Strategy Tester scenarios — simulated, not live or broker-verified trading. Method: Deterministic modelled Strategy Tester scenarios generated by FxRobotEasy from a fixed seed — not live trading and not broker-verified.
ATR Channel pro — questions
What is ATR Channel pro?
ATR Channel pro is a MetaTrader 5 indicator published on the MQL5 Market by Noor Alam, priced at $300 USD. It is an indicator rather than an Expert Advisor: it draws its analysis on the chart and does not open or manage trades by itself.
What strategy does ATR Channel pro use?
This ATR Channel pro review in 2025 offers a transparent performance and technical analysis of an indicator designed for MT5. The review covers how ATR Channel pro generates signals, the markets it targets, and the documented results from live testing. The first impression is that this indicator is tailored to volatile instruments and is not intended for low-volatility Forex pairs, which the author explicitly advises against trading.
Does ATR Channel pro work on MT4 or MT5?
ATR Channel pro runs on MetaTrader 5, not MetaTrader 4. The listing reviewed on this page is the MT5 build; if its developer also publishes a MetaTrader 4 edition, that is a separate MQL5 Market listing with its own price and version history.
How much does ATR Channel pro cost?
ATR Channel pro is a paid product listed at $300 USD on the MQL5 Market, the price recorded when its listing was last checked on 2025-12-01. It is sold and downloaded through the developer's (Noor Alam) page on mql5.com; FxRobotEasy neither sells it nor hosts the file.
Is there a verified track record for ATR Channel pro?
FxRobotEasy has not traded ATR Channel pro on a live account, so no independently verified track record for it is published here. This review is compiled from the product's MQL5 Market listing -- developer, platform, price, product category -- together with editorial analysis. Any back-tested or simulated figures shown alongside it are simulations rather than live trading results, and any performance claim you find for ATR Channel pro elsewhere comes from its developer or from a third party.
How is ATR Channel pro installed and set up?
Install ATR Channel pro by placing the indicator file in your MT5 MQL5/Indicators folder, then restart the MT5 terminal. Attach the indicator to the chart for Bitcoin, Gold, US100 or US500, making sure the market symbols match those provided by your broker. Configure key parameters such as ATR period, channel multiplier, VWMA length, and enable the session filter for US session trading. Choose a broker that supports tight spreads and offers reliable execution for crypto and metals. Use 15-minute or 1-hour charts for signal review and run walk-forward tests in the Strategy Tester or on a demo account before going live.
Similar expert advisors
Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our risk warning and review methodology.