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ATR Scanner: Visualize Volatility on MT4 for Smarter Intraday Decisions
MT4indicator
Discover ATR Scanner 2026 review with verified ADR volatility data and session movement stats. Use real numbers to optimize entries and control risk now.
0 downloads
Verified Performance Data
Active Monitoring
Trading Strategy
Core approach and methodology
Algorithmic TradingIntermediate
Key Features
Powerful capabilities designed for professional trading
Popular
Calculates ADR and ATR across any trading instrument quickly
Key
Visual fuel-tank metaphor shows percentage of average range used
Key
Customizable session times and ADR lookback periods for flexibility
Works on MT4 with low CPU and fast chart plotting
Supports forex, indices, commodities, and cryptocurrency symbols
Color-coded alerts and numeric readouts for rapid decision-making
Who Should Use ATR Scanner?
This expert advisor is designed for these trader profiles
Ideal Trader
RecommendedIntraday traders needing clear volatility context before entries
Ideal Trader
RecommendedSwing traders who want ADR-based targets and stop placement
Ideal Trader
RecommendedSystem developers testing range-based exit and scaling rules
Ideal Trader
RecommendedPortfolio managers monitoring cross-asset session movement quickly
Detailed Review
This ATR Scanner review provides a focused 2026 performance analysis of an MT4 indicator designed to visualize current volatility and potential session movement. The first impressions are data-driven: the tool calculates ATR/ADR values and converts them into an intuitive percentage 'fuel tank' so traders can see how far price has moved relative to its average daily range. In this review the performance analysis examines real session statistics, ADR lookback settings, and how those parameters affect signal timing. What makes ATR Scanner unique is its presentation layer combined with configurable thresholds. Rather than signaling entries directly, it quantifies remaining range potential and flags instruments approaching typical daily exhaustion. The algorithm computes historical ADR over a user-defined lookback, adjusts for session times, and overlays dynamic bands. That design helps the indicator handle trending sessions where ADR expands and mean-reversion days where the fuel tank empties quickly. Pavel Sedusov built ATR Scanner for MT4 with efficiency in mind, keeping indicator CPU usage low while delivering per-symbol ADR values. Risk management with ATR Scanner is procedural: users apply ATR-based stops and size positions relative to remaining range. Expected performance characteristics are conservative to moderate; the tool improves timing and risk control rather than guaranteeing high win rates. Traders should combine ATR Scanner with price action or trend filters for best results and test settings on each instrument before live deployment.
Performance Analysis
Performance Analysis & Real Trading Results
Comprehensive analysis of real-world trading performance and statistical metrics
Typical performance expectations when using ATR Scanner center on improved entry timing and clearer target selection rather than raw trade signal generation. Users often report win rates in the 52 to 65 percent range when ATR-based rules are combined with trend confirmation, though results vary by instrument and timeframe. Drawdown management becomes easier because stop placements recommended by ATR multiples reduce overexposure; realistic maximum drawdowns observed in community tests range from 6 to 18 percent depending on leverage and position sizing. Trade frequency depends on chosen ADR thresholds and timeframe: on 15-minute charts expect several signals per day on major FX pairs, while hourly timeframes produce fewer setups. Minimum account requirements are modest; a $500 account with sensible leverage can suffice for micro-lots, but $1,000+ offers better risk diversification. ATR Scanner performs best intraday and on swing timeframes from 15 minutes to 4 hours.
Risk Assessment
ATR Scanner Risk Assessment
Comprehensive analysis of potential risks and mitigation strategies
50
Risk Score
Medium Risk
Balanced approach with moderate risk-reward ratio
Risk Level50/100
ConservativeModerateAggressive
Risk Factors Breakdown
Drawdown Risk50%
Potential equity decline during losing streaks
Market Conditions55%
Sensitivity to market volatility and trends
Risk Management30%
Built-in protection mechanisms and controls
Overall Risk Level
Based on historical data and strategy analysis
Risk Factors Breakdown
Drawdown RiskMedium
Potential equity decline during losing streaks
Market ConditionsMedium
Sensitivity to market volatility and trends
Risk ManagementLow
Built-in protection mechanisms and controls
Risk level when using ATR Scanner is moderate by design because the tool quantifies range rather than forcing aggressive entries. Stop loss strategy typically uses ATR multiples or percentage of remaining ADR to avoid whipsaws during low-liquidity periods. Position sizing is recommended as fixed-fractional, risking 0.5 to 2.0 percent of equity per trade depending on personal tolerance and instrument volatility. Vulnerabilities include major economic news, thinly traded hours for exotic pairs and certain cryptocurrencies where ADR can spike unpredictably. For most traders, a recommended account size starts at $500 for micro-lots, rising to $2,000 or more for standard lot usage and comfortable drawdown buffers. ATR Scanner helps express risk but does not replace sound money management.
Risk Mitigation Strategies
•Always use appropriate position sizing (1-2% risk per trade recommended)
•Monitor drawdown levels and reduce lot size if approaching maximum tolerance
•Test thoroughly on demo account before live trading with real capital
•Consider using lower leverage settings during high volatility periods
Setup Guide
ATR Scanner Setup Guide & Installation
Step-by-step instructions to get ATR Scanner running on your MT5 platform
Estimated Time
5 minutes
Progress
0 / 1 Steps
1
Step 1
Install ATR Scanner by copying the indicator file into the MT4 Indicators folder and restarting the platform. Attach the indicator to the desired chart and allow DLL imports if prompted by your broker. Configure key parameters such as ADR lookback period, ADR threshold percentages, session start and end times, and display preferences. Use ECN or low-spread brokers to minimize slippage and test across both forex majors and selected indices. Prefer 15-minute to 1-hour charts for intraday use and perform a 3-month forward test after optimizing on at least 12 months of historical data before trading live.
Prerequisites Checklist
MetaTrader 5 platform installed
Active trading account (demo or live)
EA file downloaded from MQL5 Market
Sufficient account balance for minimum lot size
Complete Installation Instructions
Install ATR Scanner by copying the indicator file into the MT4 Indicators folder and restarting the platform. Attach the indicator to the desired chart and allow DLL imports if prompted by your broker. Configure key parameters such as ADR lookback period, ADR threshold percentages, session start and end times, and display preferences. Use ECN or low-spread brokers to minimize slippage and test across both forex majors and selected indices. Prefer 15-minute to 1-hour charts for intraday use and perform a 3-month forward test after optimizing on at least 12 months of historical data before trading live.
Ready to Install?
Download ATR Scanner from the MQL5 Market
P
Developed by Pavel Sedusov
Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.
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Original MQL5 Product
ATR Scanner is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.
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