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cQ-DATR Burbank MT4 Indicator  

cQ-DATR Burbank MT4 Confirmation Indicator

MT4 - MetaTrader 4
Version 4.00 Build 1160 or greater

March 9, 2022 Updated to v1.2
Download the cQ-DATR Burbank v1.2 MT4 Indicator

Fixed draws indicator correctly, fixed fatl moving average


The cQ-DATR Burbank is confirmation and volume indicator based on the Directional ATR. Though similar to the cQ-DATR Topanga indicator, the Burbank version is different consisting of the DATR with a selectable moving average and period, input into a smoothing moving average. Also it uses has 4 different output modes which change the color of the indicator based on the method selected.

The 4 Output Modes:

  1. Slope
  2. Two Lines Cross
  3. Signal
  4. Zero Cross

Each of these modes has a Fast and a Slow version. The Fast version is smoothed using a single moving average while the Slow version uses three. The Slow moving averages periods are generated by 'Multipliers', one for the medium and another for the slow. These multipliers are then are multiplied by the Period and rounded to the nearest integer. This allows you to maintain a particular relationship between the three moving averages.

The DATR, as usual input modes, Close to Close, High minus the Low, and High minus the Low plus.

There are 3 Input Modes:

  1. Close to Close Mode, calculates the value using the Current Close minus the Previous Close.
  2. High Low Mode uses the current High minus the current Low.
  3. High Low Plus Mode is calculated a little differently. If the current close is greater than the previous close then it subtracts the previous low from the current high. If the current close is less than the previous close then it subtracts the current low from the previous high.

Watch the video to get a better idea of what the indicator does.

This version does not have any buttons so the subwindow indicator isn't required.

cQ-DATR Vanilla Dialog Box