Average Daily Range Levels

The Average Daily Range Levels indicator shows the ADR levels on the chart as if they were supports and resistances and is updated daily.

By default the indicator uses the 5-day average of the daily range.
There are several strategies that suggest that these levels can be used to determine where the price can bounce and it is often said that the price can typically move 75% of the ADR.

In future versions I may add alerts at each level

Can you suggest any changes?

Greetings!
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I have created this  MT4 Tool EA to test if it is more profitable to trade in favor of the mass sentiment of traders or it is better to go against it. Remember to authorize Myfxbook url in WebRequest options in MT4 .  Features: Market Sentiment update every 30 minutes SL TP BreakEven Trail SL Daily Target Profit Max Daily DrawDown (Useful for prop firm) Max Spread Filter Time Filter Custom Trade Comments Protection in case a pair is not read correctly from the web (Prevents improper closing or o
Simple and Easy MT4 Trade Panel by Winidecorw I created this EA to make your life easier by making it easier and faster to open your trades. The price will increase progressively, take advantage now! Simplify Your Trading with the Simple and Easy MT4 Trade Panel Are you tired of wasting time setting up each trade in MetaTrader 4? With the simple and easy MT4 trading dashboard, taking your trading to the next level has never been so quick and easy! This Trade Assistant dashboard is the Simple an
Trend Hunter Beast
Salvador Martinez Ramos
Trend Hunter Beast MT5 Indicator Easy to follow the overall trend by looking at a higher timeframe. Simple entry when the arrow appears. Exits are made on the opposite arrow, or you can place a stop loss below the last low or high, and a stop loss as desired. Applies to any Forex asset, although it is recommended to use pairs with low spreads. You can also use it on crypto assets or indices such as the SP500, etc. Check the trend on higher timeframes such as D1 and H1, and enter in the same d
Smart Remote Trade Assistant MT5: Remote Trading Panel via Telegram for MetaTrader 5 Smart Remote Trade Assistant MT5 is an advanced panel for MetaTrader 5, designed for traders who need to control their operations quickly, securely, and remotely directly from Telegram. Get the   Windows Bridge APP File and Tutorial Bridge file are needed to connect the Telegram Trading Panel to the MT5 EA. Compatible with Windows 10 & Windows 11 - 64 bits - And Windows Server from 2016 This is the introductory
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getcashgod
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getcashgod 2024.08.05 04:11 
 

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