ADR Range Projection Levels MT4

  • Indicators
  • Mattia Marco Platania
    Mattia Marco Platania

    Mattia Marco Platania

    At MetaCoderStore, our goal is to build practical, clean, and reliable MetaTrader indicators that traders can actually use in live chart work. We focus on clear visual tools, useful inputs, and MT4/MT5 versions wherever possible.
  • Version: 1.0
  • Activations: 10

Paid release: ADR Range Projection Levels MT4 is a paid MetaCoderStore indicator. Use the product comments for setup questions, feature requests, and feedback for future updates.

ADR Range Projection Levels MT4 plots practical intraday volatility targets from completed daily ranges, showing whether the current session still has room to expand or has already reached its typical range.

Use cases

  • Plan realistic intraday targets with Average Daily Range projections.
  • See current day open, high, low, ADR upper projection, and ADR lower projection on one chart.
  • Spot exhaustion or range-completion zones when price reaches the projected daily range.
  • Feed EA logic with simple signal, ADR-points, and range-percent buffers.

What it shows

  • ADR upper projection: current day low plus the selected ADR factor.
  • ADR lower projection: current day high minus the selected ADR factor.
  • Current day open, current day high, and current day low.
  • Optional hit markers when price reaches either projection.
  • Hidden data buffers for ADR points, range percent, and signal state.

Main features

  • ADR is calculated from completed daily candles only.
  • Separate upper and lower range factors.
  • Optional popup and push alerts.
  • Current-candle or closed-candle alert evaluation.
  • Works on forex, metals, indices, crypto, and synthetic broker symbols where daily history is available.

Basic use

  1. Attach the indicator to an intraday chart.
  2. Use the ADR upper/lower lines as daily expansion targets or exhaustion zones.
  3. Watch the range-percent buffer to understand how much of the typical daily movement has already printed.
  4. Enable alerts only after confirming the behavior on your broker symbol and timeframe.

Inputs

  • ADRPeriod - number of completed daily ranges used in the ADR average.
  • MaxCalculatedBars - chart bars used for display calculations.
  • UpperRangeFactor / LowerRangeFactor - ADR multiplier for each projection side.
  • ShowHitMarkers and SignalArrowOffsetPoints - visual signal-marker controls.
  • EnableAlerts , AlertOnClosedBarOnly , EnablePopupAlerts , EnablePushNotifications - alert controls.

Buffers for EA integration

  • 0 - ADR upper projection.
  • 1 - ADR lower projection.
  • 2 - current day open.
  • 3 - current day high.
  • 4 - current day low.
  • 5 - upper hit marker.
  • 6 - lower hit marker.
  • 7 - signal value: 1 upper reached, -1 lower reached, 2 both sides touched, 0 neutral.
  • 8 - ADR in points.
  • 9 - current daily range as percent of ADR.

Risk note

ADR is a volatility guide, not a trade signal by itself. News events, rollover gaps, low liquidity, and symbol-specific trading sessions can push price beyond historical range expectations. Test settings on your own broker data before using the indicator in live decisions.

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Price & Time Market Structure Indicator A professional market structure tool that analyzes waves through both price and time — not price alone. Main Description NeoWave PRO is a professional market structure indicator for MetaTrader 4 designed for traders who want to move beyond traditional one-dimensional wave tools such as ZigZag, swing indicators, and basic high/low systems. Most wave indicators analyze only one thing: Price. But a real market wave is not only a price movement. A true wave de
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Oleg Rodin
5 (31)
Indicators
PRO Renko System is a highly accurate trading system specially designed for trading RENKO charts. The ARROWS and Trend Indicators DO NOT REPAINT! The system effectively neutralizes so called market noise giving you access to accurate reversal signals. The indicator is very easy to use and has only one parameter responsible for signal generation. You can easily adapt the tool to any trading instrument of your choice and the size of the renko bar. I am always ready to provide extra support to help
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Kaijun Wang
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This indicator is an indicator for automatic wave analysis that is perfect for practical trading! Case... Note:   I am not used to the Western name for wave classification. Influenced by the naming habit of Chaos Theory (Chanzhongshuochan), I named the basic wave as   pen   , the secondary wave band as   segment   , and the segment with trend direction   as main trend segment   (this naming method will be used in future notes, let me tell you in advance), but the algorithm is not closely relate
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Channel Trend Bands  MTF – A Comprehensive Indicator for Market Analysis MetaTrader 5 Version Simple to Use, Effective in Application User-Friendly and Suitable for All Traders This indicator stands out due to its straightforward functionality. Whether you're a beginner exploring the market or an experienced trader refining your strategy, this tool offers valuable insights. Using a Triangular Moving Average (TMA) with additional ATR-based bands , it provides structured market data to support w
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Noiros Tech
4.14 (7)
Indicators
M & W Pattern Pro is an advanced scanner for M and W patters , it uses extra filters to ensure scanned patterns are profitable. The indicator can be used with all symbols and time frames. The indicator is a non repaint indicator with accurate statistics calculations. To use , simply scan the most profitable pair using the statistics dashboard accuracy , then enter trades on signal arrow and exit at the TP and SL levels. STATISTICS : Accuracy 1 : This is the percentage of the times price hits TP
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Elmira Memish
Indicators
Extreme Value Sniper is a detrended price indicator  Indicator finds the potential reversal levels by checking value ranges and price cycles. MT5 Version of the product :  https://www.mql5.com/en/market/product/114550 It shows the overbought and oversold levels using the average range. Overbought Levels are between 4 and 10 Oversold levels are bewtween -4 and -10 Those levels can be used as a reversal levels. Extreme Value Sniper look for some special divergence and convergence patterns to c
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