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ADR Target Indicator MT4

30 USD

Published: 29 August 2026

Current version: 1.0

ADR Target Indicator MT4

Indicators
Part-time Day Trader
Part-time Day Trader
Trader & Developer at Part-time Day Trader

Netherlands

11631
4.9 (13)
- https://parttimedaytrader.com/
Consistent Trading Made Easy
I build practical MT4 and MT5 tools that help traders follow structured execution routines with greater discipline, consistency, and confidence.

18 products
Version: 1.0
Activations: 8

See Potential ADR Entry and Exit Targets at a Glance

ADR Target Indicator combines live Average Daily Range boundaries with selected key price levels in one compact area beside the current price action.

ADR boundaries provide practical intraday exit targets. When price extends beyond the projected range, the market may be exhausted, and the potential for a reaction or reversal may increase. Key price levels beyond the ADR boundaries are therefore higher-probability reversal areas.

Rather than extending every level across the chart, the indicator displays short, customizable level lines in one focused area. This keeps the main price action visible and makes the indicator easy to combine with other trading tools.

Choose a ready-made ADR level set or create a fully customized combination. All active levels update automatically as the market advances.

Built for Traders Who Want To

Identify potential ADR-based entry and exit targets.
See important price levels around the current daily range.
Plan reversal entries near key levels.
Keep the main chart area available for price action and other indicators.
Use ready-made level sets or create a custom combination.

What ADR Target Indicator Does

ADR measures the average distance between the daily high and low over a selected lookback period. Its upper and lower boundaries show the projected daily range and adjust as new highs or lows form throughout the day.

When price moves beyond the ADR range, the market may be stretched or exhausted for the day, increasing the potential for a reaction or reversal. That is why key reversal levels beyond the ADR may offer higher-probability trading opportunities, while the ADR boundaries themselves can function as target zones before the day ends.

The Custom level set also includes an Average Weekly Range (AWR) option. AWR applies the same concept to weekly price movement, making this exhaustion principle suitable for swing trading.

Ready-Made ADR Level Sets

ADR + Round Numbers
ADR + Daily Pivots
ADR + Moving Averages
ADR + Daily Open and Previous Day High/Low

A Custom set is also available for selecting any combination of supported levels. The Custom set includes an optional Average Weekly Range mode for higher-timeframe analysis.

Available Level Types:

Previous Day High and Low
Previous Week High and Low
Current Daily Open
Current Weekly Open
Daily Classic Pivots
Weekly Classic Pivots
Round Numbers
Average Daily Range or Average Weekly Range boundaries
Yesterday’s Point of Control
Up to five customizable moving averages

Core Features

Automatic or Manual Round Numbers
Calculate a suitable round-number interval automatically or define a preferred interval manually.

Up to Five Moving Averages
Configure as many as five moving averages with individual periods, methods, and timeframes.

Level Information on Hover
Hover over a displayed level to view additional information about its price reference.

Easy to Combine With Other Tools
Add ADR-based price targets to an existing price-action, setup, support and resistance, or confirmation workflow without covering the main chart.

Ready-Made or Fully Customizable
Start with a preselected ADR combination or create a custom level set suited to a preferred trading approach.

How to Use

Attach ADR Target Indicator to a chart.
Select one of the ready-made ADR level sets or choose Custom.
Configure the included levels and their settings when using the Custom set.
Use the displayed levels as potential reference areas for planning entries, exits, and profit targets.

Free Demo in Strategy Tester

For the best demonstration, run the Strategy Tester using the Every Tick modeling mode.
Level Information on Hover is not supported in the Strategy Tester.

Feedback Is Always Welcome

Suggestions, comments, and bug reports help refine existing tools and shape future improvements.

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See Potential ADR Entry and Exit Targets at a Glance ADR Target Indicator combines live Average Daily Range boundaries with selected key price levels in one compact area beside the current price action. ADR boundaries provide practical intraday exit targets. When price extends beyond the projected range, the market may be exhausted, and the potential for a reaction or reversal may increase. Key price levels beyond the ADR boundaries are therefore higher-probability reversal areas. Rather tha

30 USD

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ADR Target Indicator MT4

Part-time Day Trader