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INS Average Daily Range

FREE

Published: 6 September 2026

Current version: 1.51

INS Average Daily Range

Indicators
Jeffrey John Reduca Rama
Jeffrey John Reduca Rama
Philippines

292
I develop Expert Advisors, Indicators, and Trading Utilities for the MetaTrader platform, with a focus on clean code, reliable performance, and practical trading solutions.

1 comment
Version: 1.51

The ADR Dashboard indicator calculates the Average Daily Range (ADR) from recent daily bars and displays key intraday levels (today’s high/low, ADR targets, previous period highs/lows, and optional round numbers) directly on the chart, along with a real‑time dashboard summarizing ADR metrics.

Features:

Computes ADR from a customizable number of daily bars (default 14).
Three selectable target bases: Today’s Low/High, Open, or Previous Close.
Draws trend lines for:
- Today’s High and Low
- ADR Target High and Low
- Previous Day High/Low
- Previous Week High/Low
- Previous Month High/Low
- Round Numbers (with configurable step and number of levels)
Individual visibility toggles for each line and label.
On‑chart dashboard showing:
- ADR value in pips
- Percentage of ADR already reached
- Today’s range and high/low
- Target high/low and distance to targets
Adjustable dashboard position, font, size, and colors.
Automatically updates on every tick.

Advantages:

Quickly assesses market volatility and potential daily range targets.
Helps identify overextension or mean‑reversion levels based on ADR.
Flexible target calculation suits different trading styles (breakout, fade, etc.).
Visualizes key support/resistance from previous periods.
Round numbers highlight psychological price zones.
Saves time by automatically drawing and updating levels.
Works on any symbol and timeframe, using daily data for the ADR calculation.
Fully customizable appearance to fit personal chart preferences.

more...

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INS Average Daily Range

Jeffrey John Reduca Rama