Market / MetaTrader 4 / Indicators /

ADR ST Patterns

FREE

Published: 13 July 2017

Current version: 1.0

ADR ST Patterns

4.5

Indicators
Vladimir Poltoratskiy
Vladimir Poltoratskiy
Russia

8679
4.5 (10)
6 products 1 topic 2 comments
Version: 1.0

ADR ST patterns is a modification of the classical ADR indicator. This simple indicator corresponds to the parameters specified in the ST patterns Strategy (https://stpatterns.com/). Structural Target patterns are the market itself, which is consistently divided into components. For the formation of ST patterns, no trend lines, geometric proportions of the model itself, trading volume, or open market interest are needed. They are easily recognized and built only on the basis of breaking through the fractal levels and the distance to the Target. ST patterns remove from the market the uncertainty inherent in the previously known graphic compositions and simplify the work of the trader.

The indicator calculates the average daily range of completed trading days and divides this value by a given amount. The result is displayed as a graph in a separate window. It is possible to use the indicator on various time schedules.

This simple indicator corresponds to the parameters specified in the ST patterns Strategy.

Inputs

ADR Period - number of days used to calculate the average;
Divider - divisor, to which the ADR is divided.

You can set the color and size of the chart in the Colors tab.

more...

Борис Банных 2021.09.04 12:02 #

С января торгую по этой системе. Пользуюсь обоими индикаторами. Простые и удобные. Автору респект за систему и индикаторы.

Juan Gallego 2020.05.28 22:39 #

Good strategy and the indicator works well

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Борис Банных 2021.09.04 12:02 #

[Deleted] 2020.08.15 12:52 #

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Juan Gallego 2020.05.28 22:39 #

Good strategy and the indicator works well

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ADR ST Patterns

Vladimir Poltoratskiy

Inputs