Average Daily Range Marker

  1. The Average Daily Range shows the dynamic levels of average pip range on a pair measured based on the daily Highs and Lows over a certain periods.
  2. You can use the ADR to visualize potential price action outside the average daily move. When ADR is above average, it means that the daily volatility is higher than usual.
  3. The ADR can be helpful in setting targets for positions. If the ADR shows you that a pair has an average daily range of 80 pips, then it might be wise to tighten up your target in this range.
  4. ADR Marker is also useful for trading intraday reversals. If a currency pair reaches the top of a daily range, then it could be due for a reversal, and you could capture a potential retracement.


Indicator parameters

  • ADRPeriod - calculating the period of average daily range in days (default 14)
  • LineStyle - style of the displayed lines (default 2)
  • LineColorNotReached - the color of the lines when ADR are not reached (default Aqua)
  • LineWidthNotReached - width of the lines when ADR are not reached (default 2)
  • LineColorReached - the color of the lines when ADR are reached (default Blue)
  • LineWidthReached - width of the lines when ADR are reached (default 2)
  • PositionForLabels - position of the price value labels under the lines (default 0)
  • UseManualADR - option for usage of manual ADR value(default false)
  • ManualADRValuePips - input your ADR value in pips (default 0)
  • ShowInfo - display the information text (default true)


How to configure the indicator

  • The indicator is provided with option for manual input of ADR, which allows you to use your own ADR value in pips.
  • If you want to give a try with different settings you can open Indicator list, choose AI_ADR_Marker and click on "Inputs" tab.
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Identify ranges  | Get earliest signals of Trends  | Get clear exits before reversal  | Spot the Fibo levels the price will test Non-repainting, non-delayed indicator - ideal for manual and automated trading - for all assets and all time units After purchase,   please contact me   for recommended and personalised settings Version   MT4  -  MT5   |  Check our   3 steps MetaMethod  to maximise your profits:   1. TrendDECODER  2. PowerZONES  3. BladeSCALPER   What is it about? TrendDECODER is a c
M1 Arrow
Oleg Rodin
4.81 (21)
Indicators
M1 Arrow is an indicator which is based on natural trading principles of the market which include volatility and volume analysis. The indicator can be used with any time frame and forex pair. One easy to use parameter in the indicator will allow you to adapt the signals to any forex pair and time frame you want to trade. Besides the main algorithm which is based on buy and sell signals, the indicator also has multiple built-in extra strategies which you can choose in the inputs. These strategies
Index Statistics and Session Level Analysis
Lee Samson
Indicators
Stop Guessing. Start Trading with a Statistical Edge. Stock indices don't trade like forex. They have defined sessions, they gap overnight, and they follow predictable statistical patterns. This indicator gives you the probability data you need to trade indices like the DAX, S&P 500, and Dow Jones with confidence. What Makes This Different Most indicators show you what happened. This one shows you what's likely to happen next.  Every trading day, the indicator analyses your current setup against
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Market Working Time Marker
Stoyan Roev
Indicators
The indicator shows when every market session starts and finishes in colored frame box. It includes the Stop Hunt Boxes which shows pockets of liquidity, found at places where traders put their stop losses on existing positions. Contains EMA crossover alert on 50 EMA , 200 EMA and 800 EMA . It can be used in many Forex strategies and for easier observe of the chart. Indicator parameters NumberOfDays - period of drawing the frames, default is 50 days; Draw_asian_box - draw the box of Asian sess
Semaphore and ABC Pattern
Stoyan Roev
5 (5)
Indicators
The indicator places Semaphore points on the maximum and minimum of a higher, medium and lower period. It includes A,B,C Triangles for easier spotting of reversal chart pattern which occurs very frequently and has a very high success ratio. Both Semaphore and A,B,C Triangles have Alerts and Push notifications to a mobile device when they occur on the chart. These indicators are very useful for breakout trading and spotting support/resistance levels which gives good opportunities for positions.
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Alexander Buchanan
461
Alexander Buchanan 2021.03.24 11:28 
 

On all my charts very handy detail.

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