• Overview
  • Reviews (9)
  • Comments (27)
  • What's new

Netsrac ADR Dashboard

The intention of the dashboard is to provide a quick overview of the daily, weekly and monthly range of configured assets. In "single asset mode" the dashboard shows you possible reversal points directly in the chart, thus making statistics directly tradable. If a configured threshold is exceeded, the dashboard can send a screen alert, a notification (to the mobile MT4) or an email. 

There are various ways of using this information. One approach is that an asset that has completed nearly 100% of its average daily movement shows a tendency to reverse. Another approach is to observe the assets, which has a very low volatility compared to the average. Now the challenge is to trade the breakout from this low volatility.

These are just two possible strategies for which the dashboard can be an important aid. Discover the possibilities!

For full description of the controls, please watch my blog entry (https://www.mql5.com/en/blogs/post/732999).

    Note: This indicator can not be used in the Strategy Tester. So the demo version here from the market does not work. Please use the free version of the indicator for testing:  https://www.mql5.com/de/market/product/33913

    This is the MT4-Version of the ADR-Dashboard. If you want it for MT5, go to  https://www.mql5.com/en/market/product/52708


    Reviews 9
    Andrew Lee
    1920
    Andrew Lee 2020.10.20 23:48 
     

    This ADR indicator is a brilliant. Love the dashboard view and the compact single currency option. The information is extremely well laid out and is a great asset to my trading tools. Support from Carsten is amazing - a small display issue I was experiencing was quickly resolved so 5+ stars for support if I could give it.

    John Greydanus
    469
    John Greydanus 2020.08.28 05:31 
     

    I totally agree with previous user comments = I am quite familiar with ADR indicators, and this is without a doubt the best and most powerful ADR indicator I have seen thus far. It takes a little time to learn how everything works, but the developer is very helpful to answer questions and to provide solutions if needed. I have complete confidence in this product and in the ability of the coder (Carsten) who created it. Highly recommended! And would like to add, not only most excellent as a Dashboard but also when applied to each individual chart. The price levels are great when in a trade, as daily and weekly target levels are clearly displayed, can't be beaten. I'll be buying for MT5 as well.

    Ralph
    137
    Ralph 2020.08.17 04:45 
     

    Phenomenal indicator, I highly recommend it!!

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    Andrew Lee
    1920
    Andrew Lee 2020.10.20 23:48 
     

    This ADR indicator is a brilliant. Love the dashboard view and the compact single currency option. The information is extremely well laid out and is a great asset to my trading tools. Support from Carsten is amazing - a small display issue I was experiencing was quickly resolved so 5+ stars for support if I could give it.

    Devonish
    1678
    Devonish 2020.04.21 13:19 
     

    I think this is a very good tool, although it's taking a little time for me to understand the principles of how to apply this to my technical trading. Carsten is a very helpful developer who responds quickly. Update: Sept'20: New additions to the tool are very useful. Thank you for continued ongoing support and development.

    John Greydanus
    469
    John Greydanus 2020.08.28 05:31 
     

    I totally agree with previous user comments = I am quite familiar with ADR indicators, and this is without a doubt the best and most powerful ADR indicator I have seen thus far. It takes a little time to learn how everything works, but the developer is very helpful to answer questions and to provide solutions if needed. I have complete confidence in this product and in the ability of the coder (Carsten) who created it. Highly recommended! And would like to add, not only most excellent as a Dashboard but also when applied to each individual chart. The price levels are great when in a trade, as daily and weekly target levels are clearly displayed, can't be beaten. I'll be buying for MT5 as well.

    Ralph
    137
    Ralph 2020.08.17 04:45 
     

    Phenomenal indicator, I highly recommend it!!

    De Airelle Val
    30
    De Airelle Val 2020.05.28 03:55 
     

    This is phenomenal!

    Daniele Tosolini
    317
    Daniele Tosolini 2020.01.23 11:54 
     

    Great dashboard!!! It still have some things to improve but it's a really good instrument I like it very much!!!

    Carsten is also very helpful !!

    cvdestyfx
    2311
    cvdestyfx 2020.01.22 17:56 
     

    I am quite familiar with ADR indicators, and this is without a doubt the best and most powerful ADR indicator I have seen thus far.

    It takes a little time to learn how everything works, but the developer is very helpful to answer questions and to provide solutions if needed.

    I have complete confidence in this product and in the ability of the coder (Carsten) who created it. Highly recommended!

    Ikechukwu Emmanuel Okaro
    913
    Ikechukwu Emmanuel Okaro 2019.07.23 12:41 
     

    This indicator is a must have for any serious trader. Welldone Carsten!

    Arnel Arnao
    1512
    Arnel Arnao 2019.07.03 07:37 
     

    Excellent Indicator. If you can add another column for the underlying trend short term and long term trend this will be a perfect indicator for level traders.

    Reply to review
    Version 4.2 2021.03.15
    - fixed "division by zero" error
    Version 4.1 2021.01.26
    - visual backtest mode in the full version (show past periods in the chart for a visual backtest) - see blog for details
    Version 4.0 2020.10.20
    New: UHD mode for high screen resolutions
    Version 3.9 2020.09.24
    - New Targetmode "locked range": If you are using ADR-Dashboard in "Single Asset Mode" as a tool to find trading targets, this mode can be very helpful. It uses the exact value for the daily/weekly/monthly range, depending on the position of price in relation to the daily/weekly/monthly open. Check it out (Variable TAM) - it is a very cool feature.
    Version 3.8 2020.08.18
    Fixed: bug which can produce "division by zero - error"
    Version 3.7 2020.06.02
    - Small fix: Headings now can have it's own color (some people had problems with the colors)
    Version 3.6 2020.04.20
    - fix on the prefix/suffix function
    Version 3.5 2020.04.20
    - Added variable to input prefix and suffix
    Version 3.4 2020.04.19
    - New variable OF17 to change the dashboard resolution to fit better on small screens
    Version 3.3 2020.02.28
    * alert system improvements - new lock alert mode for less annoying alerts
    * the values for the average daily, weekly and monthly range are now updated regularly
    * some detail improvements
    Version 3.2 2020.01.22
    * bugfix: target line label remains on chart after closing the indicator
    * bugfix: if using a template with ADR-Dashboard in single asset mode, the name of the asset is not changing
    * suggestion implemented: choose, if the indicator opens new charts in the same or in a new window
    Version 3.1 2020.01.21
    * Fixed a small bug in the alert system (alert time out had no effect in dashboard mode).
    Version 3.0 2020.01.21
    * completely redesigned - please read the description and my blog entry
    Version 2.4 2019.04.10
    - Bugfix and improvements in Alert-Engine
    Version 2.3 2019.04.01
    - New Single Asset Mode to use the dashboard for one asset on the chart
    - optional: projection of Daily Target High/Low (DTH/DTL) in the chart (in Single Asset Mode)
    - Redesign of the Alert-Engine (now fewer but better alerts)
    Version 2.2 2019.03.19
    - improvement in the view of Daily Target High/Low
    Version 2.1 2019.02.11
    - "unused" area up- and downwards (DTH/DTL) added to easier spot a potential reversal
    Version 2.0 2019.01.18
    - now Comparison of a configurable ADR with the reference ADR possible
    - Extend the dashboard by percentages for each comparison value
    - Free configurable graphics schema