Netsrac ADR Dashboard

4.92

ADR Dashboard for MT4 – Put Price Movements into Context

How far has a market already moved today? Is its current trading range unusually narrow or already close to its historical average? The ADR Dashboard helps you answer these questions at a glance – across multiple configurable markets or directly on a single asset’s chart.

What Does the Dashboard Show?

ADR stands for Average Daily Range: the average difference between a day’s highest and lowest prices. It measures the daily trading range, rather than the price change from the previous day.

The dashboard compares the current daily, weekly and monthly trading ranges with their respective historical averages. This helps you identify markets that have already made a substantial move and those that have remained relatively quiet.

For example, a reading of 80% of the average daily range means that today’s high-to-low range has reached four fifths of its historical average. It does not mean that only 20% of movement remains: an average is a reference value, not a fixed price limit.

How Can You Use This Information?

  • Assess extended movements: When a market has already covered much of its average range, you can evaluate a potential entry in the context of the movement that has already taken place.
  • Monitor quiet markets: A small range relative to the average can indicate a quiet trading session. This may be useful when looking for potential breakout setups.
  • Compare different time horizons: The daily, weekly and monthly views help you place short-term price movements within a broader context.

Reaching the average range is not, by itself, a reversal signal. Likewise, a narrow range does not automatically predict a breakout. Use the dashboard as an additional source of information within your own trading strategy.

Monitor Multiple Markets or Focus on One Chart

In Dashboard Mode, you can monitor your configured assets together. This makes it easier to compare markets and focus your attention on those that deserve a closer look.

In Single-Asset Mode, the indicator displays potential reversal areas directly on the chart. You can assess these statistical reference areas alongside current price action. They provide guidance, rather than guaranteed turning points.

Alerts for Your Defined Thresholds

When a configured threshold is exceeded, the dashboard can trigger an on-screen alert, send a push notification to your mobile MT4, or notify you by email. Push notifications and email require the corresponding settings to be configured in your terminal.

User Guide and Free Test Version

For a detailed explanation of the settings and controls, please see the user guide on my blog.

Please note: This indicator cannot be used in the Strategy Tester. The Market demo therefore cannot be used to evaluate it. Please use the free version of the ADR Dashboard for testing instead.

This product is the MT4 version. If you use MetaTrader 5, you can find the MT5 version here.

Reviews 14
En Shahdi
299
En Shahdi 2025.10.07 15:18 

Netsrac ADR Dashboard by Carsten Pflug is truly one of the best indicators I’ve ever used. It’s extremely helpful for reading market range, identifying continuation or exhaustion zones, and aligns perfectly with my own trading system. Carsten Pflug is an outstanding developer — very fast to respond, professional, and always willing to share useful tips whenever I ask questions. Thank you so much for this powerful indicator — it has really helped me make clearer and more confident trading decisions every single day!

MP_mpap
633
MP_mpap 2025.06.29 19:52 

The most complete dashboard available. Anyone working with ADR will be 100% satisfied! Highly recommended!

lauro1956
5913
lauro1956 2022.01.06 12:41 

Very good board mr Pflug ... complete and clear

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As a tribute to all the "quants" and "quantums" in this market who promise to make you rich quickly and easily, my ADR Dashboard is now just $39 — until summer is over, or perhaps a little longer. It won't make you rich quick, but it gives you a perfect view of the potential trading ranges of an asset. 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
This is the free version of the Supply&Demand + Trendline + Trend tool. This version works only with EURCHF! You find the full version here:  https://www.mql5.com/en/market/product/67274 PAAIOS stands for   Price   Action   All   In   One   Solution. And that is the purpose of the Indicator. It should give you a tool to improve your trading decisively because you get the crucial information at a glance. The indicator simplifies the search for strong signals. It shows trend lines, demand and su
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Netsrac SuPrEs
Carsten Pflug
5 (1)
The SuPrEs indicator indicates the distance to the next horizontal line whose name begins with the configured prefix (see Options). usage Draw support & resistance in the chart and let the indicator warn you, as soon as a configured distance is undershot. Use the prefix to provide alarms for other lines as well as standard lines (see screenshot with pivot indicator). Display of the indicator The indicator displays the distance to the next line above and below the current (Bid) price. Not more
FREE
The dashboard should help to get a quick overview of the correlations of different assets to each other. For this, the value series are compared according to the Pearson method. The result is the value of the correlation (in percent). With the new single asset mode, you can immediately see which symbols have the highest positive or negative correlation. This prevents you from accidentally taking a risk on your trades with highly correlated symbols. Usage There are different methods for the corr
With the SR Dashboard, you get a powerful tool to control some of the most important information in trading. Assemble a setup according to your strategy and get informed as soon as this setup is valid. Assign scores to defined conditions and let the Dashboard find them. Choose from Trend, Average Daily Range, RSI, Moving Averages, Pivot (Daily, Weekly, Monthly), Highs and Lows, Candlestick Patterns. Note: This indicator cannot be used in the Strategy Tester. The demo version here from the marke
Netsrac Correlation Trader
Carsten Pflug
4.73 (15)
As a tribute to all the "quants" and "quantums" in this market who promise to make you rich quickly and easily, my Correlation Trader is now just $69 — until summer is over, or perhaps a little longer. It won't make you rich quick, but it gives you a perfect view of the potential correlation trading opportunities. Nothing more, nothing less. Netsrac Correlation Trader (NCT) is a very powerful tool to trade positive and negative correlated currency pairs with hedged orders.  1) It looks for posi
The Netsrac Correlation Trade Indicator (NCTI) was created to trade correlations between different assets. NCTI offers five different strategies to do this. Five different correlation trading strategies with two or three assets Fast access your assets with one click via asset buttons Your profit/loss at a glance Configurable alerts via screen or mobile You can use the indicator with every timeframe. Higher timeframes give fewer but better signals. If you have some questions or suggestions - ple
Netsrac PAAIOS
Carsten Pflug
5 (6)
As a tribute to all the "quants" and "quantums" in this market who promise to make you rich quickly and easily, my PAAIOS is now just $50 — until summer is over, or perhaps a little longer. It won't make you rich quick, but it gives you a perfect view of the Supply&Demand zones, the Support&Resistances and the trendlines of an asset. PAAIOS stands for Price Action All In One Solution. And that is the purpose of the Indicator. It should give you a tool to improve your trading decisively because
Netsrac "Supply and Demand Easy" is a small but highly specialized tool for quickly finding supply & demand zones without frills. It shows the next supply and demand zone in the current timeframe. Highly efficient and fast. Works perfectly with the Netsrac "Supply and Demand Dashboard" (https://www.mql5.com/en/market/product/96511 ) Controls Variable Description (SD01) Supply color Set your color for supply zones (default is LightCoral) (SD02) Demand color Set your color for demand zones (defau
The Netsrac Supply&Demand Dashboard shows you at a glance where relevant zones are located on your favorite assets. Open your chart directly from the dashboard and trade zones that really matter. Features Finds the next relevant supply and demand zone and displays the distance to this zone (in pips) Finds and displays the zones in three different timeframes Calculates a trend indicator for the current and past candle for each configured time frame Opens a chart with your chart template directly
The Netsrac Correlation Trade Indicator (NCTI) was created to trade correlations between different assets. NCTI offers five different strategies to do this. Five different correlation trading strategies with two or three assets Fast access your assets with one click via asset buttons Your profit/loss at a glance Configurable alerts via screen or mobile You can use the indicator with every timeframe. Higher timeframes give fewer but better signals. If you have some questions or suggestions - ple
With the SR Dashboard, you get a powerful tool to control some of the most important information in trading. Assemble a setup according to your strategy and get informed as soon as this setup is valid. Assign scores to defined conditions and let the Dashboard find them. Choose from Trend, Average Daily Range, RSI, Moving Averages, Pivot (Daily, Weekly, Monthly), Highs and Lows, Candlestick Patterns. What can you do with this tool? Use the dashboard as a powerful tool for your discretionary trad
THE flexible Expert Advisor for Custom Trading Strategies in MetaTrader 5 The Netsrac TradeAid expert is a powerful tool for traders looking to develop their own trading strategies in MetaTrader 5. With this expert advisor, you can combine a variety of technical indicators and trading rules with a simple "If This (AND This...) Then That" logic to create tailored trading strategies that match your individual preferences. You don´t need any knowledge in MQL5 coding language to build your own exper
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En Shahdi
299
En Shahdi 2025.10.07 15:18 

Netsrac ADR Dashboard by Carsten Pflug is truly one of the best indicators I’ve ever used. It’s extremely helpful for reading market range, identifying continuation or exhaustion zones, and aligns perfectly with my own trading system. Carsten Pflug is an outstanding developer — very fast to respond, professional, and always willing to share useful tips whenever I ask questions. Thank you so much for this powerful indicator — it has really helped me make clearer and more confident trading decisions every single day!

MP_mpap
633
MP_mpap 2025.06.29 19:52 

The most complete dashboard available. Anyone working with ADR will be 100% satisfied! Highly recommended!

wdbnz1
84
wdbnz1 2023.03.20 06:10 

A very good indicator, well-designed, and easy to use. Carsten responds to questions efficiently and is extremely helpful in clarifying the functionality of the Dashboard. I have been successfully live trading with the Dashboard for over a year and can highly recommend it. Good value for money!

lauro1956
5913
lauro1956 2022.01.06 12:41 

Very good board mr Pflug ... complete and clear

CasiousD
873
CasiousD 2021.11.16 20:15 

Best ADR indicator I have tried. Provides a ton of information that is almost entirely customizable, and all very useful. From determining the lookback periods individually for daily, weekly, and monthly ranges, previous day range and even a customized range of your own, to the customization of the lines drawn on the chart to represent each range, and the indications of how far away price is from the highs or lows of each range...this is such an in depth and valuable indicator. And the ability to use it as a dashboard with multiple instruments or just a single instrument on the current chart is great. Basically, you have unlimited flexibility with this indicator to pretty much set up this ADR indicator to suit whatever your trading style is.

Andrew Lee
2593
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
804
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
230
Ralph 2020.08.17 04:45 

Phenomenal indicator, I highly recommend it!!

De Airelle
49
De Airelle 2020.05.28 03:55 

This is phenomenal!

Devonish
3303
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.

Daniele Tosolini
294
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
2945
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
1003
Ikechukwu Emmanuel Okaro 2019.07.23 12:41 

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

Arnel Arnao
2294
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.

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