ADR Reversal Indicator MT5
35 USD
Demo downloaded:
3 163
Published:
25 March 2021
Current version:
1.51
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Lee, I have made an example in a graphics software of what I mean by displaying the price level. Check this out.
Good day Lee,
W.r.t. the attachment, please advise if one should start treating the Low ADR lines as resistance, once price has broken through a level and turns back again. More specifically, if price breaks through and closes the green Reversal Alert, will the 100% low ADR act as a resistance level?
Good day Lee,
W.r.t. the attachment, please advise if one should start treating the Low ADR lines as resistance, once price has broken through a level and turns back again. More specifically, if price breaks through and closes the green Reversal Alert, will the 100% low ADR act as a resistance level?
Theres a video on the website explaining about ways to trade with ADR here https://themarketstructuretrader.com/the-indicators/adr-reversal-indicator/
Hi Lee,
I am getting the H/L 100% ADR lines right next to each other and sometimes crossing over each other which puts them on opposite ends. Can you please help me resolve this?
Hi Lee,
I am getting the H/L 100% ADR lines right next to each other and sometimes crossing over each other which puts them on opposite ends. Can you please help me resolve this?
That because you have a 200% ADR + day happening, perfectly normal. If you need more help understanding the indicator, there is a video on the website here: https://themarketstructuretrader.com/the-indicators/adr-reversal-indicator/ or you can come into the live room which runs for many hours twice every day here: https://themarketstructuretrader.com/the-live-room/
Hi LEE
I've got a question on how ADR Lines are displayed
When display them on my graph it seems that distance between ADR 100% high and low lines is more than 2 ADR. (388 pips between 100% H&L lines as investing tells ADR is 167 pips)
I was thinking that the difference between 100% ADR h&l lines was 1 ADR and that the 100% h&L ADR lines were displayed centered near the medium low and high of the day. Did I misunderstood something ?
Same analysis on EURUSD
Hi LEE
I've got a question on how ADR Lines are displayed
When display them on my graph it seems that distance between ADR 100% high and low lines is more than 2 ADR. (388 pips between 100% H&L lines as investing tells ADR is 167 pips)
I was thinking that the difference between 100% ADR h&l lines was 1 ADR and that the 100% h&L ADR lines were displayed centered near the medium low and high of the day. Did I misunderstood something ?
Same analysis on EURUSD
Explained in this video https://themarketstructuretrader.com/the-indicators/adr-reversal-indicator/
Explained in this video https://themarketstructuretrader.com/the-indicators/adr-reversal-indicator/
I watched the video before asking you : one time before buying and an other this morning. English is not my langage and I probably missed something in the video. Can you take a few seconds to tell me why difference between lines is not only one ADR and why the calculated ADR is different from investing ?
I watched the video before asking you : one time before buying and an other this morning. English is not my langage and I probably missed something in the video. Can you take a few seconds to tell me why difference between lines is not only one ADR and why the calculated ADR is different from investing ?
Lines are drawn from the low of the day up to ADR high and the high of the day down to ADR low. They move dynamically during the day.
Hello, the indicator has stopped working without any error messages. Any thoughts? Many thanks
It doesn't seemt ot work with FTMO's MT5 client. The official MT5 client has no issues,
It doesn't seemt ot work with FTMO's MT5 client. The official MT5 client has no issues,
Probably needs an update. There was a bug in MT5 which stopped all indicators and EAs working, update to the latest version or contact FTMO if still having issues.
i just bought product and its saying installation failed
thats one for Google or MQL5 support, nothing to do with the indicator