Market / MetaTrader 4 / Indicators /

DR IDR for all sessions

FREE

Published: 14 December 2022

Current version: 1.11

DR IDR for all sessions

Indicators
Chi Chun Ho
Version: 1.11
Updated: 27 December 2022

Updates
9/12/2023 - If you are looking for the Spock EA, I don't sell it anymore. DM me for more info.
24/10/2023 - Check out my other products. Starting to roll out some EAs & indicators based on this range.

Currently there is no MT5 version. I am using MT4 myself.
So I will spend my time mostly to develop more extensive stats for the Stats version and maybe even an EA. But I might develop a MT5 version.
All depends on the demand. Meaning, the more people request it, the bigger the chance I will develop one.

Find the stats version here: https://www.mql5.com/en/market/product/91788

You can change the colors of the IDR, IDR lines, DR lines and the 50% line as you like.
The default timings are based on IC Markets. Change the timings accordingly to your own broker.
This indicator also works with Soft4fx forex simulator. If you don't have Soft4fx yet, feel free to ask for my referral link.

For the Soft4fx warriors out there: make sure you set "Number of days" high enough to cover the days you want to test. For example, you start the simulation from Jan 2022 till Nov 2022 then you need to change 50 to 11*30=330. Then you should be good to go.

From v1.1 and up: You can now display STD lines. Optionally with a button to toggle the lines. Can be a bit laggy. So be mindful of that.

Remember, it's not the strategy, it's you!

I don't know why, but the MQL5 market downloads the indicator into the Expert Advisor folder.

Please move it manually to your indicator folder.

more...

morzat1 2024.01.05 18:46 #

Great work, please create mt5.

Fx.bender 2023.05.06 00:27 #

Thank you for creating this for MT4! I'm interested in a MT5 version as well.

Edmanuk 2023.04.12 23:53 #

Excellent Indicator. Would love an option to display the zones with "line Border" That will help with a cleaner chart. Thanks again for the great work!

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up-down indicator is no repaint and works all pairs and lower than weekly time frames charts. it is suitable also 1 m charts for all pairs. and hold long way to signal. dont gives too many signals. when red histogram cross trigger line that is up signal.and price probably will down when blue histogram cross trigger line that is down signal.and price probably will go up. when the signals not seen press + button on terminal . too see weekly chart because of low data on chart ,it needs to lower p

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buy sell star indicator has a different algoritms then up down v6 and buy sell histogram indicators. so that i put this a another indicator on market. it is no repaint and all pairs and all time frame indicator. it need minimum 500 bars on charts. when the white x sign on the red histogram that is sell signals. when the white x sign on the blue histogram that is sell signals. this indicator does not guarantie the win.price can make mowement on direction opposite the signals. this is multi tim

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Based on the free DR/IDR indicator but with basic stats. Has the feature to export the daily data to a HTML file. So you can check the daily DRs yourself. Be mindful that the stats can vary from different broker feeds. So make sure your MT4 has enough data. Scroll back in your MT4 and check for any gaps in the feed. Sometimes you will have to scroll back to update the stats. Feel free to contact me for questions related to the purchase, installation and use of the Indicator.

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Filter:

morzat1 2024.01.05 18:46 #

Great work, please create mt5.

Kathleen Spradlin 2023.06.22 11:02 #

This is fantastic. Easily integrated/downloaded for laptop. No record of "purchase" or obvs download option on Android mobile...is that a support question?

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Reply from developer Chi Chun Ho 2023.06.23 10:28 #

Glad you like it :)
This indicator is only the desktop MT4

Fx.bender 2023.05.06 00:27 #

Thank you for creating this for MT4! I'm interested in a MT5 version as well.

Edmanuk 2023.04.12 23:53 #

Excellent Indicator. Would love an option to display the zones with "line Border" That will help with a cleaner chart. Thanks again for the great work!

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Reply from developer Chi Chun Ho 2023.05.03 11:29 #

Nice suggestion! Will think about when I update this indicator. Currently busy with the stats version.

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Mars Montero 2023.03.21 22:03 #

Amazing work! Thank you

LucBrice 2023.01.29 22:08 #

It works at the beginning but after i can make it work now ... how to fix the problem ?

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Reply from developer Chi Chun Ho 2023.01.29 22:50 #

Explain your problem please

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renetrader07 2023.01.19 07:35 #

Great work! Thank you very much!

sergeiua777 2023.01.13 18:33 #

Great!

Luciano Da 2023.01.11 08:35 #

Works good! will check soft4fx also!

N.Maragno 2023.01.05 22:07 #

Simply amazing!!! Thanks for your time and effort to code this beauty!!!

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Julian Josef Budziszewski 2022.12.31 11:04 #

This Indicator is a stroke of brilliance, very well done, and thank you so much for sharing. May I wish you many many Pips in your trading. Happy New Year I will be using this on all the indices, and so far it looks great!!!

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Reply from developer Chi Chun Ho 2022.12.31 11:15 #

Thank you for the kind words. I really appreciate that. 2023 will be good!

G1235 2022.12.30 20:49 #

Very nice indicator 👍

trinityMax 2022.12.28 21:12 #

Perfect. Thank you.

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Chih Wen Yang 2022.12.27 23:55 #

Thank you mate

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Reply from developer Chi Chun Ho 2022.12.28 10:31 #

You are welcome!

naturaltrader 2022.12.27 15:49 #

Beautiful indicator! Thank you so much for getting right back to me regarding the fix for Soft4x. Great programmer!

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Reply from developer Chi Chun Ho 2022.12.27 16:57 #

Thank you for letting me know. It wasn't just an issue for Soft4fx

hp.urxlnc 2022.12.27 15:07 #

Thank you so much for the Indicator it works really well i the MT4. I had a request can you please share the MQ4 file as it is required to practice in Forex Tester 5 i will be very very grateful

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Reply from developer Chi Chun Ho 2022.12.27 15:18 #

Even though you can use this indicator for free, I will not share the MQ4 file.

Winileh 2022.12.26 13:20 #

Works very well

johnhugh501 2022.12.21 20:38 #

Works perfectly

194

Mieczyslaw Kraszewski 2022.12.18 13:37 #

Great MT4 Indicator - working smoothly with MT4 and Soft4FX Thanks a lot for your good work

wizzyfluffy 2022.12.15 14:34 #

Beautiful ! Working perfectly, shout out for dev <

3031

Reply from developer Chi Chun Ho 2022.12.21 20:51 #

Thank you! 🙏

1 2

Version 1.11 2022.12.27

Fixed: Only drawing DR of 1 week max

Version 1.1 2022.12.23

Added: STD lines. Use "End of STD line" to adjust the width of the STD lines.
Added: Extend RDR STD lines
Added: Optional button to toggle STD lines