DR IDR Range Indicator

3

The DR IDR Range Indicator plots ADR, ODR and RDR ranges for a given amount of days in the past. A key feature that appears is that it calculates the success rate of the ranges for the shown days. This indicator is perfect for backtest since it shows ranges for all of the calculated days, not just the most recent sessions.

PRO VERSION
https://www.mql5.com/en/market/product/93360

Remember: this free version counts neutral days as true days, so stats might be slightly inflated. To get perfect and expanded statistics, take a look at the PRO version.


In the PRO version you can now:

  • use fully customizable advanced statistics to base your trades on
  • get an edge via calculating statistics on up to 3 different day periods all set by you
  • ability to generate more realistic stats by excluding neutral days
  • show visually integrated median retracement levels directly on the chart, which are all calculated based on chart data
  • Also in future versions you should expect the following: median extension, retirement setup success rate and more. Requests are welcome.

A session is registered as false when it confirms to the upside/downside and there is a candle closure below/above the opposite DR level.

To better understand the strategy used with this indicator, please refer to the Mas7er on Youtube or Discord. 

Note:

  • The strategy can calculate on the maximum amount of 5 minute candles on the chart. On my broker it's around 1500 days on a major pair like USDJPY.
  • The experts tab will show you the upside/downside confirmations and false sessions with the session number included. Session 0 is the current day. (Example: upside confirmed RDR 0).
  • If you get NaN% or 100% on your stats, try reloading via switching timeframes.

This product is still in beta. Any suggestions or observations are welcome.

Please give a review if you like the product! Thanks.


DISCLAIMER: I am not a financial advisor and this is not financial advice. Past results can't guarantee future profits. I cannot and won't be responsible for any losses you incur. Use this EA with proper risk management.

Reviews 8
Rafal Krzysztof Manuszewski
2393
Rafal Krzysztof Manuszewski 2024.10.08 18:42 
 

ok

Nicopaul
14
Nicopaul 2023.09.28 11:37 
 

Only been using for a week now and it has really helped with my trading

MetaStalker
16
MetaStalker 2024.04.15 22:50 
 

Полезный индикатор только плохо что при переключении с таймфрейма на таймфрейм удаляет с графика все рисунки, уровни, метки

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RelicusRoad Pro: Quantitative Market Operating System 70% OFF LIFETIME ACCESS (LIMITED TIME) - JOIN 2,000+ TRADERS Why do most traders fail even with "perfect" indicators? Because they trade Single Concepts in a vacuum. A signal without context is a gamble. To win consistently, you need CONFLUENCE . RelicusRoad Pro is not a simple arrow indicator. It is a complete Quantitative Market Ecosystem . It maps the "Fair Value Road" price travels on, distinguishing between random noise and true structur
Smart Structure Concepts MT5
Cristhian Alexander Gaibor Cuasquer
Indicators
Smart Structure Concepts is an educational SMC indicator for MetaTrader 5 that automatically detects and marks market structure in real time. The indicator includes on-chart educational tooltips in seven languages that explain what every signal means while you trade. AFTER PURCHASE FREE BONUS Contact me by private message on MQL5 right after the purchase to receive a complete Smart Money Concepts Educational Guide in PDF format, preconfigured set files for XAUUSD, major Forex pairs and indice
Blahtech Supply Demand MT5
Blahtech Limited
4.54 (13)
Indicators
Was: $299  Now: $99  Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings a
Btmm state engine pro
Garry James Goodchild
5 (4)
Indicators
BTMM State Engine Pro is a MetaTrader 5 indicator for traders who use the Beat The Market Maker approach: Asian session context, kill zone timing, level progression, peak formation detection, and a multi-pair scanner from a single chart. It combines cycle state logic with a built-in scanner dashboard so you do not need the same tool on many charts at once. What it does Draws the Asian session range; session times can follow broker server offset or be set in inputs. Tracks level progression (L
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Smart Range Breakout EA
Botond Doczy Rossler
1 (1)
Experts
Smart Range Breakout EA is a fully automated time range breakout strategy, which uses calculated trailing stop-loss to trade high volume moves on the market. The strategy comes with not overly optimized default settings, however it can be experimented with. This expert advisor does not use any martingale, grid or similar techniques, therefore there are no spikes in the relative equity drawdown. LIVE PERFORMANCE : https://www.mql5.com/en/signals/1823580 The strategy works best on USDJPY  and EURU
DR IDR Range Indicator PRO
Botond Doczy Rossler
5 (2)
Indicators
The   DR IDR Range Indicator PRO  plots ADR, ODR and RDR ranges for a given amount of days in the past. A key feature that appears is that it calculates the success rate of the ranges for the shown days. This indicator is perfect for backtest since it shows ranges for all of the calculated days, not just the most recent sessions. In the PRO version you can now: use fully customizable advanced statistics to base your trades on get an edge via calculating statistics on up to 3 different day period
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Rafal Krzysztof Manuszewski
2393
Rafal Krzysztof Manuszewski 2024.10.08 18:42 
 

ok

Jeyhun
34
Jeyhun 2024.09.08 17:35 
 

It doesn't work... ADR, ODR, and RDR, next day they stay same... no new ADR, ODR, RDR.. Everything freeze

MetaStalker
16
MetaStalker 2024.04.15 22:50 
 

Полезный индикатор только плохо что при переключении с таймфрейма на таймфрейм удаляет с графика все рисунки, уровни, метки

walter202
14
walter202 2023.11.02 20:16 
 

User didn't leave any comment to the rating

sinh927
117
sinh927 2023.10.16 04:46 
 

This indicator does not work. If this indicator is removed, the object will remain.

Peter Scott
260
Peter Scott 2023.10.07 06:46 
 

User didn't leave any comment to the rating

Nicopaul
14
Nicopaul 2023.09.28 11:37 
 

Only been using for a week now and it has really helped with my trading

csators
29
csators 2023.01.18 13:10 
 

User didn't leave any comment to the rating

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