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
2407
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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Currency Strength Wizard   is a very powerful indicator that provides you with all-in-one solution for successful trading. The indicator calculates the power of this or that forex pair using the data of all currencies on multiple time frames. This data is represented in a form of easy to use currency index and currency power lines which you can use to see the power of this or that currency. All you need is attach the indicator to the chart you want to trade and the indicator will show you real s
Smart Price Action Concepts MT5
Issam Kassas
4.22 (18)
Indicators
This product was   updated   for the   2026 market   and   optimized   for the   latest MT5 builds . PRICE UPDATEe NOTICE: Smart Price Action Concepts   is currently available for $200. The price will   increase to $299   after the next   30 purchases. SPECIAL OFFER:  After purchasing , send me a private message to claim FREE Bonus + Gift. First of all Its worth emphasizing here that this Trading Tool is Non Repainting , Non Redrawing and Non Lagging Indicator , Which makes it ideal for profe
Atbot
Zaha Feiz
4.69 (55)
Indicators
ATy Gold and BTC  Join my MQL5 channel to update the latest news from me.  My community of over 80,000 members on MQL5 ATbot : How It Works and How to Use It How It Works The "AtBot" indicator for the MT5 platform generates buy and sell signals using a combination of technical analysis tools. It integrates Simple Moving Average (SMA), Exponential Moving Average (EMA), and the Average True Range (ATR) index to identify trading opportunities. Additionally, it can utilize Heikin Ashi candles to en
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
Quantum TrendPulse
Bogdan Ion Puscasu
5 (25)
Indicators
Introducing Quantum TrendPulse , the ultimate trading tool that combines the power of SuperTrend , RSI , and Stochastic into one comprehensive indicator to maximize your trading potential. Designed for traders who seek precision and efficiency, this indicator helps you identify market trends, momentum shifts, and optimal entry and exit points with confidence. Key Features: SuperTrend Integration: Easily follow the prevailing market trend and ride the wave of profitability. RSI Precision: Detect
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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
2407
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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