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IDNR4 and 7 28 Pairs Radar MT5

This indicator detects IDRN4 and IDNR7 two powerful patterns on 28 pairs on new daily bar.

IDNR4 is the acronym for "Inside Day Narrow Range 4" where "Inside Day" is a lower high and higher low than the previous bar and "Narrow Range 4" is a bar with the narrowest range out of the last 4 bars so "Narrow Range 7" out of the last 7 bars.

Hence, ID/NR4 and better ID/NR7 are an objective criterion for identifying days of decreased range and volatility.

Once we find an ID/NR4 or an ID/NR7 pattern, we aim to trade the breakout as volatility resumes.


Rules for long

  1. An inside bar with the smallest range out of the last 4 or 7 bars.
  2. Place buy stop order above the high of the bar.
  3. Wait for a breakout to trigger order.


Rules for short

  1. An inside bar with the smallest range out of the last 4 or 7 bars.
  2. Place sell stop order below the low of the bar.
  3. Wait for a breakout to trigger order.


Parameters settings

  • Pairs_Suffix: Pairs suffix as "micro" or "-ECN" etc
  • Alert_Notification: Alert when IDNR4 or IDNR7 is detected on one or multiple pairs.
  • Push_Notification: Push notification on mobile device when IDNR4 or IDNR7 is detected on one or multiple pairs.
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Indicadores
Introducing the South African Sniper indicator created by a small group of traders with a few years trading trading the financial market profitably . This is a plug and play indicator that provides you with  BUY and SELL (SNIPER ENTRY) signals with TARGET and trail stops. The indicator Works with all MT5 trading instruments. The indicator uses previous  chart data as receipt to speculate on future market moves.  "The South African Sniper indicator community are very happy with the indicator an
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Daniel Stein
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Indicadores
¿Quieres convertirte en un trader de 5 estrellas constantemente rentable? 1. Lee la descripción básica de nuestro sencillo trading sistema y y su mayor actualización de estrategia en 2020 2. Envíe una captura de pantalla de su compra para obtener su invitación personal a nuestro exclusivo chat de trading Tendencia Forex Muestra la dirección de la tendencia, la duración, la intensidad y la calificación de la tendencia resultante para todos los marcos temporales en tiempo real. De un solo vist
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Evgenii Aksenov
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Indicadores
El indicador Trend Line PRO es una estrategia comercial independiente. Muestra el cambio de tendencia, el punto de entrada a la transacción, así como calcula automáticamente tres niveles de Take Profit y la protección contra la pérdida de Stop Loss Trend Line PRO es perfecto para todos los símbolos de Meta Trader: monedas, metales, criptomonedas, acciones e índices Ventajas de Trend Line PRO: Nunca vuelve a dibujar sus señales Posibilidad de utilizar como estrategia independiente Tiene tres niv
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Siarhei Vashchylka
5 (4)
Indicadores
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5 (10)
Indicadores
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our customers. The first "The Basics"
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5 (3)
Indicadores
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Indicadores
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Francesco Petralla
3 (5)
Indicadores
Developed by Etienne Botes and Douglas Siepman, the Vortex Indicator consists of two oscillators that capture positive and negative trend movement. In creating this indicator, Botes and Seipman drew on the work of Welles Wilder and Viktor Schauberger, who is considered the father of implosion technology. Despite a rather involved formula, the indicator is quite straightforward to understand and easy to interpret. A bullish signal triggers when the positive trend indicator (VI+ green line) crosse
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Banks Day Levels
Francesco Petralla
Indicadores
This indicator calculates and draws bank levels from a minimum of three days to a maximum of ten days. It is very useful to trade the breakout or the pullback and when the price levels break the highest or lowest level, indicating an imminent explosion of volatility. Best use with Pips Average Range indicator. Parameters settings numbers_of_day - from 3 to 10 (better use on 10 days). levels_High_color - set color for High levels. levels_Low_color - set color for Low levels.
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1 (1)
Indicadores
This indicator compares the pips of the current day with the average of pips made in the previous three days. The "Percentage today range" is red if today's figure is less than the range of the previous three days, but turns green when the percentage exceeds 100%. When the range exceeds 100% there are good trading opportunities because we are in the presence of increased volatility of the past three days. Best use with Banks Day Levels indicator. Parameters settings corner (indicator display p
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Francesco Petralla
Indicadores
This indicator provides useful information for quantitative analysis. It compares the 28 pairs' pips of the current day with the average of pips made in the previous three days. When in the last three days the pips value is low and the value of today's pips is below, we are in the presence of a volatility compression that will explode soon. The "Range Today" is red if today's figure is less than the range of the previous three days, but turns green when the percentage exceeds 100%. When the rang
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Francesco Petralla
5 (1)
Indicadores
This indicator detects IDRN4 and IDNR7 two powerful patterns on 28 pairs on new daily bar. IDNR4 is the acronym for "Inside Day Narrow Range 4" where "Inside Day" is a lower high and higher low than the previous bar and "Narrow Range 4" is a bar with the narrowest range out of the last 4 bars so "Narrow Range 7" out of the last 7 bars. Hence, ID/NR4 and better ID/NR7 are an objective criterion for identifying days of decreased range and volatility. Once we find an ID/NR4 or an ID/NR7 pattern, we
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Francesco Petralla
4 (1)
Indicadores
This indicator detects Inside Bar Narrow Range 4 and Inside Bar Narrow Range 7 two powerful patterns on 28 pairs on all timeframes.  "Inside Bar Narrow Range 4"  is an inside bar with the narrowest range out of the last 4 bars so "Inside Bar Narrow Range 7" an inside bar with the narrowest range  out of the last 7 bars. Hence, IBNR4 and better IBNR7 are an objective criterion for identifying  decreased range and volatility. Once we find an IBNR4 or an IBNR7 pattern, we aim to trade the breakou
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Francesco Petralla
Indicadores
This powerful indicator intercepts 21 patterns simultaneously on 28 Pairs and on all timeframes. Just put the indicator on a single chart to see all patterns that appear on all pairs in all timeframes The patterns found are: For Bearish: Bearish Abandoned Baby; Bearish Engulfing; Bearish Harami; Bear Kicker; Dark Cloud Cover; Evening Doji Star; Evening Star; Shooting Star; Three Black Crows; Three Inside Down; Three Outside Down; For Bullish: Bullish Abandoned Baby; Bullish Engulfing; Bullish Ha
Inside Bar Narrow Range 4 and 7 CFDs on all TF
Francesco Petralla
Indicadores
This ALL IN ONE indicator detects Inside Bar Narrow Range 4 and Inside Bar Narrow Range 7 two powerful patterns on 17 CFD on all timeframes.  "Inside Bar Narrow Range 4"  is an inside bar with the narrowest range out of the last 4 bars so "Inside Bar Narrow Range 7" an inside bar with the narrowest range  out of the last 7 bars. Hence, IBNR4 and better IBNR7 are an objective criterion for identifying  decreased range and volatility. Once we find an IBNR4 or an IBNR7 pattern, we aim to trade th
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Versión 1.2 2017.07.06
Added "Pairs_Suffix" parameter to support pairs with suffix as "micro" or "-ECN" etc