MT5 version of this indicator at https://www.mql5.com/en/market/product/23339

Hi,

notifications only trigger if the indicator intercepts the IDNR4 or IDNR7 pattern or both when it opens the new daily candle. 

If the indicator continues to operate, notifications are only sent if timeframe changes because at each timeframe change the indicator, like all other MT4 indicators, reboots.

If you want, you can attach the indicator to the chart just before daily closing and intercept the signals, then you can stop it

IDNR4 and IDNR7 are daily patterns , it's acronym of INSIDE DAY NARROW RANGE 4 or 7

Regards

For today low 3 Day Range on EURUSD , CADCHF, CADJPY and NZDJPY confirmed by IDNR4 and IDNR7 pattern 

Salve, ho in aggiornamento al momento il GOLD, SILVER .

L'expert advisor l'ho già sviluppato ed è in fase di test.

Al momento va collegato sul grafico e funziona soltanto sul cross selezionato ma sto pensando di farlo interagire con tutti i 28 cross valutari come fa del resto l'indicatore.

Saluti 

devo avere tutti i cross aperti nel Market watch ? o posso nasconderli??

Hi,

Great Idea. How much is your win ratio and how often you see the trigger on both sides( Loss). And how you choose the target if i think the stop is on the opposite? Thank you

Hi andreas73,

I don't know win ratio but when IDNR 4 or 7 patterns are intercepted on multiple pairs, they announce an imminent volatility explosion on global market. Generally two currencies of these are the  strongest and the weakest. 

Yesterday it intercepted IDNR4 on GBPCAD and INDR7 on USDCHF and NZDUSD. In this situation we have two pairs versus USD and if you see yesterday daily chart on USDCHF and NZDUSD, you can see two IDNR7 Breakout. 

How to trade this pattern? It's simple.

1. Open a BUY Stop order on high of last daily bar with stop loss on low of the same candle;
2. Open a Sell Stop order on low of last daily bar with stop loss on high of the same candle

Hi Stallie,
it's very simple.

Attach the indicator on one chart you prefer.

If your broker pairs present a suffix as EURUSDmicro, write micro in "Pairs_Suffix" parameter and set if you want notification.
At new daily candle, if present,  it intercepts IDNR4 and IDNR7 patterns on all 28 pairs .

How to trade this patterns, visit post above.

Regards

Write k in Pairs_Suffix parameter

You can leave it blank only if your pairs are without suffix as EURUSD, AUDUSD etc. otherwise if your pairs have suffix, it's necessary to fill it only with suffix name. 

If your pairs have suffix and you leave the parameter blank, the indicator doesn't work.

Regards

Good Day

the indicator doesn`t work on one of my pc`s, it worked fine yesterday. but today it does not work at all. what can be the problem?

Hi Stallie can you send me a screenshot ?  Maybe there are no signals for today

this is from the desktop.

Why it doesn't work? I see many signals