Hi

Excellent board.

Although I so wish that there is option which would let me adjust the position of the ADR Board on the chart.

Thank you, and we are glad that it can support you a little in your trading activities. 

Happy trading!

Excellent indicator.

If you can add another column for factor calculation, then it will enhance its utility.

Example:

Symbo:

Eur USD

ADR 10 days is 80.

Today it's 100. 

My target: 120 (Add this colum)

(factor is 1.5 of ADR) - Provide this parameter for input by the user. 

If you can change it to Weekly Average Range then it will be quite useful for trading at extremes.

Thank you.

hello optionshk,

thanks for your suggestion. We will consider about the weekly average parameter  to add on, it is good idea. About the idea for adding factor, it is also great, let's us think about to do the best. 

Hello users,

Anyone of you by using the ADR dash board,and find that if more options added will ease your daily trading activities, then feel free to let your ideas and comments below, we will gather them all together and design the next version of ADR. 

Thank you!

It would be great if you could add an "open Chart" button right next to the symbols on the board that when it is pressed, the chart for that instrument would open up in another chart with a "pre-determined" template. This way, you could quickly navigate in between the chart of the instruments that reach a specific ADR value. 

Another suggestion that I have is that It would be great if the Alert feature would also indicate the Low of the range and the high of the range with their corresponding values in addition to the symbol, let's say for instance the 5-ADR of GBP/JPY is 150 pips, so once the 5-ADR is reached, the alert would say The range is broken up/down and the low of the range was xxx.xxx and the high of the range was hhh.hhh. 

Greetings

I Love this indicator and have shared it already with other trading friends. Can you Please add the 4 Hour now Please? I trade the extreme levels of the 1 Hour but around 4 Consecutive 1 Hour Candles in the same direction to prepare for a reversal and just realized just having set to just 1 candle stick is not working for my strategy entirely but if i could plot the 4 Hour then this would be heaven on earth for my strategy right now.....I am surprised you didn't have the 4 hour candle stick included already? Thanks again for this great Creation overall. I assume most people love using the Daily candle alerts in which i use as well. 

Hi Lionel,

Thanks for your feedback!

If you are trading with H4 time frame, so 4 hours chart, then pls choose hourly and put the number of periods you prefer to. For example: your strategy is with 3 H4 candles for the extrem level to measure, then put the digit 12 at the periods, then the ADR will measure 12 H1 candles=3 H4 candles.

Hope it helps you a bit.

Cheers!

Minh

Thanks for your quick response.......Ok just so im clear......I always thought people have said for example.........if your on the 1 hour timeframe and set the period to 14.......its going to give you the "average pip range" from calculating the high's and low''s from all of the candlesticks from the entire 14 days. So i was thinking since my strategy is only waiting for 4 consecutive "1 hour candlesticks" to go short before i prepare to buy for a reversal then if i could use this indicator if it displayed an extreme 4 hour candle stick......

So forgive me for not understanding........so when you say put the period digit to 12.....i thought period was 12 days?....... what does period actually mean then? Thanks

Thanks for your reply

I have added pictures to pinpoint exactly what i see.

The attachment fact.png is the settings i have in your indicator on the 1 hour, period 10 and factor 2.618

The attachment Screenshot .jpg is my mobile push notification showing gbpaud at the bottom 

The attachment this.jp shows my chart that shows the green arrow for that 1 hour candlestick big move

The attachment 313.jpg is my other chart on the 1 hour timeframe that shows exactly what i am looking for to get alerts when the 1 hour goes 4 1hour consecutive down before i plan to buy as a reversal going up 

Therefore thats why i was saying if you had the 4hour candlestick display i could set it to factor 2.618 or something similiar so it could give me 4 1hour consecutive candles 

So as we see that I chose hourly, periods for 10 = 10 hours, it will count from the closed candle and backward for the next 9 hourly candles, and within these 10 hourly candles, the extrem highs and lows thereof will be measured and provide us the the Pips range on the dashboard the range . But it measures each high-low of every hourly candle and take the average thereof, so that we have the ADR.

Hope that helps you further.

Cheers!

Minh

Are please able to add the 4 Hour ?... My other trader friend and i went thru 5 pairs and set the period to 10 on the daily and it is matching my other indicator that shows the average of the last 10 days and it is matching the same exact pip range.......therefore i pray from my last message with screenshots you can exactly see why i really just need to use the 4 Hour candlestick...... Please ... I really need this for my strategy because i love your interface already and the fact i get push notifications .. Thanks

I know your stating the periods are giving you the last 10 candlesticks but my other trader friend and i just tested it and its giving us the last 10 days instead of candlesticks......Please look at my screenshots because my only solution is using the 4 Hour candlestick.......Thanks

Then you and your friend calculated wrongly. Pls just take my example in the pics and make a test with every product you prefer to calculate, then you will see it. Hourly option is for all TFs with hour, meant: 1H and 4H. But by the next upgrade we will add that 4H option, there is no problem for that.

Cheers!

Minh

 We use this indicator in the attachment that matches the same atr indicator that comes with metatrader 4 

We are going to use the atr now in metatrader 4 to test the 1 hour........I will reply back after

Thanks

 Ok

Please let me know when you add the 4 Hour.....Thank You so much

Sorry for the confusion........i have 5 trading friends.....some have been trading professionally for over 12 years and we all look at the adr and atr and all are use to knowing "periods" as days and not each individual candlestick so this is why when you say "period" as each candlestick we are confused......... and your "periods" are matching all of our atr "periods" 

I apologize again for the confusion....... the 4 Hour is definitely our solution ... Thanks Again