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.

Recensioni 8
Rafal Krzysztof Manuszewski
2387
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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Market Structure Order Block Dashboard MT5 è un indicatore MT5 progettato per i trader che vogliono leggere la struttura di mercato e le principali zone di reazione del prezzo direttamente sul grafico. Combina BOS, ChoCH, Order Blocks, Fair Value Gaps (FVG), Liquidità, Kill Zones, Volume Profile e un pannello compatto per un'analisi rapida. Questo indicatore è rivolto ai trader che utilizzano la struttura di mercato, i concetti ICT e Smart Money come quadro decisionale. Può aiutare a individuare
Berma Bands
Muhammad Elbermawi
5 (8)
L'indicatore Berma Bands (BBs) è uno strumento prezioso per i trader che cercano di identificare e capitalizzare i trend di mercato. Analizzando la relazione tra il prezzo e le BBs, i trader possono discernere se un mercato è in una fase di trend o di range. Visita il [ Berma Home Blog ] per saperne di più. Le Berma Bands sono composte da tre linee distinte: la Upper Berma Band, la Middle Berma Band e la Lower Berma Band. Queste linee sono tracciate attorno al prezzo, creando una rappresentazion
ARICoins
Temirlan Kdyrkhan
ARICoin is a powerful trading companion designed to generate high-probability entry signals with dynamic TP/SL/DP levels based on volatility. Built-in performance tracking shows win/loss stats, PP1/PP2 hits, and success rates all updated live. Key Features: Buy/Sell signals with adaptive volatility bands Real-time TP/SL/DP levels based on ATR Built-in MA Filter with optional ATR/StdDev volatility Performance stats panel (Success, Profit/Loss, PP1/PP2) Alerts via popup, sound, push, or email Cust
Crystal Heikin Ashi Signals
Muhammad Jawad Shabir
5 (2)
Crystal Heikin Ashi Signals - Professional Trend & Signal Detection Indicator Advanced Heikin Ashi Visualization with Intelligent Signal System for Manual & Automated Trading Final Price: $149 ---------> Price goes up $10 after every 10 sales . Limited slots available — act fast . Overview Crystal Heikin Ashi Signals is a professional-grade MetaTrader 5 indicator that combines pure Heikin Ashi candle visualization with an advanced momentum-shift detection system. Designed for both manual traders
Gartley Hunter Multi
Siarhei Vashchylka
5 (11)
Gartley Hunter Multi - An indicator for searching for harmonic patterns simultaneously on dozens of trading instruments and on all possible timeframes. Manual (Be sure to read before purchasing) | Version for MT4 Advantages 1. Patterns: Gartley, Butterfly, Shark, Crab. Bat, Alternate Bat, Deep Crab, Cypher 2. Simultaneous search for patterns on dozens of trading instruments and on all possible timeframes 3. Search for patterns of all possible sizes. From the smallest to the largest 4. All fou
FX Levels MT5
Daniel Stein
5 (13)
FX Levels: Supporti e Resistenze di Precisione Eccezionale per Tutti i Mercati Panoramica Rapida Cercate un modo affidabile per individuare livelli di supporto e resistenza in ogni mercato—coppie di valute, indici, azioni o materie prime? FX Levels fonde il metodo tradizionale “Lighthouse” con un approccio dinamico all’avanguardia, offrendo una precisione quasi universale. Basato sulla nostra esperienza reale con i broker e su aggiornamenti automatici giornalieri più quelli in tempo reale, FX
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Smart Range Breakout EA
Botond Doczy Rossler
1 (1)
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)
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
2387
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 
 

L'utente non ha lasciato alcun commento sulla valutazione.

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 
 

L'utente non ha lasciato alcun commento sulla valutazione.

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 
 

L'utente non ha lasciato alcun commento sulla valutazione.

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