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ADR ST Patterns

ADR ST patterns is a modification of the classical ADR indicator. This simple indicator corresponds to the parameters specified in the ST patterns Strategy (https://stpatterns.com/). Structural Target patterns are the market itself, which is consistently divided into components. For the formation of ST patterns, no trend lines, geometric proportions of the model itself, trading volume, or open market interest are needed. They are easily recognized and built only on the basis of breaking through the fractal levels and the distance to the Target. ST patterns remove from the market the uncertainty inherent in the previously known graphic compositions and simplify the work of the trader.

The indicator calculates the average daily range of completed trading days and divides this value by a given amount. The result is displayed as a graph in a separate window. It is possible to use the indicator on various time schedules.

This simple indicator corresponds to the parameters specified in the ST patterns Strategy.


Inputs

  • ADR Period - number of days used to calculate the average;
  • Divider - divisor, to which the ADR is divided.

You can set the color and size of the chart in the Colors tab.

Comentários 5
AleX0077
44
AleX0077 2017.11.15 13:23 
 

Many thanks! Great strategy!

Juan Gallego
192
Juan Gallego 2020.05.28 22:39 
 

Good strategy and the indicator works well

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Angle Regression Line MT4
Vladimir Gotsulenko
The indicator allows determining the strength and direction of the trend precisely. The histogram displayed in a separate window shows changes of the slope of the regression line. A signal for entering a deal is crossing the zero line and/or a divergence. The indicator is also useful for wave analysis. Input Parameters: Period - period of calculation, 10 on default; Angle threshold - slope at which a flat is displayed, 6.0 on default (within the range from -6.0 to 6.0); Filter by volume - volume
10 USD
Filtro:
AleX0077
44
AleX0077 2017.11.15 13:23 
 

Many thanks! Great strategy!

[Excluído] 2018.11.17 12:43 
 

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Juan Gallego
192
Juan Gallego 2020.05.28 22:39 
 

Good strategy and the indicator works well

[Excluído] 2020.06.22 11:01 
 

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[Excluído] 2020.08.15 12:52 
 

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