Daily Average Retracement Dashboard PRO

Daily Average - Retracement Dashboard is an indicator that allows you to monitor more than one currency pairs at one time. This indicator is mainly for strategy that trade price retracement based on Resistance3/4 or Support 3/4.

After apply this indicator to the chart window, it will hide the chart and display the currency pairs in a table form. There are several data shown on the table that will help trader know when to analyze the currency and do trade using retracement.

The indicator will show 28 major currency pairs.


How to install

  1. Open an empty chart. E.g. EURUSD
  2. Click "Show all" in the "Market watch"
  3. Drop the indicator onto the chart and click OK


Input parameters

N/A


Signal to trade retracement using this indicator

  1. Today range >= Daily average (Currency label in the indicator will show GREEN color if this condition meets)
  2. Price hit Daily average resistance/Daily average support
  3. Price hit Resistance3/4 or Support3/4 (Resistance status/Support status will indicate if price hit)

If all 3 condition above hit, the quickest way to navigate to your chart is click on the Currency label in the table. New chart window with M5 timeframe will be open. Use M5 Stochastic or RSI and Candle stick pattern to find your entry point.

Remember you are looking for retracement.


Data shown in the table

**NOTE: The values are calculated based on 5-digits system. Points show in the indicator will be pipette.**

  1. Buy Trend Potential Profit: This value will show how far is the current price to today's high.
  2. Sell Trend Potential Profit: This value will show how far is the current price to today's low.
  3. Resistance Status: This value will indicate if the price have touched R1/R2/R3/R4. E.g. Touched - R3
  4. Resistance 4: This value will show today's Resistance 4. It is calculated based on Fibo 1.618.
  5. Resistance 3: This value will show today's Resistance 3. It is calculated based on Fibo 1.000.
  6. Support 3: This value will show today's Support 3. It is calculated based on Fibo 1.000.
  7. Support 4: This value will show today's Support 4. It is calculated based on Fibo 1.618.
  8. Support Status: This value will indicate if the price have touched S1/S2/S3/S4. E.g. Touched - S4
  9. Today Range: This value will show how much pips has been moved today.
  10. Daily Average: This value will show today's average pips movement. It is calculated based on past 30 days high low difference and average calculation has been done to get this value.
  11. Daily Average Resistance: This value will show today's average resistance price.
  12. Daily Average Support: This value will show today's average support price.
  13. Bid Price: This value will show current bid price.
  14. Ask Price: This value will show current ask price.


Button on the indicator

Daily average value will be calculated by different formula (30 days history)
  1. HL: Difference of High and Low
  2. HL-ATR: Max number between [High - Low], [fabs(Previous Close - Current high)], [fabs(Previous Close - Current low)]
  3. ATR: Average true range
  4. SMA: Simple moving average
  5. SMMA: Smoothed moving average
  6. LWMA: Linear weighted moving average


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Georgios Kalomoiropoulos
Quant Direction é uma ferramenta de análise de mercado tridimensional. Ela oferece uma análise de mercado totalmente objetiva, baseada em algoritmos, que calcula simultaneamente desvios percentuais precisos em diversos parâmetros. Desenvolvido com ferramentas avançadas de modelagem com inteligência artificial e rigorosamente testado, o algoritmo foi projetado para interpretar o mercado com precisão sem precedentes. Você pode analisar qualquer par de moedas ou instrumento financeiro em sua plataf
Algo Trading Indicaor  With this indicator , you’ll have zones and trends that hight probability the price will reverse from it. so will gives you all the help that you need  MT5 Version                    https://www.mql5.com/en/market/product/170028 MT4 Version                    https://www.mql5.com/en/market/product/88034 Why should you join us !?  1-This indicator is logical since it’s working in previous days movement , to predict the future movements. 2-Algo trading indicator will hel
Introduction to Fractal Pattern Scanner Fractal Indicator refers to the technical indicator that makes use of the fractal geometry found in the financial market. Fractal Pattern Scanner is the advanced Fractal Indicator that brings the latest trading technology after the extensive research and development work in the fractal geometry in the financial market. The most important feature in Fractal Pattern Scanner is the ability to measure the turning point probability as well as the trend probabi
Supreme Commander
Ramon Sobrevals Arce
4.13 (8)
The indicator of the indicators. The Most Powerful Technique to Determine Forex Trend Strength in 2023. We have perfected Supreme Commander that it calculates an average of the selected indicators (up to 16) and the selected timeframe (all) with the result of a single trend that indicates the potential of buying and selling.  It includes the following indicators: Accelerator/Decelerator oscillator Average Directional Movement Index Awesome oscillator; Bulls and Bears  Commodity Channel Index; De
Congestioni
Stefano Frisetti
5 (1)
This indicator is very usefull to TRADE Trading Ranges and helps identify the following TREND. Every Trader knows that any market stay 80% of the time in trading ranges and only 20% of the time in TREND; this indicator has been built to help traders trade trading ranges. Now instead of waiting for the next TREND, You can SWING TRADE on trading ranges with this simple yet very effective indicator. TRADING with CONGESTIONI INDICATOR: The CONGESTIONI Indicator identify a new trading range and ale
Breakout Arrows Mt4
Michael Oko Oboh
5 (1)
Trend Breakout Arrows Indicator The Trend Breakout Arrows Indicator is a momentum-based signal tool designed to identify potential bullish and bearish breakout opportunities. It displays clear arrow signals directly on the price chart, helping traders quickly recognize possible trend changes and continuation setups. Up Arrow (Buy Signal) A magenta up arrow appears below a candle when bullish momentum begins to strengthen. This signal indicates that buying pressure may be overtaking selling press
Scientific trade
Aleksey Ivanov
5 (1)
An extremely convenient indicator that truly makes the process of making money on the exchange easy. It is based on the scientifically rigorous theory of the market developed by the author, the beginning of which is presented here .                The full algorithm of this indicator operation is presented in the article .               The indicator calculates the most probable price movement trajectory and displays it on the chart. Based on the predicted price movement trajectory
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Daily Average Retracement Dashboard is an indicator that allows you to monitor multiple currency pairs at one time. This indicator is mainly for strategies that trade price retracement based on Resistance 3/4 or Support 3/4. After applying this indicator to the chart window, it will hide the chart and display the currency pairs in a table form. There are several data shown on the table that will help trader know when to analyze the currency and do trade using retracement. The indicator will only
FREE
DAILY STATS PANEL is a small panel that shows some statistic of opened chart. For example: Fibonacci resistance and support, daily average moving points and today's moving range, etc. After applied this expert advisor to chart, a small panel will be shown on the right.  ** NOTE: This is not an algo trading expert advisor. ** Input parameters show_pivot - Whether or not to show pivot, resistance and support line on the chart. Pivot Color - R1-R4, Pivot and S1-S4 horizontal line colors. Statist
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