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Exit Area Economy MT5

The Exit Area Economy MT5 technical indicator designs for indicating daily Average True Range (ATR) and Average Daily Rate (ADR) levels on the chart. According to the indicated levels, can easily identify how much an asset moves, on average, over the day. The indicator has multiple uses for day traders. It aids in the placement of orders, has Intraday tendencies, can be used as a trailing stop loss and for setup daily take profit levels.


Features

  • Based on ATR and ADR indicators
  • Easy to identify Take Profit and Stop Loss levels
  • Indicate ATR,ADR levels and quickly calculate remaining pips
  • Suitable for every symbol
  • Each indicator levels Activate/ Deactivate function


Parameters

  • ATR Parameters
    • Show ATR - Enable/Disable ATR levels
  • ADR Parameters
    • Show ADR - Enable/Disable ADR levels
  • Common Filters
    • Multiplier - ATR/ADR Multiplier by [x]
  • Graphic Parameters
    • ATR Visual Customization
      • Resistance Line Color - ATR resistance line color
      • Support Line Color - ATR support line color
      • Line Style - ATR line style
      • Line Width - ATR line width
    • ADR Visual Customization
      • Resistance Line Color - ADR resistance line color
      • Support Line Color - ADR support line color
      • Line Style - ADR line style
      • Line Width - ADR line width


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