• Overview
  • Reviews (8)
  • Comments (14)
  • What's new

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.

Reviews 8
Rafal Krzysztof Manuszewski
2326
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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ATREND: How It Works and How to Use It How It Works The " ATREND " indicator for the MT5 platform is designed to provide traders with robust buy and sell signals by utilizing a combination of technical analysis methodologies. This indicator primarily leverages the Average True Range (ATR) for volatility measurement, alongside trend detection algorithms to identify potential market movements. Leave a massage after purchase and receive a special bonus gift. Key Features: ⦁ Dynamic Trend Detect
Smart Trend Trading System MT5
Issam Kassas
4.59 (37)
Indicators
First of all Its worth emphasizing here that this Trading System is Non-Repainting   , Non Redrawing and Non Lagging Indicator Which makes it ideal from both manual and robot trading .  Online course, manual and download presets. The Smart Trend Trading System MT5 is a comprehensive trading solution tailored for new and experienced traders . It combines over 10 premium indicators and features more than 7 robust trading strategies , making it a versatile choice for diverse market conditions . Tre
IX Power MT5
Daniel Stein
4.86 (7)
Indicators
IX Power: Unlock Market Insights for Indices, Commodities, Cryptos, and Forex Overview IX Power is a versatile tool designed to analyze the strength of indices, commodities, cryptocurrencies, and forex symbols. While FX Power offers the highest precision for forex pairs by leveraging all available currency pair data, IX Power focuses exclusively on the underlying symbol’s market data. This makes IX Power an excellent choice for non-forex markets and a reliable option for forex charts when deta
Trend Hunter MT5
Andrey Tatarinov
5 (2)
Indicators
Trend Hunter is a trend indicator for working in the Forex, cryptocurrency, and CFD markets. A special feature of the indicator is that it confidently follows the trend, without changing the signal when the price slightly pierces the trend line. The indicator is not repaint; a signal to enter the market appears after the bar closes. When moving along a trend, the indicator shows additional entry points in the direction of the trend. Based on these signals, you can trade with a small StopLoss. Tr
Blahtech Supply Demand MT5
Blahtech Limited
4.54 (13)
Indicators
Was: $299  Now: $149  Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings
Easy Buy Sell Signal Alert
Franck Martin
4.56 (9)
Indicators
Easy Buy Sell is a market indicator for opening and closing positions. It becomes easy to track market entries with alerts. It indicates trend reversal points when a price reaches extreme values ​​and the most favorable time to enter the market. it is as effective as a Fibonacci to find a level but it uses different tools such as an algorithm based on ATR indicators and Stochastic Oscillator. You can modify these two parameters as you wish to adapt the settings to the desired period. It cannot
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DR IDR Range Indicator PRO
Botond Doczy Rossler
5 (2)
Indicators
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
Smart Range Breakout EA
Botond Doczy Rossler
1 (1)
Experts
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
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Rafal Krzysztof Manuszewski
2326
Rafal Krzysztof Manuszewski 2024.10.08 18:42 
 

ok

Jeyhun
14
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 
 

User didn't leave any comment to the rating

sinh927
117
sinh927 2023.10.16 04:46 
 

This indicator does not work. If this indicator is removed, the object will remain.

Peter Scott
259
Peter Scott 2023.10.07 06:46 
 

User didn't leave any comment to the rating

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 
 

User didn't leave any comment to the rating

Reply to review
Version 1.2 2023.01.23
- max number of days is theoretically unlimited now - only limited by your broker
- number of days is shown on label
- stat is accurate even if you input a number higher than you broker's max candles
Version 1.1 2023.01.17
- increased stat accuracy