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MT5 Average Daily Range Board

Average Daily Range with factor target and more functions (ADR)


Hello traders,




The upgraded ADR dashboard now is also for MT5 much more better and more convenient for day trader, try it to experience the good things!





How to use Average Daily Range (ADR) Indicator?

ADR is just a simple indicator tool to help trader identify the daily average range of an instrument. So for example we have the pairs EURUSD and that pairs usually makes a peak and bottom during the trading day and the point from the bottom to the peak point of this trading trading day create a range for that day, in which the pairs usually moves within it for example 80 pips ( 800 points so counted with the fifth digit), and the distance from these two points from bottom to peak is measured in points; we have created that indicator based on the idea of the custom ATR indicator but we illustrate the products on a dashboard  with digits to see; furthermore we add the functions for taking periods in days as average to calculate and also the alert functions, which will send to trader a notice that the usually average daily range of that instrument has been triggered. The illustration on a dashboard and the calculation thereof help the day trader a quick idea how many pips the instruments still have the free space to move up/down for the trading day. 


ADR Settings

Symbols to put, each symbol must be separated with a comma;
Period: put number in day, 1= one day average calculate, 2= two days average calculate and so on...
Time frames: Hourly, Daily and Weekly, which will measure the range of hours counted from the current candle to the set periods, for example: chose hourly and put 5, means a range of 5 hours will be measured. So the same calculating for daily and weekly. Try it to experience.
Factor: That means a set average period of range can put addition target factor you prefer to; for example: average of daily range for EURUSD for 50 periods of day would be 100 pips, you put factor 1.5 then your target will be 150 pips to send alert.
Click on symbol: On the dashboard, just click on the Symbol, it will lead you to the chart of that symbol/open the chart window of that symbol. Just try it to experience.
Position settings: you can set the dashboard to the corner of the chart window you prefer to.
BG: select your own background color
Alerts: On/off


Alert and notification options

Show pop-up messages - Set "true" to receive pop-up notifications
Send an e-mail - Set "true" to receive a notification e-mail
Send mobile notifications - Set "true" to receive mobile notifications
Play an alert sound - Set "true" to receive an audible notification
 

Display on chart



Dashboard with

Symbols name
Average Range
Today has moved in XYZ points up to now


Happy Trading!

 Tradingscenes

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Tendencia del oro : se trata de un buen indicador técnico bursátil. El algoritmo del indicador analiza el movimiento del precio de un activo y refleja la volatilidad y las posibles zonas de entrada. Las mejores señales del indicador: - Para VENTA = histograma rojo + puntero rojo CORTO + flecha amarilla de señal en la misma dirección. - Para COMPRA = histograma azul + puntero azul LARGO + flecha de señal aqua en la misma dirección. Ventajas del indicador: 1. El indicador produce seña
Este panel descubre y muestra las zonas de   Oferta   y   Demanda   en el gráfico, tanto en modo scalping como a largo plazo, dependiendo de su estrategia de trading para los símbolos seleccionados. Además, el modo de escáner del tablero le ayuda a comprobar todos los símbolos deseados de un vistazo y no perder ninguna posición adecuada /   Versión MT4 Indicador gratuito:   Basic Supply Demand Características Le permite ver las oportunidades de negociación en   múltiples pares de divisa
The Price Action Finder Multi indicator is an indicator of entry points that searches for and displays Price Action system patterns on dozens of trading instruments and on all standard time frames: (m1, m5, m15, m30, H1, H4, D1, Wk, Mn). The indicator places the found patterns in a table at the bottom of the screen. By clicking on the pattern names in the table, you can move to the chart where this pattern is located. Manual (Be sure to read before purchasing) | Version for MT4 Advantages 1. Pa
Gold ATR MTF: este es un excelente indicador técnico de acciones. El algoritmo del indicador ATR (Average True Range) analiza el movimiento del precio del activo y refleja la volatilidad dibujando los niveles correspondientes en porcentajes específicos (%) del precio de apertura del período de tiempo especificado (D1). Los indicadores (rojo y/o azul D1 H4) de la dirección del movimiento del precio del símbolo y las señales de flecha son ayudas adicionales y esenciales para una negociación y/o e
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Swing & Price Action Trader ( SPA Trader)   How to trade with SPA Trader? SPA Trader is a very special tool for both Automatic  and Semi-Automatic trading . It works as an Indicator and Expert Advisor to trade fully automatic, if trader sets it to true and  by false setting , then it will trade when trader enter into the position via SPA Trader manually, but the money management and risk management functions remain automatically to manage the opened positions for trader... The SPA Trader is th
Average Daily Range with factor target and more functions (ADR) Hello traders, The upgraded ADR dashboard is much more better and more convenient for day trader, try it to experience the good things! How to use Average Daily Range (ADR) Indicator? ADR is just a simple indicator tool to help trader identify the daily average range of an instrument. So for example we have the pairs EURUSD and that pairs usually makes a peak and bottom during the trading day and the point from the bottom to
Tradingscenes Trading Panel     How will Trading Panel work ? Trading Panel is created as an Expert Advisor, which will enable traders to set pending orders, or mass pending orders in different types Limit orders with additional functions for taking profit as partial, trailing stop and also taking profit with differences price levels; let’s explain in every single functions for you as following parts: Read the full description here:   https://drive.google.com/file/d/10O10dBLLUcdT3MdPvKqO7L3CIF
The idea of this trading system from the EMA with a Mediante price from the EMA indicators is based exactly 100% from Ripster47 trading system, me is just the person to create it on the MT5 platform, but with alerts for your own buy/sell settings.  Hereby I make a copy from Ripster47 explanation for using that system: " EMA  Cloud By Ripster EMA  Cloud System is a Trading System Invented by Ripster where areas are shaded between two desired EMAs. The concept implies the  EMA  cloud area
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Versión 1.3 2022.07.02
Upgraded the periods settings.
Versión 1.1 2022.07.02
Upgraded new version for periods!