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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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MTF ATR dell'oro: questo è un indicatore tecnico di titoli azionari. L'algoritmo dell'indicatore ATR (Average True Range) analizza il movimento del prezzo dell'asset e riflette la volatilità disegnando i livelli corrispondenti in percentuali specificate (%) del prezzo di apertura del periodo di tempo specificato (D1). Gli indicatori (rosso e/o blu D1 H4) della direzione del movimento del prezzo del simbolo e i segnali delle frecce sono aiuti aggiuntivi ed essenziali per un trading intraday como
Blahtech Supply Demand MT5
Blahtech Limited
4.54 (13)
Was: $299  Now: $99   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
Auto Order Block with break of structure based on ICT and Smart Money Concepts (SMC) Futures Break of Structure ( BoS )             Order block ( OB )            Higher time frame Order block / Point of Interest ( POI )    shown on current chart           Fair value Gap ( FVG ) / Imbalance   -  MTF      ( Multi Time Frame )    HH/LL/HL/LH  -  MTF      ( Multi Time Frame )  Choch  MTF      ( Multi Time Frame )  Volume Imbalance     ,  MTF          vIMB Gap’s Power of 3 Equal High
Questo cruscotto scopre e visualizza le zone di   domanda   e   offerta   sul grafico, sia in modalità scalping che a lungo termine, a seconda della vostra strategia di trading per i simboli selezionati. Inoltre, la modalità scanner del cruscotto vi aiuta a controllare tutti i simboli desiderati in un colpo d'occhio e a non perdere nessuna posizione adatta /   versione MT4 Indicatore gratuito:   Basic Supply Demand Caratteristiche Consente di visualizzare le opportunità di trading su pi
Altri dall’autore
The EMA Cloud
Minh Nguyen Nam
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
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
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Versione 1.3 2022.07.02
Upgraded the periods settings.
Versione 1.1 2022.07.02
Upgraded new version for periods!