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ADR indicator

  • #1
  • First Post: Dec 1, 2009 10:59pm Dec 1, 2009 10:59pm
Please where can i download ADR indicator to my mta4? Thanks!
  • #2
  • Dec 2, 2009 4:52am Dec 2, 2009 4:52am
MT4 was kind enough to provide a number of indicators including ATR with the trading station. Click on the add indicator icon, and then Oscillators and then Average True Range.
  • #3
  • Dec 2, 2009 5:44am Dec 2, 2009 5:44am
Quoting Dike
Please where can i download ADR indicator to my mta4? Thanks!
ADR = Average Daily Range?
Attached File(s)
File Type: mq4 Avg Daily Range.mq4   2 KB | 11,517 downloads
/ ... clarifying decisions ... /
  • #4
  • Jan 7, 2010 10:23pm Jan 7, 2010 10:23pm
great indicator built by Hanover,
here http://www.forexfactory.com/showpost...2&postcount=25

its very simple but valuable.............caution taking trades against an exhausted Av.Day.Rng
Attached Image (click to enlarge)
Click to Enlarge Name: 080110.gif Size: 118 KB
  • #5
  • Jan 8, 2010 4:33am Jan 8, 2010 4:33am
Quoting PeterE
great indicator built by Hanover,
here http://www.forexfactory.com/showpost...2&postcount=25

its very simple but valuable.............caution taking trades against an exhausted Av.Day.Rng

This is exactly what i was looking for.
  • #6
  • Jan 9, 2010 12:32am Jan 9, 2010 12:32am
Quoting Dike
Please where can i download ADR indicator to my mta4? Thanks!
here's a nice one ... (the default colors are different than these, but easily changed) ... it changes to "ADR REACHED" when appropriate ... and the calculations are based on actual trading days only (skip weekends)
Attached Image
Attached File(s)
File Type: ex4 ADR_no_sunday_bar.v1.ex4   6 KB | 6,962 downloads
  • #7
  • Sep 14, 2012 7:34pm Sep 14, 2012 7:34pm
That is the best one I have come across at this point as is least invasive and simple. My ultimate one would have support/resistance lines placed on chart as well but I guess you can just draw them in start of day
  • #8
  • Sep 14, 2012 9:25pm Sep 14, 2012 9:25pm
you may want to try this one

http://www.forexfactory.com/showthre...46#post5257846

Cheers
  • #9
  • Jul 24, 2015 7:33am Jul 24, 2015 7:33am
Hi,

I am trading using Oanda's FXTrade. (demo account for the moment, still learning). Is there any possible way to get ADR for some currencies for this year inside Oanda's platform?

Or are the any resources from where I can obtain those statistics?

Thanks a lot!
Ioan
  • #10
  • Jan 21, 2016 3:31am Jan 21, 2016 3:31am
Quoting tbardolph
{quote} here's a nice one ... (the default colors are different than these, but easily changed) ... it changes to "ADR REACHED" when appropriate ... and the calculations are based on actual trading days only (skip weekends) {image} {file}
Is it possible to change the number of days to 10 instead of 20?
  • #11
  • Jan 21, 2016 6:14am Jan 21, 2016 6:14am
Quoting Mcken
{quote} Is it possible to change the number of days to 10 instead of 20?

Here is one of the best ones I think....

Attached File(s)
File Type: ex4 Average Range-Multi .ex4   19 KB | 4,942 downloads


I hope you like it.

Good luck
  • #12
  • Feb 17, 2017 10:19am Feb 17, 2017 10:19am
what it means ... adr reached ..coming .. so what to do.. buy or sell
Attached Image
Success is a Journey Not a Destination....... kind regards ramzam
  • #13
  • Feb 17, 2017 9:16pm Feb 17, 2017 9:16pm
Quoting ramzam
what it means ... adr reached ..coming .. so what to do.. buy or sell {image}
LOL!!! Dance!!!!
  • #14
  • Feb 18, 2017 3:27am Feb 18, 2017 3:27am
Quoting EvgenRus
{quote} LOL!!! Dance!!!!
lol......... please yar... need kind advice
Success is a Journey Not a Destination....... kind regards ramzam
  • #15
  • Feb 20, 2017 1:00am Feb 20, 2017 1:00am
Quoting ramzam
what it means ... adr reached ..coming .. so what to do.. buy or sell {image}
After ADR reaches market is likely to chop or retrace. Thats the way i use it.
And this one attached is better as it plots as a range on chart.
Attached File(s)
File Type: ex4 !SM_ADR_Marker.ex4   12 KB | 3,699 downloads
Sleep is for the weak
  • #16
  • Edited 3:07am Feb 7, 2019 1:49am | Edited 3:07am
you can check "Average Daily Range SR" from mql5
Attached Image (click to enlarge)
Click to Enlarge Name: CADCHFDaily edited.png Size: 23 KB
  • #17
  • Edited 12:55pm Mar 14, 2021 11:30am | Edited 12:55pm
Attached File(s)
File Type: ex4 PlSoft_ADR.ex4   68 KB | 1,135 downloads

Attached Image (click to enlarge)
Click to Enlarge Name: Cattura_02.PNG Size: 56 KB

Hi I share my work. This ADR indicator plots two Fibonacci levels from the daily opening. I hope it can help your trading like me.
  • #18
  • Oct 4, 2021 12:24pm Oct 4, 2021 12:24pm
Quoting PeterE
great indicator built by Hanover, here http://www.forexfactory.com/showpost...2&postcount=25 its very simple but valuable.............caution taking trades against an exhausted Av.Day.Rng {image}

Hi Peter, How can we know which is the exhaustion direction not to operate against?
  • #19
  • Aug 30, 2025 10:02am Aug 30, 2025 10:02am
Quoting PlSoft
{file} {image} Hi I share my work. This ADR indicator plots two Fibonacci levels from the daily opening. I hope it can help your trading like me.
Is it possible to add the change of start of day?
tnx
  • #20
  • Edited Aug 31, 2025 2:50am Aug 30, 2025 1:25pm | Edited Aug 31, 2025 2:50am
Quoting Parkinson
{quote} Is it possible to add the change of start of day? tnx
Why?

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