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Modifying an ADR indicator

  • #1
  • First Post: Edited 6:08pm Jan 10, 2012 4:30pm | Edited 6:08pm
Erebus posted this ADR indicator in one of my threads and I need to see if someone can make it with a few mods, but all he has is the ex4 file though. It calculates the ADR (14 days default) and draws the ADR high and low on the chart. At 00:00 GMT the indicator recalculates and redraws new ADR highs and lows for the current day. I want to have the indicator to leave the previous day's high/low ADR values on the charts being able to go back "X" number of days. Can anyone make up one from scratch or modify one the might already have?
Attached File(s)
File Type: ex4 !SM_ADR Marker.ex4   12 KB | 1,730 downloads
  • #2
  • Jan 11, 2012 3:35pm Jan 11, 2012 3:35pm
Does this look similar to what you want?

This one shows the ADR for each day (my broker is currently GMT-5, new trading day starts at 17:00). The ADR high/low lines "move" as new highs/lows are made throughout the day. This allows you to clearly see if and when the ADR is reached during each day.
Attached Image (click to enlarge)
Click to Enlarge Name: adr1.jpg Size: 73 KB
  • #3
  • Jan 11, 2012 6:40pm Jan 11, 2012 6:40pm
Quoting zznbrm
Does this look similar to what you want?

This one shows the ADR for each day (my broker is currently GMT-5, new trading day starts at 17:00). The ADR high/low lines "move" as new highs/lows are made throughout the day. This allows you to clearly see if and when the ADR is reached during each day.

Hi nnzbrm,

Your historical ADR chart looks good to me.
Can you post the code for this?
Very much appreciated.

Kind regards
ET
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #4
  • Jan 12, 2012 5:19pm Jan 12, 2012 5:19pm
Mer, your adr appears to be a modified version of the tz-pivot indicator of which there have been several, Anyway I do have one, so are you looking for the comments to indicate the previous data or are you looking for previous day lines on the chart. Then are you looking for several days showing or an option to move the lines to a day of your choosing..
  • #5
  • Jan 13, 2012 9:53am Jan 13, 2012 9:53am
could you post your indicator
thank you


Quoting zznbrm
Does this look similar to what you want?

This one shows the ADR for each day (my broker is currently GMT-5, new trading day starts at 17:00). The ADR high/low lines "move" as new highs/lows are made throughout the day. This allows you to clearly see if and when the ADR is reached during each day.
  • #6
  • Jan 14, 2012 12:22am Jan 14, 2012 12:22am
Quote
Does this look similar to what you want?

This one shows the ADR for each day (my broker is currently GMT-5, new trading day starts at 17:00). The ADR high/low lines "move" as new highs/lows are made throughout the day. This allows you to clearly see if and when the ADR is reached during each day.

The calculation period for this is just 24 hrs.? The indicator needs to plot the ADR high and low preferably using a 14 day average.

Quote
Mer, your adr appears to be a modified version of the tz-pivot indicator of which there have been several, Anyway I do have one, so are you looking for the comments to indicate the previous data or are you looking for previous day lines on the chart. Then are you looking for several days showing or an option to move the lines to a day of your choosing..

I'm looking for it to leave the previous day's ADR high/low lines on the chart so I can visually see how often the day's trading is reaching the ADR levels. It would be nice to have an input to be able to leave them on the chart going back "X" number of days.
  • #7
  • Jan 14, 2012 2:31am Jan 14, 2012 2:31am
Quoting mer071898
The calculation period for this is just 24 hrs.? The indicator needs to plot the ADR high and low preferably using a 14 day average.



I'm looking for it to leave the previous day's ADR high/low lines on the chart so I can visually see how often the day's trading is reaching the ADR levels. It would be nice to have an input to be able to leave them on the chart going back "X" number of days.
Hi Mer,

just to clarify some points before I start cracking on coding:
- what is the ADR start line?
to use the new day open level at GMT0000
or do you have a specifc formula for ADR start level?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #8
  • Jan 14, 2012 1:30pm Jan 14, 2012 1:30pm
No special formula, just have it starting at 00:00 GMT using a 14 day average as the default period.
  • #9
  • Jan 14, 2012 2:45pm Jan 14, 2012 2:45pm
Quoting toddanderson
could you post your indicator
thank you
Here you go. This is what I created for my broker (New York time zone, forex trading day starts at 17:00).

If your broker is in a different time zone and/or you want to use a different trading day starting time, then you should update the date/time code accordingly.
Attached File(s)
File Type: mq4 AdrHighLow2.mq4   9 KB | 3,149 downloads
  • #10
  • Jan 15, 2012 6:34pm Jan 15, 2012 6:34pm
Quoting zznbrm
Here you go. This is what I created for my broker (New York time zone, forex trading day starts at 17:00).

If your broker is in a different time zone and/or you want to use a different trading day starting time, then you should update the date/time code accordingly.

Hi,

Nice!

Can you add two calculations and provide for Weekly and Monthly?

Where Weekly is based on x number of Weekly Highs and Lows, Monthly is based on x number of Monthly Highs and Lows, along with displaying the Weekly High and Low, and Monthly High and Low.

Thanks!

BD
  • #11
  • Feb 9, 2012 1:31am Feb 9, 2012 1:31am
hello.
which settings I need whom I live in Germany.
I tarde 1 hour.
Is it also right that the lines change whom of the address was met by a candle?
thx
steve
  • #12
  • Edited Aug 14, 2012 5:41am Aug 13, 2012 10:38am | Edited Aug 14, 2012 5:41am
Hi,

Can someone help me with an email alert in the attached ADR indicator (send an email alert once ADR is hit). I have tried my best to make it but it sends many emails to me (I lack programming skills and I although I have searched for answers I have not found the key to make the necessary changes). Obviously the challenge is to send the email once only although at every change in the price results in a higher ADR today than the 5 days ADR.

Managed by myself. Since there is no other similar ADR indi, I attach it for others to use.
Attached File(s)
File Type: mq4 ADR 1.mq4   18 KB | 2,070 downloads
functionaltrader.com
  • #13
  • May 10, 2013 1:17pm May 10, 2013 1:17pm
Loved the ADR indicator, thanks so much.
  • #14
  • Jul 31, 2016 1:31pm Jul 31, 2016 1:31pm
The AdrHighLow2.mq4 indicator is not showing the daily ADR lines on my MT4 4.0 Build 988 platform. The time is Sunday, before the markets open.
Do you have a functional ADR indicator, showing the ADR lines for every day, not just the current/last day?
Attached Image (click to enlarge)
Click to Enlarge Name: c33fe2ec710e27359f96d37ace85114d.png Size: 40 KB
  • #15
  • Dec 14, 2017 10:42am Dec 14, 2017 10:42am
no one
Success is a Journey Not a Destination....... kind regards ramzam
  • #16
  • Jul 15, 2018 11:11am Jul 15, 2018 11:11am
Quoting rewand
Hi, Can someone help me with an email alert in the attached ADR indicator (send an email alert once ADR is hit). I have tried my best to make it but it sends many emails to me (I lack programming skills and I although I have searched for answers I have not found the key to make the necessary changes). Obviously the challenge is to send the email once only although at every change in the price results in a higher ADR today than the 5 days ADR. Managed by myself. Since there is no other similar ADR indi, I attach it for others to use. {file}

Does it send email when the daily ADR is more than the 5 day
  • #17
  • Dec 22, 2019 1:08pm Dec 22, 2019 1:08pm
Greetings, checking to see if anyone can modify or create an indicator similar to !SM_ADR Marker (mentioned in the first post) that shows the previous days ADR high/low. Need to be able to look back over the last 10 or 20 days to see price behaviour at the ADR high/low. Would be grateful if any coders can help. Thanks.
  • #18
  • Dec 23, 2019 10:17am Dec 23, 2019 10:17am
Bump..
  • #19
  • Sep 4, 2020 8:27am Sep 4, 2020 8:27am
Quoting corinthia
Greetings, checking to see if anyone can modify or create an indicator similar to !SM_ADR Marker (mentioned in the first post) that shows the previous days ADR high/low. Need to be able to look back over the last 10 or 20 days to see price behaviour at the ADR high/low. Would be grateful if any coders can help. Thanks.
Hi traders, I am looking for the same... Is there some indicator, which draws ADR Hi/Lo lines not only for current day, but in history also?
Something like this:
Attached Image (click to enlarge)
Click to Enlarge Name: ADR-indi-example.png Size: 28 KB
  • #20
  • Oct 15, 2020 4:33am Oct 15, 2020 4:33am
Quoting corinthia
Greetings, checking to see if anyone can modify or create an indicator similar to !SM_ADR Marker (mentioned in the first post) that shows the previous days ADR high/low. Need to be able to look back over the last 10 or 20 days to see price behaviour at the ADR high/low. Would be grateful if any coders can help. Thanks.
Hi everyone, finally got it.
Please find this updated ADR indicator in attachment. Two bitmaps from ZIP file go to /MQL4/Images/ folder.
If you find some bugs, let me know (... there will be some, I suppose).
Attached Image (click to enlarge)
Click to Enlarge Name: 201015_ADR-indicater_with-history_AUDNZD_ecnM15.png Size: 27 KB
Attached File(s)
File Type: ex4 ADR-with-history_1.04.ex4   15 KB | 669 downloads
File Type: mq4 ADR-with-history_1.04.mq4   23 KB | 935 downloads
File Type: zip Images.zip   4 KB | 626 downloads
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