Please help: Looking for historical and visual ADR & news indicators

Hey guys,

I'm looking for 2 indis:

1) One that historically and visually plots the ADR upper and lower lines.
2) One that historically and visually plots the news.

I think everyone will benefit using these indicators when backtesting and studying past charts.

I often found funny looking price action that messed up my indis only to realize that it was the day of red news release.

Thanks guys.

Guys, this is based on the theory that price rarely breaks through these levels and most likely to rebound. You gonna love it. C'mon give it a shot. I've attached the ADR indi for you to look at.

hirstorica adr +


selectable window of interest average PERIOD movement with momentum....
eg 0800 1100 gmt is my aim.

Hey how did you go finding that indicator? I am after a similar thing. Please share :-)

BTW. You're right. Once price reaches the ADR or ATR for the day there is a higher probability of reversal. I have found trading this as an 'end of day' strategy works best. Some confluencing factors:

London Close - Price rarely make HH or LL outside london hours (except of news releases such as from the RBA for the AUDUSD etc) so if you combine the ADR , london close and some other factors such as Pivots & Support and resistance on larger time frames you get yourself in some pretty great trades.

more info:

http://www.forexfactory.com/showthre...34#post5295434

might be the ADR you are looking for.

Hi Ishtana, could you find such ADR indicator? The one linked by MCRotter is not working on my MT4 Build 988. Thank you!

did you tried to compile the mq file? So far as i can see it seems to work but i´m not sure if it will update correct, we will see

@maximumguita, yes! I found that AdrHighLow3.mq4 displays correctly on my MT4s.
But this indicator does not deliver the values that I expect it to deliver.

For example, EURUSD on 5.8.2016 has ADR(5)=640.
AdrHighLow3 shows the following. The High of the Day is 1.11600, so the expected ADR Low should be: 1.11600-640=1.10960, but it shows 10880, an 8 pips difference.


The attached adr.mq4 indicator shows the the ADR High and Low correctly, but only for the current day.


I am looking for an indicator like the adr.mq4, but showing the ADR Highs and Lows for all days. Any suggestions?