New Version 4.01 for MT5 Added 2 inputs for the selection of colours for ADR% readings <100% (RED) and >100% (LIME)

ADR Average daily Range Indicator

New Version 4.01 for MT4 Added 2 inputs for the selection of colours for ADR% readings <100% (RED) and >100% (LIME)

ADR Average daily Range Indicator

New Version 4.0 for MT5 1. Added alert for reaching 100% ADR 2. Added color change for % reading of <>100% 3. Added daily open line because some traders use it for directional bias (above the line they only buy and below the line they only sell) 4. ...

ADR Average daily Range Indicator

New Version 4.0 for MT4 1. Added alert for reaching 100% ADR 2. Added color change for % reading of <>100% 3. Added daily open line because some traders use it for directional bias (above the line they only buy and below the line they only sell) 4. ...

ADR Average daily Range Indicator

You can't, not with this indicator

ADR Average daily Range Indicator

It works on live and demo, if it does not place trades you've probably stuffed up the installation Have a look in the experts tab of your TM4 terminal and see what messages you got. If you see any error, then close the chart , and start again with a ...

Hedge Trade-panel

This EA currently does not support global basket closure where you have x number of open trades in x number of currencies and when the whole basket of trades becomes profitable it closes all trades. However, it does support closing baskets of trades ...

Hedge Trade-panel

Those 20 pairs are not for the ADR, I 'm looking at other things. Making the indicator multipair, will only add clutter to the chart and make it unusable for anything else.

ADR Average daily Range Indicator

Thank you, I watched the video, The many percentages look interesting but they are not going to be useful to me. We have to be careful not to over analyse things or it will affect our decision making ("Analysis Paralysis" Syndrome) However, drawing ...

ADR Average daily Range Indicator

The indicator uses MT4 days so in my case the day starts at GMT+2 which is my broker's time. Would it show a different ADR reading if it started a day at NY open? Yes it would, but the ADR % which is derived from the H L reading, would be adjusted ...

ADR Average daily Range Indicator

Not on one chart I look at 20 charts simultaneously (tile view) on 1 MT4 Ok I can make the ADR % change colour when it reaches 100 I will do it when I add the alert.

ADR Average daily Range Indicator

I don't thing we need to do much fine tuning, or to worry about the number of M days being 20, or 30 because the pip difference will be small, plus there are no guarantees that price will follow the ADR. Personally I prefer to look at an average of ...

ADR Average daily Range Indicator

Good idea, I will add it to the next version

ADR Average daily Range Indicator

New Version 37.1 The previous version had a bug where if we removed the EA, the chart was closing New EA users of Versions V37 and above, please read post 308 because the currency pair formating has changed. Existing users of older EA versions, ...

Hedge Trade-panel

You are right but what is your point? IMHO risk reduction should be our top priority I'm convinced that the way we manage the losing trades, will determine how profitable we will be in the long run. I suggest you scroll up this page and read through ...

Hedge Trade-panel

New Version 37 : 1. I added a new function: Automatic Hedging + SL When the input Automatic Hedging Plus SL =true the EA adds to our trade the SL specified in input defaultSL=10 but when price gets close to triggering the SL, the EA deletes it This ...

Hedge Trade-panel

You said that you've read the whole thread and yet you get stuck on something which has been discussed before. Unfortunately this EA does not support currency pair names which have special characters or letters and words attached to them. I suggest ...

Hedge Trade-panel

Make sure the currency pairs listed in the EA settings actually exist in your MT4 because some brokers don't support all of them or use different naming. Check the special instrument inputs too.

Hedge Trade-panel

I'm attaching V1 of the User Manual, I have added an introduction with a list of the EA features. In future ( when I get some free time) I will add the EA inputs and explain what they do.

Hedge Trade-panel

Without seeing your chart I cannot tell of what your particular problem is. I have written a manual with installation instructions and troubleshooting (pls see next post). Look on page 5 and 6. Also, in your MT4 terminal, click on the experts tab ...

Hedge Trade-panel