Average Daily Range Indicator MT4 is a valuable tool that helps traders understand the average price movement of a currency pair over a specific period. It assists in identifying potential entry and exit points, optimizing trading strategies, and managing risks effectively. By leveraging daily price movements, the ADR Indicator enhances overall trading performance for both novice and experienced traders.

The Average Daily Range (ADR) Indicator MT4 is a powerful tool for traders looking to understand the average volatility of a currency pair over a specific period. This indicator is essential for identifying potential trade setups and optimizing entry and exit points.

Minimum Deposit

• $100 or more: It’s recommended to have a minimum deposit of $100 to use the ADR Indicator effectively. This ensures you have enough capital to manage your trades and avoid margin calls.

Time Frame to Run

• M15, H1, H4, D1: The ADR Indicator can be used across multiple time frames, but it is most effective on the M15, H1, H4, and D1 time frames. These time frames provide a good balance between signal frequency and reliability.

Which Currency to Run

• Major Currency Pairs: The ADR Indicator works best with major currency pairs such as EUR/USD, GBP/USD, USD/JPY, and AUD/USD. These pairs tend to have higher liquidity and more predictable volatility patterns.

Strategy for Taking Trades

The ADR Indicator helps traders by showing the average range a currency pair moves within a day. Here’s how you can use it to enhance your trading strategy:

• Identify Daily Volatility: Use the ADR to gauge the expected daily movement. If the price has already moved a significant portion of the ADR, be cautious of potential reversals.
• Set Stop Losses and Take Profits: Set your stop losses and take profits based on the ADR values. For example, if the ADR is 100 pips, you might set your take profit at 80-90 pips to stay within the average range.
• Avoid Overtrading: The ADR helps in identifying when a currency pair is overbought or oversold within the day. Avoid entering trades if the price has already moved a significant portion of the ADR.
• Combine with Other Indicators: Enhance the accuracy of your trades by combining the ADR with other indicators like Moving Averages, RSI, or MACD. This provides additional confirmation for your trades.

What’s in the package?

• Indicator : Average Daily Range Indicators.ex4

Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.

===========================================================

You can get it free if you signup Exness with our referral link

https://one.exnesstrack.net/intl/en/a/s020wlktrj

MORE ROBOTS and MANUAL TRADING SYSTEM UNLIMITED VERSION

Telegram Channel : https://t.me/TheTradeLovers

Telegram Contact : https://t.me/TheTradeLover

Whatsapp: Click Here

Email : hello@thetradelovers.com

Whatsapp Channel: https://whatsapp.com/channel/0029VaLNS5gJpe8kk7rZCa13

Instant Download

Your files will be available to download once payment is confirmed.

Instant download items don’t accept returns, exchanges or cancellations. Please contact the seller about any problems with your order.

Our Payment Options:👇

1) Bitcoin Wallet:

19osRLGdcrdKGq8HseVimFv4sPtWiVXht

2) USDT(Tether) Wallet: (ERC20)

0xd75d6711d9ddbc6e12910bdcecf9b1820ded33c0

3). USDT(Tether) Wallet: (TRC20)

TUXqFGZd7dGzrbkB8SFh3dduUPT9wtoxWL

3) TRX(Tron) Wallet: (TRC20)

TUXqFGZd7dGzrbkB8SFh3dduUPT9wtoxWL

4) XRP(Ripple): XRP Ripple

rNxp4h8apvRis6mJf9Sh8C6iRxfrDWN7AV

Memo 382047608

And another crypto wallet: on request

5) Paypal: On Request

6) Skrill: On Request

7) Neteller: On Request

8) You can pay with also Indian Payment Methods Like BHIM, Paytm, Google Pay, PhonePe or any Banking UPI app On Buyer Request.

Send payment screenshot After Payment.

After confirmation we will provide product within 90 minutes.

If you want any proofs of Indicator or have any questions then feel free to message

Thank You ❤️

Disclaimer:

The EAs sold on our channel are not created by us.

We are only resellers of these EAs and the EA performance cannot be guaranteed or predicted.

Past performance is no guarantee of future results. We seek the EA on an ‘as is’ basis and only the version mentioned is being sold.

All future updates will be on a best effort basis and could involve further fees to be paid owing to acquisition and unlocking costs.

EA updates are thus not automatic and not guaranteed.

 

No Refund

Instant download items don’t accept returns, exchanges or cancellations. Please read Refund Policy carefully or contact the seller about any problems with your order.