ADR (D1 Button)
The ADR (D1 Button) is a powerful indicator designed for use with the Forex Meta Data 4 platform. This indicator provides traders with valuable information about the Average Daily Range (ADR) of a currency pair, specifically for the daily timeframe (D1).
With the ADR (D1 Button), traders can easily identify the average range that a currency pair typically moves within on a daily basis. This information can be extremely useful for setting profit targets, determining stop-loss levels, and identifying potential trading opportunities.
By using the ADR (D1 Button), traders can gain a better understanding of the volatility and potential price movements of a currency pair. This can help them make more informed trading decisions and improve their overall trading strategy.
The ADR (D1 Button) is easy to use and can be added to the Forex Meta Data 4 platform with just a few simple steps. Once added, traders can customize the indicator to suit their specific trading preferences and needs.
Whether you are a beginner or an experienced trader, the ADR (D1 Button) can be a valuable tool in your trading arsenal. It provides you with important information about the average daily range of currency pairs, helping you make more informed trading decisions and potentially increase your profitability.
Inputs
Indicator : [XU-ADR D1]
Auto Refresh : true
Refresh Period : 1 Day
STR01 : Open Postion level Settings
showOpenPoslevels : true
STR02 : ADR% Target Settings
Time Frame : 1 Day
showTARGETS : true
showOpenClose : true
ShowPrevHilo : true
showADRlines : true
showOpenPoslines : true
showOpenline : true
showCloseline : true
showMidlines : true
LvL1 : 23.6
LvL2 : 38.2
LvL3 : 61.8
LvL4 : 76.4
LvL5 : 100.0
LvL6 : 127.0
LvL7 : 161.8
LvL8 : 200.0
Previous : Aqua
ADRColUP : Snow
ADRColDN : Snow
OpenBUY : Aqua
OpenSELL : HotPink
PrevOpenStyle : Dash
OrderLineWidth : 3
ADRLineWidth : 2
TextSize : 12
ADRStyle : Dot
btn_corner : Left lower chart corner
btn_text : ADR
btn_Font : Impact
btn_FontSize : 14
btn_text_ON_color : White
btn_text_OFF_color : 120.120.120
btn_background_color : 139.0.0
btn_border_color : 139.0.0
button_x : 586
button_y : 52
btn_Width : 86
btn_Height : 26
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