![]() Over 20 years of historical data was gathered to find the average percentage chances of price moving beyond specific ADR levels for the major forex pairs and a selection of crosses. You can take advantage of these sharp moves by trading the pull back from the top or bottom of the daily range to the most recent level of support or resistance. More details on that below…ĪDR ALERT DASHBOARD TO COMPLIMENT THE INDICATOR AND MONITOR ALL PAIRS ALSO AVAILABLE HERE:Īround 60% of the time price trades within it’s normal average daily range (ADR) and pushes above these levels are usually an indicator of a sharp price move which will typically have a pull back (profit take) move following it. The indicator draws horizontal lines on the chart at the average daily range extremes and also extensions above those levels which have mathematical probabilities attached to them of price exceeding them. You will get instant alerts via pop-up, email or push when price exceeds it’s average range and levels above it of your choosing so you can jump into pullbacks and reversals quickly. The ADR Reversal Indicator shows you at a glance where price is currently trading in relation to it’s normal average daily range. ![]()
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