Introduction to the Average Daily Range Indicator (MT4)
- 1 Introduction to the Average Daily Range Indicator (MT4)
- 2 What is the Average Daily Range Indicator?
- 3 How the Average Daily Range Indicator Works?
- 4 How to Use the Average Daily Range Indicator for MT4
- 5 kesimpulan
Day traders often lose money not because they do not know how to trade, but because greed would cause them to aim for impossible take profit targets that price is more likely not to reach.
This technical indicator is a supplementary technical indicator that would help day traders avoid setting impossible take profit targets.
What is the Average Daily Range Indicator?
The Average Daily Range (ADR) indicator measures the average range in pips for a predetermined time period coverage, particularly for the past 20 hari, 10 hari, 5 hari, as well as the current day’s pip range. It also measures the distance between the current price from the price extremes of the range, which are the tops and bottoms.
This indicator is intended to help traders decide whether their take profit target price is realistic or not.
How the Average Daily Range Indicator Works?
The Average Daily Range indicator bases its Average Daily Range on the Average True Range (ATR) of price on the daily timeframe. The 20-day, 10-hari, and 5-day Average Daily Range are basically the 20-day, 10-hari, and 5-day ATRs from the daily timeframe. Today’s ADR is just the range which price has moved for the day measured in pips.
It also measures the distance of the current price to the projected high and low of price based on the 5-day ADR. It projects the top by adding the 5-day ADR to the low of today’s range, and the bottom by subtracting the 5-day ADR from the high of today’s range. It then measures the distance from the current price to the projected tops and bottoms of the range.
It also measures the direction of price in pips, indicating a positive figure if the movement is positive, and a negative figure if the movement is negative.
This indicator then displays these measurements in pips on the upper left corner of the chart.
How to Use the Average Daily Range Indicator for MT4
Seperti yang disebutkan tadi, this indicator is intended to help traders assess if their take profit targets are realistic or not, and if price still has some room to move in the direction of their trade based on the average daily movements of price.
Seperti, this indicator should be used only as a supplement to another trade setup. It does not provide trend, momentum, or reversal entry signals.
Traders should only take a day trade setup if their projected target price is still within the projected daily range.
Persediaan Beli Dagangan
Bila hendak masuk?
Open a buy trade setup only when a logical target take profit price is below the projected top based on the ADRs. Set the stop loss below the entry point.
Bila hendak keluar?
Set the take profit target on a logical resistance level below the projected top of the ADRs.
Menjual Persediaan Dagangan
Bila hendak masuk?
Open a sell trade setup only when a logical target take profit price is above the projected bottom based on the ADRs. Set the stop loss above the entry point.
Bila hendak keluar?
Set the take profit target on a logical support level above the projected bottom of the ADRs.
Seperti yang disebutkan tadi, this indicator is just a supplementary indicator. It does not provide entry signals or trade direction biases just as with most indicators. Walau bagaimanapun, this indicator can be very useful for day traders.
Petunjuk MT4 – Muat Turun Arahan
Average Daily Range for MT4 is a Metatrader 4 (MT4) penunjuk dan etipati penunjuk teknikal ini adalah untuk mengubah data sejarah terkumpul.
Average Daily Range for MT4 provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Berdasarkan maklumat ini, peniaga boleh menganggap pergerakan harga selanjutnya dan menyesuaikan strategi mereka dengan sewajarnya. Klik di sini untuk Strategi MT4
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How to install Average Daily Range for MT4.mq4?
- Download Average Daily Range for MT4.mq4
- Copy Average Daily Range for MT4.mq4 to your Metatrader Directory / Pakar / Penunjuk /
- Mulakan atau mulakan semula MetaTrader anda 4 Pelanggan
- Pilih Carta dan Jangka masa di mana anda mahu untuk menguji penunjuk MT4 anda
- Carian “Petunjuk Tersuai” dalam Navigator anda kebanyakannya ditinggalkan dalam MetaTrader anda 4 Pelanggan
- Right click on Average Daily Range for MT4.mq4
- Lampirkan pada carta
- Ubah suai seting atau tekan ok
- Indicator Average Daily Range for MT4.mq4 is available on your Chart
How to remove Average Daily Range for MT4.mq4 from your Metatrader Chart?
- Pilih Carta di mana Penunjuk berjalan dalam MetaTrader anda 4 Pelanggan
- Klik kanan ke dalam Carta
- “Senarai penunjuk”
- Pilih Penunjuk dan hapuskan
Julat Harian Purata untuk MT4 (Muat turun percuma)
Klik di sini di bawah untuk muat turun: