ADR Indicator
The ADR Indicator is a powerful tool for traders using MetaTrader 4. This indicator calculates the Average Daily Range (ADR) of a currency pair, providing valuable insights into market volatility. By understanding the ADR, traders can set realistic profit targets and stop-loss levels. Connecting the ADR Indicator to MetaTrader 4 is simple and straightforward, allowing traders to access this valuable information with ease. The pros of using the ADR Indicator include improved risk management, better trade planning, and increased profitability. However, it’s important to note that the ADR Indicator is not a standalone strategy and should be used in conjunction with other technical analysis tools.
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Description
FAQ
- Can I download this indicator ‘ADR Indicator’ for free?
- Yes, this indicator – ADR Indicator, like other indicators presented on the site, is free, with the exception of those where there is a fee, they are available only on the official website of the developer
- Where does this Indicator come from?
- The Indicator, like others, is collected from the official website of trading platform MetaTrader 4 and developers
- Can I use ADR Indicator on the mobile version of the trading platform MetaTrader 4?
- No, indicators can only be used on the web version of the trading platform MetaTrader 4.
Additional information
| Platform | MetaTrader 4 |
|---|---|
| Format | ZIP |
| Price | Free |
| Safety | Safe |
| Type file | Indicator |
| Size | 268kB |
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