wd.Range_DailyAvg – indicator MetaTrader 5
This MT5 custom indicator, called “wd.Range_DailyAvg.mq5”. Basic idea is based on MT4 indicator ‘TSR_Ranges.mq4’ by Ogeimais. It is designed to calculate the ‘Average Daily Range’ (ADR) based on 20 days of historical upper and lower price data. The primary purpose of this indicator is to estimate today’s price movements and to help traders identify … Read more