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(req) adr Pro indicator - compa$$ fx


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  • 3 months later...
  • 2 weeks later...
Guest james_phuc28

Hi Asteris and Cubicrey,

 

Thanks a lot for this interesting and good indicator.

 

According to Chris Lori about trading with Daily ATR, sometimes, during the big news event, the price movement can often exceed the Highest expected ATR or Lowest expected ATR.

 

So, when this thing happens, he suggested that after the price movement of a pair moves out the this range FOR around 50 - 70%, the uptrend or downtrend will often be exhausted, and it's time to go short or go long.

 

So, is it possible to have an alert in this indicator to tell when the price movement exceeds the Highest Daily ATR or Lowest Daily ATR for 50 - 70%? (for example: if today, the expected Daily ATR is 120 pips for eurusd, if the actual price moves from bottom price to exceed Highest price = 180 pips - 220 pips, then the indicator will automatically notify us of this?).

 

Sorry to bother you with this, but if this can be coded into the iADR indicator, then, it is good.

 

Thanks and regards,

James

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