The ADR Order Block Finder indicator for MT4 is a popular and useful tool for forex traders. This free indicator helps traders identify key support and resistance levels based on the Average Daily Range (ADR) of a currency pair. By highlighting order blocks within the ADR, traders can anticipate potential price reversals and make more informed trading decisions. The ADR Order Block Finder indicator works by scanning historical price data and identifying areas where price has shown significant movement. To use the indicator, simply attach it to your MT4 chart and adjust the settings to your preference. The indicator will then display order blocks within the ADR range, making it easier for traders to identify important levels to watch for potential trading opportunities.
MT4
![](https://www.mt4collection.com/wp-content/uploads/2024/06/Adr-Order-Block-Finder-screenshot-1-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2024/06/Adr-Order-Block-Finder-screenshot-2-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2024/06/Adr-Order-Block-Finder-screenshot-4-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2024/06/Adr-Order-Block-Finder-screenshot-3-230x144.png)
ADR Order Block Finder
ADR Order Block Finder Indicator for MT4 is a useful forex tool that helps traders identify key levels within the Average Daily Range. This popular and free indicator scans price action to pinpoint potential order blocks, providing valuable insights for strategic trading decisions. Simply install the indicator on your MT4 platform and let it do the work for you.
Indicator Type | |
---|---|
Timeframe | |
Platform | |
Trading Style |
0
People watching this product now!
Category: Support & Resistance
Downloads - 11
Description
Reviews (0)
Be the first to review “ADR Order Block Finder” Cancel reply
How to Install
How install MT4/5 indicator in the terminal?
To install an MT4/5 indicator in the terminal, follow these steps:
Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.
Open the MT4/5 terminal and click on “File” in the top left corner.
Select “Open Data Folder” from the dropdown menu.
In the window that opens, double-click on the “MQL4/5” folder.
Double-click on the “Indicators” folder.
Drag and drop the indicator file from your computer into the “Indicators” folder.
Close the data folder window and restart the MT4/5 terminal.
The indicator should now be available in the “Navigator” window on the left-hand side of the terminal. Simply double-click on the indicator to add it to a chart.
Note: If the indicator is in a .zip file, you will need to extract it first before following the above steps.
And if asks to confirm DLL?
If the indicator you are installing requires access to external Dynamic Link Libraries (DLLs), you may see a pop-up message asking you to confirm the use of DLLs.
DLLs are external libraries that contain code that can be used by other programs. In the case of MT4/5 indicators, they are often used to perform complex calculations or connect to external data sources.
If you trust the source of the indicator and want to use it, click “Yes” to confirm the use of DLLs. If you are not sure or do not trust the source, click “No” to cancel the installation.
It’s worth noting that some indicators may not work properly without access to their required DLLs. If you choose not to allow access to DLLs and the indicator does not work as expected, you may need to reinstall the indicator and confirm the use of DLLs to get it to work properly.
Related products
Forex Trading Sessions
The Forex Trading Sessions indicator is a new powerful and popular MT4 indicator designed to help traders identify active trading sessions in the forex market. This indicator shows the opening and closing times of various global financial centers including Tokyo, London and New York on a trading chart, highlighting active trading sessions with colored rectangles. The Forex Trading Sessions indicator is a useful tool for forex traders of all levels, from beginners to experienced traders, that provides important information about active forex trading sessions, helping to optimize trading strategies and increase profitability.
FX5 MACD Divergence
The MACD FX5 Divergence Indicator is a new and popular forex indicator that runs on the MT4 platform. This is a free indicator that traders can use to identify potential trend reversals and momentum shifts. The indicator is based on the Moving Average Convergence-Divergence (MACD) indicator, which measures the distance between two moving averages. It analyzes the divergence between the MACD indicator and price action and then generates buy or sell signals. Use this indicator to better understand market trends and take advantage of potential profit opportunities.
Darvas Boxes nmc
The Darvas Boxes NMC Indicator is a nice and free Forex trading tool available for MT4 platforms. It is based on the Darvas box trading method, which involves identifying trends through the creation of boxes on a price chart. The indicator helps traders visualize key support and resistance levels and potential trend reversals. The Darvas Boxes NMC Indicator provides clear buy and sell signals through color changes and arrows, allowing traders to make informed trading decisions. Its user-friendly interface and customizable settings make it suitable for both novice and experienced traders.
Daily Pivot Points
The Daily Pivot Points Indicator is a popular and free MT4 indicator that helps forex traders identify potential support and resistance levels based on the previous day's high, low, and close prices. The indicator calculates several levels of support and resistance, including the main pivot point, three resistance levels, and three support levels, which can be used to help traders identify potential entry and exit points for trades. This new and user-friendly indicator makes it easy for forex traders of all levels of experience to quickly and accurately identify potential pivot points, helping them to make more informed trading decisions.
Reviews
There are no reviews yet.