DR IDR Range Indicator

The forex market is a complex entity that requires sophisticated tools for accurate analysis. Among these tools is the DR IDR Range Indicator, a highly useful device for forex backtesting. This tool has been developed to plot ADR, ODR, and RDR ranges for a specific number of past days. One of its distinctive features is its ability to calculate the success rate of the ranges for the displayed days, making it ideal for backtesting.

Tool Overview

The DR IDR Range Indicator is a unique tool designed to facilitate forex market analysis. It’s remarkable for its ability to display ranges for all calculated days, not only the most recent sessions. This feature allows traders to have a broader view of the market trends and make informed trading decisions. It’s a must-have tool for anyone involved in forex trading.

PRO Version Features

While the free version of the DR IDR Range Indicator offers substantial benefits, the PRO version takes it a step further. It includes fully customizable advanced statistics, enhancing your trading strategy improvement. The PRO version allows you to calculate statistics on up to three different day periods, all set by you. Moreover, it gives you the ability to exclude neutral days to generate more realistic stats. It also visually integrates median retracement levels directly on the chart, all based on chart data.

Future Expectations

Future versions of the PRO version are anticipated to include median extension, retirement setup success rate, and more. These features are designed to provide a more comprehensive analysis of currency trading. Users are encouraged to submit requests for additional features, proving the developers’ commitment to continuously improve and adapt the tool to the users’ needs.

Understanding the Strategy

A session is labeled as false when it confirms to the upside/downside, and there is a candle closure below/above the opposite DR level. To fully comprehend the strategy used with this indicator, it’s recommended to refer to Mas7er on Youtube or Discord. The strategy can calculate on the maximum amount of 5-minute candles on the chart. On a major pair like USDJPY, it’s around 1500 days.

Product Usage Disclaimer

As with any forex trading tool, it’s vital to note that past results can’t guarantee future profits. While the DR IDR Range Indicator is a highly valuable tool in forex market analysis, it’s essential to employ proper risk management. The user is solely responsible for any losses incurred.

FAQ

Where can I watch independent testing of this product?
Independent testing of the DR IDR Range Indicator can be found on the forexroboteasy.com website.

Can I subscribe for updates on the results of testing this product?
Yes, you can subscribe to receive updates on the testing results of this product on the forexroboteasy.com website.

Can I share my experience of using this product?
Of course! Sharing your experience of using the DR IDR Range Indicator is highly encouraged. Your insights might be beneficial for other users.

In conclusion, the DR IDR Range Indicator is an impressive tool that enhances forex backtesting, providing traders with a significant edge in forex market analysis. It’s a tool worth considering for anyone serious about improving their trading strategy.