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Average Daily Range Trading

JADragon3, Thu Aug 17, 2017 7:25 pm

I am trying to develop a system that fits me. It is primarily based off of following the trend of averages. It is a fairly decent system and would probably work well for other more seasoned traders. I believe my only issue at this point is overcoming the psychological barriers that I currently harbor. I would like to add a little more to it but , still try and keep the chart as clean as possible.I'm trying to wrap my head ahead around creating a set of rules. If anyone would like to join in and possibly help me add to the understanding , please feel free. It's pretty lonely over here in my little Trader's corner.

Currently I am using a few different indicators to try and achieve the affect I am looking for.
Found in MT codebase :
MACD
Stretch Breakout Channel
Breakout PANCA Eagle
MTF Fractal
Historical Volatility

Forex-Station indicator :
Averages MTF Alerts 8.8 (Probably need to get the updated one)


And pulled an ADR indicator from Forex Factory
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