A professional Calculator called Average Daily Range Pro Calculator or ADR is a professional trading tool developed exclusively by CompassFX for the MetaTrader 4.0 platform. The ADR Pro Calculator can provide valuable market data in realtime and it can definitely assist you while you are trading.
Some of the benefits of ADR Pro Calculator are; it automatically calculates daily and / or weekly trading ranges. It provides daily trade targets–ADR High and ADR Low; it has built in weekly ADR strategy to trade bounces and breaks of major price levels.
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It is customized to be a user-friendly calculator; it can work at any metatrader 4.0 platform and template; it also can identify areas of support and resistance and lastly, it can determine and verify favorable trade direction.