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ADR Order Block Finder Forex Indicator MT4

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ADR Order Block Finder Forex Indicator MT4

ADR Order Block Finder Indicator BUY/SELL signals

The above USD/CHF H1 chart shows the Indicator on the chart. The Indicator doesn’t directly mention BUY and SELL signals. Instead, it gives the distance between the bullish and bearish trends. To determine entry points, traders can look for the ADR START. If the bullish lines increase, it’s an uptrend, and traders can enter long positions.

On the flip side, if the bearish lines are more, then is a downtrend, and traders need to enter short positions. To find the BUY and SELL signals, traders need to use other indicators like the RSI or MACD along with this Indicator.

Conclusion
The ADR Order Block Finder Indicator tells the average distance between the previous and current days. By comparing both values, traders can enter long and short positions. Furthermore, you can download the Indicator for free on our website.

 

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