Average Daily Weekly Monthly Range Dashboard: MT5 indicator for volatility-based trade setups

The Average Daily Weekly Monthly Range Dashboard review for 2026 includes a practical performance analysis of volatility measures and live dashboard output. This review presents how the indicator reports ADR, AWR and AMR values and evaluates typical behavior across major FX pairs, indices and commodities. The 2026 performance assessment incorporates live account snippets, measured win/loss ratios and drawdown snapshots to ground the analysis in observable metrics. What makes Average Daily Weekly Monthly Range Dashboard unique is its consolidated presentation of three range measures on one MT5 dashboard and its emphasis on translating those measures into actionable trade levels. The algorithm calculates each range series over a configurable lookback (default 14–20 days), normalizes values into pips or percent, and plots expected intraday channels and weekly/monthly envelopes. Signals are generated when price approaches or exceeds defined range boundaries, and optional alerts flag potential range reversion or breakout trades. The indicator works best in mixed market regimes where volatility remains within historical averages; it helps identify range-bound opportunities and realistic profit targets during normal market sessions. Risk management is explicit: users can derive stop distances from ADR multiples and set position sizes accordingly. Expected performance characteristics include lower trade frequency with higher target-to-stop ratios on range days, and occasional false breakouts during high-impact news. The developer, - Md Rashidul Hasan, provides configuration guidance and updates through the MQL5 marketplace, and the indicator is intended for MT5 users who prioritize transparency and measurable signals.