DailyTargets
Indicator
175 downloads
Version 1.0, May 2026
Windows, Mac
5.0
Reviews: 1
Since 21/02/2025
466.3M
Traded volume
180.83K
Pips won
24
Sales
7.16K
Free installs
Description
Enhance your daily trading precision with DailyTargets, a comprehensive overlay indicator designed to highlight key institutional levels and volatility-based targets. By utilizing a multi-period Average Daily Range (ADR), this tool provides a clear roadmap for every trading session.
Key Features:
- Dynamic Buy/Sell Zones: Automatically calculates entry zones based on a percentage of the daily volatility from the market open.
- Volatility Targets: Plots clear profit-taking levels based on Fibonacci and standard ADR ratios (61.8%, 100%, 127%, 161%, and 200%).
- Market Context: Displays the previous day's High and Low levels to identify potential breakout or reversal points.
- Real-time Alerts: Stay informed with instant notifications when the price crosses the daily open, signaling a potential shift in intraday trend.
- Fully Customizable: Adjust line widths, styles, and visibility of individual components to match your personal chart template.
Technical Logic: The indicator calculates a weighted average of the ADR (1, 5, 10, and 20 periods) to provide a smoothed yet responsive volatility measurement. This ensures that your targets adapt to current market conditions, whether the market is trending or consolidating.
Summary
AI summary
DailyTargets is a trading indicator that overlays dynamic, volatility-based levels and targets on price charts. It calculates a weighted average of the Average Daily Range (ADR) across multiple periods (1, 5, 10, and 20) to provide smoothed, adaptive volatility measurements. Key features include automatically generated Buy and Sell zones based on a percentage of daily volatility from the market open, and plotted profit-taking targets using Fibonacci and standard ADR ratios (61.8%, 100%, 127%, 161%, and 200%). The indicator also displays the previous day's High and Low levels to help identify potential breakout or reversal points. Real-time alerts notify users when the price crosses the daily open, signaling possible intraday trend shifts. Users can customize line widths, styles, and visibility of individual components to fit their chart preferences. DailyTargets supports visualization of key institutional levels and volatility targets to assist traders in planning entries, exits, and managing intraday market context.
Indicator profile
Indicator category
Support & resistance
Output type
Visualisation
Data requirements
Bars only
Supported signals
Breakout
Level break
Level touch
Session opening range
Customer reviews
5.0
Reviews: 1
5 | 100 % | |
4 | 0 % | |
3 | 0 % | |
2 | 0 % | |
1 | 0 % |
Customer reviews
May 27, 2026
The setup is straightforward and it integrates smoothly into my existing chart layout. It works well across different timeframes and asset classes, which makes it very versatile.
Discussion
FAQ
Fibonacci
Key Levels
Products available through cTrader Store, including trading bots, indicators and plugins, are provided by third-party developers and made available for informational and technical access purposes only. cTrader Store is not a broker and does not provide investment advice, personal recommendations or any guarantee of future performance.
Price
Since 21/02/2025
466.3M
Traded volume
180.83K
Pips won
24
Sales
7.16K
Free installs