INDICATOR

DR/IDR by FX Replay

Custom

DR / IDR (Day Range / Initial Day Range) – FX Replay Guide

The DR/IDR Indicator in FX Replay is a powerful session-based structure tool that highlights initial price-range behavior and total daily movement. It helps you determine whether to trade with or against a session, validate breakout strength, and locate institutional liquidity levels.

🛠 How to Set It Up

Add the Indicator:

  • Click Indicators → search for “Session Indicator by FX Replay”.
  • Add to your chart.

Customize Your DR/IDR Settings:

  • Open settings → configure:
    • Session Times (e.g., London 2 AM–5 AM NY time, NY 8 AM–11 AM)
    • Display: Show high/low lines, fill boxes, or labels.
    • Visibility: Set DR/IDR to appear only on active intraday timeframes (1 M–15 M).

How to Use DR/IDR in Trading

Directional Bias:

  • NY DR < London DR → market may consolidate or reverse → fade highs/lows.
  • NY DR > London DR → possible continuation → breakout or momentum entry.

Entry Points:

  • IDR Breakout: Enter on clean break with volume/confirmation (e.g., VWAP reclaim, PO3 setup).
  • IDR Reversal: Fade sweep of IDR high/low followed by rejection (e.g., fractal + CMO divergence).

Confluence Zones:

  • Use DR/IDR lines as support/resistance for other tools like SMMA, VWAP, or FVGs.

Backtesting Tips

  • Track each day/session with tags like:
    • “NY DR < London DR + VWAP fade”
    • “IDR expansion + PO3 continuation”
    • “London IDR rejection + CCI overbought”
  • Use Zeussy Time Cycles or PO3 boxes to sync DR/IDR reactions with session timing.

Pro Tip
In FX Replay, DR/IDR is your session-structure framework:

  • Use IDR highs/lows to define expected range.
  • Align trade timing with volume and volatility shifts at key session points.
  • Combine with tools like Alligator, Fractals, or Chaikin Volatility to fine-tune entry confidence.

Entry Checklist Example:

  • NY AM session open?
  • Price breaks London IDR high?
  • CMF rising? → Long