ADR & ATR Extension from EMA

This indicator helps identify how extended the current price is from a chosen Exponential Moving Average (EMA) in terms of both Average Daily Range (ADR) and Average True Range (ATR).

It calculates:
ADR Extension = (Price - EMA) / ADR
ATR Extension = (Price - EMA) / ATR

The results are shown in a floating table on the chart.
The ADR line turns red if the price is more than 4 ADRs above the selected EMA

Customization Options:
- Select EMA length
- Choose between close or high as price input
- Set ADR and ATR periods
- Customize the label’s position, color, and transparency
- Use the chart's timeframe or a fixed timeframe

發行說明

This indicator helps identify how extended the current price is from a chosen Moving Average (EMA or SMA) in terms of both Average Daily Range (ADR) and Average True Range (ATR).

It calculates:
ADR Extension = (Price - EMA) / ADR
ATR Extension = (Price - EMA) / ATR

The results are shown in a floating table on the chart.
The ADR line turns red if the price is more than 4 ADRs above the selected EMA

Customization Options:
- Select between Exponential and Simple moving average
- Select MA length
- Choose between close or high as price input
- Set ADR and ATR periods
- Customize the label’s position, color, and transparency
- Use the chart's timeframe or a fixed timeframe

發行說明

- Bug fix

開源腳本

本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。

Giac94

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。

開源腳本

Giac94

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。