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ADR Pivot Levels
The ADR (Average Daily Range) indicator shows the average range of price movement over a trading day. The ADR is used to estimate volatility and to determine target levels. It helps to set Take-Profit and Stop-Loss orders. It is suitable for intraday trading on lower time frames.
The “ADR Pivot Levels” produces a sequence of horizontal line levels above and below the Center Line (reference level). They are sized based on the instrument's volatility, representing the average historical price movement on a selected higher timeframe using the average daily range (ADR) indicator.
The “ADR Pivot Levels” produces a sequence of horizontal line levels above and below the Center Line (reference level). They are sized based on the instrument's volatility, representing the average historical price movement on a selected higher timeframe using the average daily range (ADR) indicator.
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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。
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。