ADR - Average Daily Range [KasTrades]

10月12日

This is an Average Daily Range (ADR) indicator.
There are two settings for ADR:

• Two Look back period ADR range (e.g. 7 and 14 days)
  
• One Look back period ADR (e.g. 5 days only)
  

Two day ADR ranges are typically used in equities and index futures whereas one day ADR is typically used in forex.

The opening time by default is 17:00 New York (Eastern) time. The ranges are always calculated from the opening price of the first bar on the respected timeframe.

10月18日

發行說明

Updated Script.
- Made improvements to range plotting.
- Updated user input for selecting custom session.
- Indicator will now automatically detect the end session candle instead of the users trying to figure out which candle to use.

Now you just need to enter the session start time and it will do the rest for you.

Note: This is the identical indicator as the other ADR Indicator that is published by KasTrades.