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ATR/ADR covered

This indicator is used to gauge the current price movement of the instrument relative to its Daily ATR and Daily ADR%.
The indicator has 4 parameters on its panel.
ADR% - This shows the average daily price range for the past given period.
ATR - This shows the average true range of the past given period.
Atr covered - Expressed in %, this shows how much of the ATR, the price has covered today.
Adr covered - Expressed in %, this shows how much of the ADR%, the price has covered today.
This indicator can be used to gauge how far the intraday price has moved from its ADR% and ATR and hence decide whether the stock is extended or not.
Note: The Indicator only shows values based on Daily timeframe.
-ve value of Atr covered is relative to the price direction of the instrument in comparison to yesterday.
The indicator has 4 parameters on its panel.
ADR% - This shows the average daily price range for the past given period.
ATR - This shows the average true range of the past given period.
Atr covered - Expressed in %, this shows how much of the ATR, the price has covered today.
Adr covered - Expressed in %, this shows how much of the ADR%, the price has covered today.
This indicator can be used to gauge how far the intraday price has moved from its ADR% and ATR and hence decide whether the stock is extended or not.
Note: The Indicator only shows values based on Daily timeframe.
-ve value of Atr covered is relative to the price direction of the instrument in comparison to yesterday.
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受保護腳本
此腳本以閉源形式發佈。 不過,您可以自由使用,沒有任何限制 — 點擊此處了解更多。
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。