OPEN-SOURCE SCRIPT
Updated Average Daily Range
Re-Re-upload!
There are a handful of decent Average Daily Range indicators out there.
Often they are built using Pinescript v2 (severely outdated) or have no customization or are "Closed Source"
In this version, you can select two multipliers to display on chart
Primary Mult - Large Green or Red crosses, by default set to 1 or 100% of ADR
Secondary Mult - Small Aqua or Maroon crosses, by default set to 0.5 or 50% of ADR
Cheers,
EFX
There are a handful of decent Average Daily Range indicators out there.
Often they are built using Pinescript v2 (severely outdated) or have no customization or are "Closed Source"
In this version, you can select two multipliers to display on chart
Primary Mult - Large Green or Red crosses, by default set to 1 or 100% of ADR
Secondary Mult - Small Aqua or Maroon crosses, by default set to 0.5 or 50% of ADR
Cheers,
EFX
Release Notes
- Additional third ADR level
- Update to Pine V5
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Algo Trading Simplified 👉 PaxProfits.com
Discover the easy way to manage Forex trading accounts. Trusted by traders globally.
Discover the easy way to manage Forex trading accounts. Trusted by traders globally.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Algo Trading Simplified 👉 PaxProfits.com
Discover the easy way to manage Forex trading accounts. Trusted by traders globally.
Discover the easy way to manage Forex trading accounts. Trusted by traders globally.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.