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OPEN-SOURCE SCRIPT
Updated

ADR Percent

8 474
Uses past 5 day's daily average ranges and calculates average ADR percentage with respect to latest day's open

Acknowledgement - Uses code from another excellent indicator from critian.d
Release Notes
Add the ability to select the time period for ADR calculation to be chosen from one of the 5/10/15 days
Release Notes
Fixed a bug with time range selection
Release Notes
Added 20 day range
Release Notes
Upgrade to pine script version 5
Release Notes
Fixed a bug in the script where it was incorrectly diving the ADR by 2. Now you should correctly see the ADR to be twice as before.

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.

vtrader321
ADRaverageaveragedailyrangeAverage True Range (ATR)

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.
ADRaverageaveragedailyrangeAverage True Range (ATR)

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.

vtrader321

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.