Average Daily Range Label by Theoris (ADR)

This indy show Label of
* Last price
* Range of Low - High ( from Average daily range calculation )
* ADR (14 ) default period 14
* value of current range ( pip ) / Average daily range.

Example
now price is
1499.4
( 1486.959 - 1510.841 ) --- > This is range calculate from ADR for normal range.
ADR(14)
58/148.41

meaning use ADR period 14
today run 58 pips
from average 14 period is 148.41 pips

can change period to other normally I use 10 or 14
Timeframe to use default is Daily

Release Notes

Add High and Low range Lines on current bar.

Release Notes

minor change in input parameter

I move data to upper so It will not block current bar and easily to see data too

user can
1. change Text color
2. choose want label or not

This chart show Text is black and no Label

Release Notes

minor change in shift label in Y-axis

Release Notes

Fix : Location of Y-axis in label ( move to Highest of current or previous Daily bar )

Change parameter in Label border - true:false

Release Notes

edit to version5
and change Horizontal line and label of High,Low, HOD, LOD

Release Notes

#Add session box as krasniy request.

Protected script

This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.

theoris

Also on:

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.

Protected script

This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.

theoris

Also on: