OPEN-SOURCE SCRIPT
Average Daily Range - without open bar
Basic ADR-indicator that is showing the daily range on lower timeframes as well, without using the current open daily bar for calculation.
Also plots as line in a separate indicator window. Updates displayed value when hovering over the candles on the chart to see historical Numbers.
Also plots as line in a separate indicator window. Updates displayed value when hovering over the candles on the chart to see historical Numbers.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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