PROTECTED SOURCE SCRIPT
Average Daily Range Label by Theoris (ADR)
Updated
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
* 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 parameterI 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-axisRelease 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 version5and change Horizontal line and label of High,Low, HOD, LOD
Release Notes
#Add session box as krasniy request.
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