Description: The Average Range Levels builds on the concepts of ADR projections showcased in its lite version. Average Daily Range (ADR) is a common metric used to measure volatility in an asset. It calculates the average difference between the highest and lowest price over a time interval – normally five days. The Inner Circle Trader teaches the...
The Average Daily Range (ADR) is a common metric used to measure volatility in an asset. It calculates the average difference between the highest and lowest price over a time interval – normally five days. The Inner Circle Trader teaches the importance of this metric from an algorithmic point of view; in particular the 1/3ADR price level is deemed to be a...
Alright, let's talk about how to use this fancy indicator. But first, let me warn you, using indicators is like driving a car, you can't just press the gas pedal and hope for the best. You need to know what you're doing, or else you'll crash and burn faster than a soufflé in a microwave. Now, let's get started. The first thing you need to do is understand what...
KVKZ = KV'S KILLZONES This Indicator, break the charts into session: ASIAN, LONDON, NEW YORK. -The 1st two vertical lines (red) indicates the ASIAN RANGE -The 2nd two vertical lines (red & green) indicates the LONDON session -The 3rd two vertical lines (green & blue) indicates the NEW YORK session -The will be no trading in between the two red vertical...