Imbalance, ADR Daily Target & ADR > 3X — Indicator by Travelling_Trader

averagedirectionalindex directionalmovement dm_indicator marketmakermethod marketmaker adr imbalance

1 x ADR Movement Calculated on the Asian Session - Times can be altered to suit your parameters
Daily Target is set High from low of Asian Range and Low from High of Asian Range

0-3X ADR Calculated and Displayed from a point you select for the following days targets - can be set Bearish or Bullish and ADR parameters can be altered

Imbalance Finder - Can be switched on or off to show imbalance on current time frame - default is off

Release Notes:

Updated Forex Pair Auto Select

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 a publication is governed by House Rules. You can favorite it to use it on a chart.

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