Average Daily Range High Low — Indicator by sherwind

Volatility ADR

volatility adr

This version uses Pine Script v4 line objects which has a limit of 50 bars.
See

Release Notes:

This version displays the average range on the upper line. If "Display average range as forex pips?" is enabled, the range value will be shown in pips.

Release Notes:

Update parameter names

Release Notes:

Fixed bug in yearly ADR. Thanks to @kiero!

Release Notes:

Use the new arrays feature to track how many ADR to show

Release Notes:

Add line color inputs

Release Notes:

Fixed label alignment issue

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.

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.

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