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ICT ADR/AWR/AMR Levels | Trade Symmetry

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🌟 ICT ADR/AWR/AMR Levels

📋 Overview
This advanced technical analysis tool calculates and displays Average Daily Range (ADR), Average Weekly Range (AWR), and Average Monthly Range (AMR) levels. The indicator incorporates smart detection technology that automatically maintains monthly level visibility when historical data becomes unavailable.

✨ Key Features
🕒 Precise Time Alignment
True Daily Opens (TDO) aligned with 00:00 UTC

True Weekly Opens (TWO) at 00:00 UTC (configurable Monday/Sunday start)

True Monthly Opens (TMO) at 00:00 UTC on month start

Customizable period start times and parameters

📊 Comprehensive Multi-Timeframe Analysis
Daily Levels (ADR): Base level with multiple extensions including Fibonacci ratios

Weekly Levels (AWR): Weekly range projections and key levels

Monthly Levels (AMR): Monthly range calculations with automatic fallback system

🔄 Intelligent Level Management
Smart Detection: Automatically switches between historical and current monthly levels

Continuous Visibility: Ensures reference levels remain visible regardless of data availability

Seamless Operation: No manual adjustment needed for level transitions

⚙️ Extensive Customization
Adjustable lookback periods for all timeframes

Independent control over each level type and extension

Complete visual customization (colors, styles, widths)

Flexible labeling and display options

Configurable vertical separation lines

🏷️ Advanced Display Options
Clean, organized label placement

Optional price display in labels

Historical period tracking

Overlapping label merging capability

Adjustable label sizing and positioning

🚀 How to Use
Initial Setup: Enable desired timeframes (Daily/Weekly/Monthly)

Range Configuration: Set appropriate averaging periods for each timeframe

Level Selection: Choose which extension levels to display

Visual Settings: Customize colors and styles to match your trading workspace

Automatic Operation: The indicator intelligently manages level transitions

💡 Practical Applications
Identify potential support and resistance areas across multiple timeframes

Establish realistic profit targets based on historical volatility

Plan trade entries and exits around significant time-based levels

Analyze market volatility patterns across different time horizons

Incorporate institutional trading concepts into your analysis

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.