ADR & ATR Extension from EMA

This indicator helps identify how extended the current price is from a chosen Exponential Moving Average (EMA) in terms of both Average Daily Range (ADR) and Average True Range (ATR).

It calculates:
ADR Extension = (Price - EMA) / ADR
ATR Extension = (Price - EMA) / ATR

The results are shown in a floating table on the chart.
The ADR line turns red if the price is more than 4 ADRs above the selected EMA

Customization Options:
- Select EMA length
- Choose between close or high as price input
- Set ADR and ATR periods
- Customize the label’s position, color, and transparency
- Use the chart's timeframe or a fixed timeframe

Nota Keluaran

This indicator helps identify how extended the current price is from a chosen Moving Average (EMA or SMA) in terms of both Average Daily Range (ADR) and Average True Range (ATR).

It calculates:
ADR Extension = (Price - EMA) / ADR
ATR Extension = (Price - EMA) / ATR

The results are shown in a floating table on the chart.
The ADR line turns red if the price is more than 4 ADRs above the selected EMA

Customization Options:
- Select between Exponential and Simple moving average
- Select MA length
- Choose between close or high as price input
- Set ADR and ATR periods
- Customize the label’s position, color, and transparency
- Use the chart's timeframe or a fixed timeframe

Nota Keluaran

- Bug fix

Skrip sumber terbuka

Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.

Giac94

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.

Skrip sumber terbuka

Giac94