Hey, this indicator will help you with your stock selection. The goal is to focus on stocks that move (higher ADR) and provide enough liquidity which means less risk.
ADR - Average Daily Range in % (measured from High to Low - does not include gaps like ATR does / Threshold color can be adjusted from input)
%Change - Current % change from prior close price
Vol- Todays Volume in MIO
ADV- Average Daily Volume in MIO - default set to 1 month (20 days, can be changed from input - Colored red if < 1 MIO)
VOL- Dollar Volume - Average Daily Volume multiplied with the last daily close price. Important for liquidity issues.
Nota Keluaran
In this updated version we improved UI. You can now:
- Change the position of the table - Choose between horizontal mode or vertical mode like in the prior version
Thanks to @jlsremes.
Nota Keluaran
- Added optional ATR value - Added option to change colors
Enjoy!
Nota Keluaran
New Feature: Minimum Threshold for Average Daily Volume (ADV)
We've introduced a new feature to enhance stock evaluation:
- Added a configurable minimum threshold for Average Daily Volume (ADV).
- Users can now set their desired ADV threshold in millions via the settings.
- Stocks that fail to meet the specified ADV criteria will be highlighted with a negative color in the dashboard, providing a quick visual indicator for low-volume securities.
This update allows for more refined stock filtering based on trading volume, helping users to focus on securities that meet their liquidity requirements.
Skrip ini diterbitkan secara sumber tertutup dan anda boleh menggunakannya dengan bebas. Anda boleh menyukainya untuk menggunakannya pada carta. Anda tidak dapat melihat atau mengubah kod sumbernya.
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.