Price Legs: Average Heights; 'Smart ATR'. Consol Range Gauge ~~ Indicator to show small and large price legs (based on short and long input pivot lengths), and calculating the average heights of these price legs; counting legs from user-input start time ~~ //Premise: Wanted to use this as something like a 'Smart ATR': where the average/typical range of a...
Description: The Average Range Levels builds on the concepts of ADR projections showcased in its lite version. Average Daily Range (ADR) is a common metric used to measure volatility in an asset. It calculates the average difference between the highest and lowest price over a time interval – normally five days. The Inner Circle Trader teaches the...
It is indicator for average percent range (range from high to low of stock/index price) of N days, This will help to find high percentage moving stock/index for intraday.
Here I propose another band indicator, it is tuned to consider volatility expansion and compression, average possible movement, and RSI position to identify dominant sentiment in the market. When you should go long that center band line will be colored lime when you are to enter shorts it will be red, this signal is great for trading both trending and...
Here I'm proposing possibly the simplest and most relevant pivot style for intraday traders like me. It utilizes fundamentals of the average range and devises S/R around that. Pivot point in this is today's open (colored lime), which is far more relevant than yesterday's/past data based pivots. This is an attempt to reduce the influence of historical data as...
ADR - Average Day Range Tradingview Screener Average Day Range (ADR)