OPEN-SOURCE SCRIPT
Zaktualizowano Average Daily Range by Blem
Average Daily Range (ADR) Indicator
Displays the Average Daily Range of any instrument directly on your chart as a clean, screen-anchored overlay — accurate on any timeframe from 1-minute to weekly.
What it shows:
1. Average Daily Range — the N-day average of daily high-low ranges (default 14 days)
2. ADR Remaining — how much of today's average range is still uncovered, useful for setting intraday targets (optional, can be toggled off)
How it works:
ADR is calculated using actual daily candle data regardless of the timeframe you are viewing, so the value is always consistent and accurate.
Fully customizable:
• ADR lookback period
• Screen position (9 combinations — top/middle/bottom × left/center/right)
• Background color, text color, text size
• ADR Remaining color thresholds (green when range remains, red when nearly exhausted)
• Toggle ADR Remaining on/off
How to use:
Traders use ADR to understand how much movement to expect in a session. When ADR Remaining is high, there is still room for the move to continue. When it approaches zero, the daily range is nearly complete and momentum may fade.
ADR is a statistical generalization based on past price behavior.
On any given day, price may fall short of the average, or exceed it significantly. It should never be treated as a guaranteed target or a hard boundary.
Use it as a general reference for expected daily movement, not as a precise prediction.
Displays the Average Daily Range of any instrument directly on your chart as a clean, screen-anchored overlay — accurate on any timeframe from 1-minute to weekly.
What it shows:
1. Average Daily Range — the N-day average of daily high-low ranges (default 14 days)
2. ADR Remaining — how much of today's average range is still uncovered, useful for setting intraday targets (optional, can be toggled off)
How it works:
ADR is calculated using actual daily candle data regardless of the timeframe you are viewing, so the value is always consistent and accurate.
Fully customizable:
• ADR lookback period
• Screen position (9 combinations — top/middle/bottom × left/center/right)
• Background color, text color, text size
• ADR Remaining color thresholds (green when range remains, red when nearly exhausted)
• Toggle ADR Remaining on/off
How to use:
Traders use ADR to understand how much movement to expect in a session. When ADR Remaining is high, there is still room for the move to continue. When it approaches zero, the daily range is nearly complete and momentum may fade.
ADR is a statistical generalization based on past price behavior.
On any given day, price may fall short of the average, or exceed it significantly. It should never be treated as a guaranteed target or a hard boundary.
Use it as a general reference for expected daily movement, not as a precise prediction.
Informacje o Wersji
Here's the updated description reflecting all the current features:Average Daily Range (ADR) Indicator
Displays the Average Daily Range of any instrument on your chart as a clean, screen-anchored overlay — accurate on any timeframe from 1-minute to weekly.
What it shows
Average Daily Range — N-day average of daily high-low ranges (default 14 days)
ADR Used — how much of the ADR has been consumed from today's open (optional)
ADR Remaining — how much range can still be expected in the current direction from current price (optional)
ADR Lines — horizontal lines on the chart marking the projected ADR high and low levels for the day (optional)
Important — this is an average, not a target
ADR is a statistical generalization based on past price behavior. On any given day price may fall short of the average or exceed it significantly. Use it as a general reference for expected daily movement, not as a precise prediction.
Skrypt open-source
W zgodzie z duchem TradingView twórca tego skryptu udostępnił go jako open-source, aby użytkownicy mogli przejrzeć i zweryfikować jego działanie. Ukłony dla autora. Korzystanie jest bezpłatne, jednak ponowna publikacja kodu podlega naszym Zasadom serwisu.
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.
Skrypt open-source
W zgodzie z duchem TradingView twórca tego skryptu udostępnił go jako open-source, aby użytkownicy mogli przejrzeć i zweryfikować jego działanie. Ukłony dla autora. Korzystanie jest bezpłatne, jednak ponowna publikacja kodu podlega naszym Zasadom serwisu.
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.