ADR

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ADR

Postby Apprentice » Thu May 16, 2019 5:55 am

EURUSD m5 (05-16-2019 1100).png

Based on request.
viewtopic.php?f=27&t=68459
ADR.lua
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Apprentice
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Re: ADR

Postby 7510109079 » Fri May 17, 2019 6:42 am

Nicely done Apprentice!

Can I ask how is the ADR % calculated?
i.e. what is it a percentage of?

thx
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Re: ADR

Postby Apprentice » Fri May 17, 2019 8:00 am

ADR is the average of Range
The range is calculated as high -low
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Re: ADR

Postby 7510109079 » Fri May 17, 2019 9:07 am

But the actual percentage amount at the beginning. How is that calculated?
Am i correct saying it is the percentage of the current days move compared to the 20 period ADR?
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Re: ADR

Postby Apprentice » Sun May 19, 2019 4:13 am

rate = val * d1_source:pipSize() / ((day10_value + day20_value) / 2);
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