by Bebbspoke » Tue Mar 24, 2015 10:41 am
The indicator is an Average Range Indicator - but the lua implies it is an Average DAILY Range; -
Sure - it is if one uses daily candles but in reality this indicator gives the Average Range for whatever candle timeframe is active.
Much as an average candle range is a quite useful indicator - this is NOT the ADR indicator as requested some few months back elsewhere in this forum.
Please can we have an indicator that displays; -
a/ the ADR for the previous 20 days
& b/ the price range for the current day
These actual values to display regardless of selected candle timeframe.
Such an idicator is available in MT4
Thank you