Average Daily Range (ADR) Projection

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Average Daily Range (ADR) Projection

Postby Alexander.Gettinger » Fri Jun 15, 2012 10:38 am

Original indicator: viewtopic.php?f=17&t=2799

ADR Projections Up = low[period] + ADR[period];
ADR Projections Down = high[period] - ADR[period];

Daily Range
DR = High[period] - Low [Period];
ADR = AVG ( DR, Period);
ATR is also supported, but is basically the same as ATR.


ADR_Projection_MQL.PNG


Download:
ADR_Projection.mq4
(2.99 KiB) Downloaded 2082 times
Alexander.Gettinger
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Re: Average Daily Range (ADR) Projection

Postby Sepp64 » Fri Jun 15, 2012 11:27 am

This mq4 indicator does not work the way it should.
Attached you find an mq4 indicator that does exactly work like I want to have it.
Can this be done in .lua?
Attachments
ADRmb.mq4
(15.87 KiB) Downloaded 1830 times
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Re: Average Daily Range (ADR) Projection

Postby Alexander.Gettinger » Fri Jun 15, 2012 3:13 pm

The indicator is working properly.
It's just two different indicator.
I'll try to write your indicator for Marketscope.
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Re: Average Daily Range (ADR) Projection

Postby Jeffreyvnlk » Mon Nov 05, 2012 2:05 pm

Could you make the horizontal line limited ? Just within that day and not running all over the chart ? Thank you
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Re: Average Daily Range (ADR) Projection

Postby Apprentice » Tue Nov 06, 2012 7:13 am

Your request is added to the development list.
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Re: Average Daily Range (ADR) Projection

Postby Alexander.Gettinger » Wed Nov 07, 2012 4:49 pm

Jeffreyvnlk wrote:Could you make the horizontal line limited ? Just within that day and not running all over the chart ? Thank you


Indicator updated. Please, download it again.
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Re: Average Daily Range (ADR) Projection

Postby Jeffreyvnlk » Mon Feb 11, 2013 8:58 pm

Thank you
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