OPEN-SOURCE SCRIPT
Güncellendi

Average Daily Range Table

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This is the last script to complete Vladimir Poltoratskiy's setup found in his books.

Poltoratskiy argues that you should not take any fractal corridors higher than 50% of the Average Daily Range. To be honest, even 40% is a lot, because then, your target will be 160% ADR away from your entry and one "fracture" just can't be enough to predict moves this big.

I chose a table to visually represent the indicator because it doesn't change its value during the day. It takes far less room on the chart.

There are also two simple moving averages. You may use the as an indicator if the relative volatility as of late is extremely low and in that case, perhaps, expect an increase in the coming days. They are applied to the Average Daily Range, not one day range!

Sürüm Notları
Moving Average fixed ---
Sürüm Notları
I hid moving averages by default as they are not the original part of Poltoratskiy's method.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.