PROTECTED SOURCE SCRIPT
Mis à jour

Advanced ADR - PivotBoss

13 686
This Script comes straight from PivotBoss Masterclass. Script calculates compression and expansion of prices. ADR is calulated for user defined period and it is compared over 10 period. If the prices goes over 125% of average ADRin the look back period then current price is over expanded and reversal is in the corner. When Prices falls below 65% of average ADR then prices are under compression. Then you should look to position yourself in the direction of the expansion.snapshot

Expansion leads to compression. Compression leads to Expansion
Notes de version
Updated Calculation to find if the prices are trading in narrow range over user defined period.
Notes de version
Added Weekly and Monthly ADR
Notes de version
Added option to define Narrow and Wide Range Percentage.
Notes de version
Updated Version

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.