Hey, this indicator will help you with your stock selection. The goal is to focus on stocks that move (higher ADR) and provide enough liquidity which means less risk.
ADR - Average Daily Range in % (measured from High to Low - does not include gaps like ATR does / Threshold color can be adjusted from input)
%Change - Current % change from prior close price
Vol- Todays Volume in MIO
ADV- Average Daily Volume in MIO - default set to 1 month (20 days, can be changed from input - Colored red if < 1 MIO)
VOL- Dollar Volume - Average Daily Volume multiplied with the last daily close price. Important for liquidity issues.
Notes de version
In this updated version we improved UI. You can now:
- Change the position of the table - Choose between horizontal mode or vertical mode like in the prior version
Thanks to @jlsremes.
Notes de version
- Added optional ATR value - Added option to change colors
Enjoy!
Notes de version
New Feature: Minimum Threshold for Average Daily Volume (ADV)
We've introduced a new feature to enhance stock evaluation:
- Added a configurable minimum threshold for Average Daily Volume (ADV).
- Users can now set their desired ADV threshold in millions via the settings.
- Stocks that fail to meet the specified ADV criteria will be highlighted with a negative color in the dashboard, providing a quick visual indicator for low-volume securities.
This update allows for more refined stock filtering based on trading volume, helping users to focus on securities that meet their liquidity requirements.
Ce script est publié en code source fermé et vous pouvez l'utiliser librement. Vous pouvez le préférer pour l'utiliser sur un graphique. Vous ne pouvez pas visualiser ou modifier son code source.
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