This table presents consolidated data that swing traders can refer to quickly for their benefit. I am of the firm belief that the information provided in this uncomplicated table is precisely what you require to optimize your trading efficiency, and ultimately, profitability. The data includes; 1. Market Capitalization - a measure of the total value of a...
The Opening Range Breakout (ORB) trading strategy is a popular day trading strategy that involves taking a position when a price breaks above or below the previous candlestick high (for buying long) or low (for selling short). To use the ORB strategy, you will need to identify the opening range of the stock. The opening range is the range of prices that the stock...
This is a strategy based on Exponential Moving Averages or Volume Weighted Moving Averages against Adaptive fib resistance / support level and profit percentage which can be definetly defined by user and targeting small profits(profits will be raised by leverages). In this strategy, there are predefined values which are collected one by one with statistical...
This indicator is used to gauge the current price movement of the instrument relative to its Daily ATR and Daily ADR%. The indicator has 4 parameters on its panel. ADR% - This shows the average daily price range for the past given period. ATR - This shows the average true range of the past given period. Atr covered - Expressed in %, this shows how much of the...
This indicator is part of our educational suite focused on teaching price structure, momentum, and mean reversion trading strategies for intraday trading. Our team has selected this set of tools and metrics, which define our trading style and serve as the foundation for our teaching, to be included in this indicator. We are displaying each component in a way we...
The daily price range is a good proxy to judge an instrument’s volatility. I have combined multiple concepts in this indicator to display information regarding the daily price range & its volatility. A trading period's range is simply the difference between its high and the low. This script shows the daily high-to-low range of the price as a column chart. It has...
The "ATR Pivots" script is a technical analysis tool designed to help traders identify key levels of support and resistance on a chart. The indicator uses various metrics such as the Average True Range (ATR), Daily True Range ( DTR ), Daily True Range Percentage (DTR%), Average Daily Range (ADR), Previous Day High ( PDH ), and Previous Day Low ( PDL ) to provide a...
Taking the average daily range from low to high or high to low isn't the "best" way to get an idea of how much to set targets. So, I made this indicator to make the system better. This indicator calculates the daily range from Open to High on Bullish Days & Open to Low on Bearish Days . Nobody can catch the absolute low of the day on bullish days and get out at...
The Ultimate Main Chart Indicator (UMCI) is a powerful tool for swing traders looking to enhance their analysis and decision-making process. This tool features a range of different indicators that are designed to get a good overview of the stock's health status. One of the key features of the UMCI is its ability to display candlesticks in the color of high...
DESCRIPTION AND OVERVIEW The Average Daily Range is a measure of volatility (typically across 5 days for the FX markets). I originally saw this being used in a trading system called ANTSSYS by Daryll Guppy and some other developers. I couldn't find it anywhere so I decided to build it from scratch. What this does is allow you to measure volatility across various...
Average Daily Range (ADR) over 5/10/14/20 Days What it is One of the oldest measurements of price volatility that is being used in technical and statistical trading is the range of a specific period of past days to estimate probability of chances, risk and price movements, as seen f.e. in Molodovsky, N. (1967). Building a Stock Market Measure—A Case Study. ...
OANDA:EURUSD Hello! I created an indicator called ADRL (Average Daily Range Lines). This is my first original work, and I hope it's helpful to you guys. 1. Let me explain a bit of how it works... So first of I need the ADR value, as by default length I use 19 for it. I want this indicator to calculate every start of the new day and break if another new day...
Three-Legged Goose is an all-in-one intraday trading system. Three-Legged Goose Futures is the same system as our "Three-Legged Goose" indicator, simply optimized for futures trading by working across all futures market sessions. Three-Legged Goose Futures ONLY works on futures charts, please use our original Three-Legged Goose for equities. It features a...
The Levels indicator automatically draws important market pivots based on multiple timeframe value zones and pivotal trading areas. This information is displayed in front of the price, to keep things out of the way of your price action chart. All of these levels are fully customizable, for visual tranquility, and all values are available to set alerts on. Last but...
Average Daily Range (ADR) (Multi Timeframe, Multi Period, Extended Levels) Tips • Narrow Zones are an indication of breakouts. It can be a very tight range as well. • Wider Zones can be Sideways or Volatile. What is this Indicator? • This is Average Daily Range (ADR) Zones or Pivots. • This have Multi Timeframe, Multi Period (Up to 3 Levels) and Extended...
Displays the following values in a table in the upper right corner of the chart: ADR%: Average daily range (in percent). ATR: Average true range (hidden by default). Market Cap: Total value of all a company's shares of stock. All values are calculated based on daily bars, no matter what time frame you are currently viewing. Doesn't work for time frames >1D,...
Three Legged Goose Three-Legged Goose is an all-in-one intraday trading system. It features a sleek and customizable Opening range overlay with infinitely generating price targets, Average Daily Range Zones, Curated Anchored VWAPs, Total Volume and ATR analysis, as well as our state of the art Market Momentum Trend detection. Three-Legged Goose also has...
Shows the percentage difference between the High and Low of the price bar expressed as a percent of the Open of that bar. In the settings, you can change to Price Change instead of percent change. This will show the price change between the High and Low for each price bar. It can be used on any time frame. I use it on the daily chart . I note the daily figure,...