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smart adr as an indicator displays the average daily range of 3 timeframes such as Daily, Weekly, and Monthly.
Using the combination of 3 timeframes of ADR as a reference to shows fixed range and dynamic range targets as lines on your charts.
Inputs
Smart ADR Parameters
- Indicator Name – Display the indicator name
- Daily Periods – Display the Daily Periods of ADR
- Weekly Periods – Display the Weekly Periods of ADR
- Monthly Periods – Display the Monthly Periods of ADR
- Daily Line Show ON – Set TRUE to show daily ADR lines
- Weekly Line Show ON – Set TRUE to show weekly ADR lines
- Monthly Line Show ON – Set TRUE to show monthly ADR lines
- Line Thickness – Thickness of line
- Line Style – Line style ( default – Solid Line)
- Font Color – Font Color of label
- Font Size – Fontsize of label
- Daily ADR Color – Color line of daily ADR
- Weekly ADR Color – Color line of weekly ADR
- Monthly ADR Color – Colorline of monthly ADR
- ADR info ( points ) Show ON – Set TRUE
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