Average Daily Range Board
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Veröffentlicht:
5 April 2019
Aktuelle Version:
1.1
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Ok
Please let me know when you add the 4 Hour.....Thank You so much
Sorry for the confusion........i have 5 trading friends.....some have been trading professionally for over 12 years and we all look at the adr and atr and all are use to knowing "periods" as days and not each individual candlestick so this is why when you say "period" as each candlestick we are confused......... and your "periods" are matching all of our atr "periods"
I apologize again for the confusion....... the 4 Hour is definitely our solution ... Thanks Again
By the next version we will add the 4H TF.
As said, therefore the ADR has been created with the idea of ATR, but in a wider range of functions.
So if you eager to calculate, then you can take the ATR in your MT4 and put your 4H chart for a certain periods as you prefer to, and tell me what a range do you have, then I will do the same with the ADR to tell you what ADR tells us.
Cheers!
Minh
By the next version we will add the 4H TF.
As said, therefore the ADR has been created with the idea of ATR, but in a wider range of functions.
So if you eager to calculate, then you can take the ATR in your MT4 and put your 4H chart for a certain periods as you prefer to, and tell me what a range do you have, then I will do the same with the ADR to tell you what ADR tells us.
Cheers!
Minh
Thanks Bro and i have to apologize because my other trading friend just told me that the Atr period is based on the previous amount of candles and not days.... I am extremely apologetic because i was totally wrong...The ADR is the Average days... I dont even know why i confused the 2. So please just keep the same settings you are doing...... you are doing exactly whats needed ... After you add the 4 hour with the same calculations as your 1 hour, daily and weekly everything will be perfect. So sorry bro lol