Indicators: APR

 

APR:

Average Period Range - an indicator of the average daily range. It has four input parameters:
  • Timeframe - the timeframe for which the range is shown;
  • Period - the period (range) for which data are shown;
  • Applied price - prices of the ranges
    • High/Low;
    • Open/Close.
  • Calculation mode - calculation and display mode:
    • Absolute - absolute values;
    • Relative - percentage values.

Fig.1. The daily range on H4

Author: Scriptor

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