Indicators: Average Daily Range

 

Average Daily Range:

TheGreedyPig Average Daily Range Indicator calculates 5, 10, 20 days and shows them on the chart. I found this on a Forum, updated, modified the Indicator I found.

Author: TheGreedy Pig

 
At least in the back tester (the only place where I tested the indicator), the ADR indicator failed. It gave way to large a range, way outside of any possible trading range.
 
would be great to get this indi for mt5 version