I am trying to code this as an indicator
AvgRange= Average((H-L),10
NarrowRange= AvgRange*.65
AdvanvcedADR=((H-L),Periods
Wide Range= Avg Range * 1.25
This is what I have but I think it is incorrect. Please help
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defparam drawonlastbaronly=true
AVR= (High–Low)[p]
WR=AVR *1.25
NR=AVR *.65
ADADR= (High–Low)
If ADADR > WR then
r=255
g=0
b=0
endif
If ADADR > NR and ADADR < WR then
r=0
g=0
b=255
endif
If ADADR < NR then
r=204
g=204
b=0
endif
return ADADR coloured(r,g,b) style(histogram),AVR as “AVR” , WR as “WR”, NR as “NR”
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Do not double post.Ask your question only once and only in one forum. All double posts will be deleted anyway so posting the same question multiple times will just be wasting your own time and will not get you an answer any quicker. Double posting just creates confusion in the forums.
You have already been replied at https://www.prorealcode.com/topic/adr-to-show-on-intraday/.
Keep posting there, please.
Thank you 🙂