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Request: Looking for indicator
Hi,
I'm working on a new strategy, but I'm short an important indicator that could really help out.
I'm looking for an Average Range indicator that will show in the upper corner (or selectable corner):
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AvgRange: Yesterday Week Month 180Days "X" Days
PIPS: pp ppp ppp ppp ppp
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Today High: pppp ADR High: pppp
Today Low: pppp ADR Low: pppp
Pips to today High: pp Pips to ADR High: pppp
Pips to today Low: pp Pips to ADR Low: pppp
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1. ADR calculations are:
"X" Days = is variable, e.g. 3,4,5
calculating daily trading range and averages;
Daily High - Daily Low = Daily range
Daily ranges are added up and divided by the number of days for simple period ADR.
2. "ADR High" number is the highest price during the "X" period
3. "ADR Low" number is the lowest price during the "X" period
4. the rest of the fields are pretty self-explanatory.
Anyone seen anything like this?
A lot of bank traders are paying more attention to ranges these days, so I think the info is pretty useful..
thanks!
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