Average Daily Range (ADR)

This indicator displays a table with daily pip range value averaged over the past 1, 5, 10, 20 and 60 days. Comparing the current day’s daily range to the historical daily range gives a measure of volatility for the forex pair. When the day range increases, the currency is more volatile.

+adr (1, 5, 10, 20, 60) Mt4

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  • File: +ADR (1_5_10_20_60).mq4
  • Size: 8 Kb
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