if prices goes down breaks adr and stays below will next day adr top line be close to price
slkingyogesh
⋅
supb indictior
theone313
⋅
if adr is hit and goes oppsite direction does the line that was touched by price become static
MartinWeb
⋅
how can the textcolor of the labels be changed? they are barely visible on dark charts. and btw why do you use 5 for length? Can you recommend a setting for 24/7 markets?
jpanbu40
⋅
@MartinWeb, you can check length as 15 or 25 i personally use 25
The-Hunter
⋅
Hello! What makes it plot the lines where is does the next day? Like ADR / 2 from midnight etc.
Why I am asking is because it many times are perfect s/r levels. Thanks for a great tool.
Trader248
⋅
@The-Hunter, ADR is the high minus low for last week of trading days, so it makes sense that most of the time those levels will turn out to be great s/r levels.