OPEN-SOURCE SCRIPT
ADR Ladder
Average Daily Range levels by percentage.
I enter a trade when the volume is medium to high and when the price closes above 3% (buy) and below 3% (sell). I use the opposite side as SL. TP above 50%.
I enter a trade when the volume is medium to high and when the price closes above 3% (buy) and below 3% (sell). I use the opposite side as SL. TP above 50%.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.