OPEN-SOURCE SCRIPT
Updated Average Daily Range High Low

This version uses Pine Script v4 line objects which has a limit of 50 bars.
See tradingview.com/pine-script-docs/en/v4/essential/Drawings.html
See tradingview.com/pine-script-docs/en/v4/essential/Drawings.html
Release Notes
This version displays the average range on the upper line. If "Display average range as forex pips?" is enabled, the range value will be shown in pips.Release Notes
Update parameter namesRelease Notes
Fixed bug in yearly ADR. Thanks to kiero!Release Notes
Use the new arrays feature to track how many ADR to showRelease Notes
Add line color inputsRelease Notes
Fixed label alignment issueOpen-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.
For quick access on a chart, add this script to your favorites — learn more here.
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.
For quick access on a chart, add this script to your favorites — learn more here.
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.