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Average Range Indicator
Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=9374
Forum: 17 · Topic 9374 · 35 post(s)
Average Range Indicator
Apprentice · Sat Dec 10, 2011 2:04 pm
This indicator shows the average value of high / low range, severally, for the period considered, also, shows an average value for of all time frames, collectively.
Average Daily Range Indicator.lua
Average Daily Range Chart Time Frame Oscillator.lua
Re: Average Range Indicator
Jeffreyvnlk · Thu Aug 21, 2014 2:58 pm
Apprentice wrote:
Average Daily Range Indicator.png
This indicator shows the average value of high / low range, severally, for the period considered, also, shows an average value for of all time frames, collectively.
Average Daily Range Indicator.lua
Can give the option that excluding today range ?
Re: Average Range Indicator
Apprentice · Fri Aug 22, 2014 2:28 am
Exclude Active Candle Option Added.
Re: Average Range Indicator
7510109079 · Thu Mar 12, 2015 4:29 am
not sure if you can reproduce this but if i change the font size smaller, the font size stays the same but just the spacing gets smaller so the text gets crowded but the actual font size stays the same.
Can you have a quick look, thx
Re: Average Range Indicator
7510109079 · Tue Mar 17, 2015 3:57 am
some images to explain what i see… font size seems to change line spacing rather than font size thx
Re: Average Range Indicator
Apprentice · Tue Mar 17, 2015 5:25 am
Updated.
Re: Average Range Indicator
7510109079 · Tue Mar 17, 2015 5:51 am
Excellent, many thx
Re: Average “Daily” Range Indicator lua
Bebbspoke · Tue Mar 24, 2015 10:41 am
The indicator is an Average Range Indicator - but the lua implies it is an Average DAILY Range; - Sure - it is if one uses daily candles but in reality this indicator gives the Average Range for whatever candle timeframe is active. Much as an average candle range is a quite useful indicator - this is NOT the ADR indicator as requested some few months back elsewhere in this forum. Please can we have an indicator that displays; - a/ the ADR for the previous 20 days & b/ the price range for the current day These actual values to display regardless of selected candle timeframe. Such an idicator is available in MT4 Thank you
Re: Average “Daily” Range Indicator lua
Bebbspoke · Tue Mar 24, 2015 10:42 am
The indicator is an Average Range Indicator - but the lua implies it is an Average DAILY Range; - Sure - it is if one uses daily candles but in reality this indicator gives the Average Range for whatever candle timeframe is active. Much as an average candle range is a quite useful indicator - this is NOT the ADR indicator as requested some few months back elsewhere in this forum. Please can we have an indicator that displays; - a/ the ADR for the previous 20 days & b/ the price range for the current day These actual values to display regardless of selected candle timeframe. Such an idicator is available in MT4 Thank you
Re: Average Range Indicator
7510109079 · Tue Mar 24, 2015 11:24 am
Just set the Datasource period to ‘D1’ and it will give you daily (22h-22h GMT.) pip movements regardless of what TF your chart is set to.
Set Exclude active candle to ‘No’ and set the ‘1.Period’ to 1 and that will give you current day’s range
Set ‘2.Period’ to 20 and you have your 20 day range
Its all there
Re: Average Range Indicator
Bebbspoke · Tue Mar 24, 2015 2:43 pm
Hi number[i]; -
Thank you for your response. I’m not certain the operations you suggest procure the desired function:
I require values for
a/the ADR(20) of the [i]previous 20 days
& b/ the present day range
Value “a/” must Exclude tha Active candle (and of course all candles of the active day, whereas value “b/” should observe the Active Candle if appropriate.
A further point; - to have these values linked to the cursor would be most useful…
Re: Average Range Indicator
7510109079 · Thu Mar 26, 2015 7:12 am
Not sure about the linking to a cursor but use the settings below:
set data source time period to D1 (daily)
set calculation periods 1. & 2. to ‘1’ and ‘20’ respectively. Exclude set to ‘No’. Any other values for other periods
1 minute chart but shows current dailyrange = 93.4pips, 20 days daily average movement as 162.14 pips etc. Final average is an average of the 1, 20, 30 & 60 daily averages
Re: Average Range Indicator
gnarlyarbitrage · Thu Apr 02, 2015 2:13 am
Would like to be able to use this for the even small TF’s such as the 5m or the 1m. Smallest I get is the 1h.
Thank you.
Re: Average Range Indicator
7510109079 · Thu Apr 02, 2015 4:37 am
works on all TFs for me. sometimes it randomly disappears altogether but i get it back by resetting the screen position
Re: Average Range Indicator
gnarlyarbitrage · Thu Apr 02, 2015 7:32 pm
i just checked it again and i see the smaller TF’s. weird. thanks, however.
on another note: i would like to be able to see the average spread of a pair. maybe just a simple tool, or something that would include the open,hi,lo,close of a candle. of course, tick charts don’t have those, but would still like to see the tick spread as well.
thank you
Re: Average Range Indicator
Apprentice · Fri Apr 03, 2015 6:06 am
You can use one of these indicator. Chart Info viewtopic.php?f=17&t=61866&p=98821&hilit=spread#p98821 Spread List viewtopic.php?f=17&t=8525&p=96943&hilit=spread#p96943 BidAskSpread Overlay viewtopic.php?f=17&t=3164&p=65768&hilit=spread#p65768
Re: Average Range Indicator
gnarlyarbitrage · Sun Apr 05, 2015 3:17 am
i dont think i actually can. im asking to see the average, meaning over time, spread. not just simply what it currently is.
thank you
Re: Average Range Indicator
Apprentice · Wed Apr 08, 2015 3:13 am
You mean one of these two.
Candle Range viewtopic.php?f=17&t=61561&p=97430&hilit=high+low+range#p97430 Average Period Range viewtopic.php?f=17&t=38110&p=63087&hilit=high+low+range#p63087
Re: Average Range Indicator
rtsayers · Mon May 04, 2015 12:57 pm
I keep getting error’s with the period D1 time frame settings?
Re: Average Range Indicator
7510109079 · Tue May 05, 2015 5:22 am
me too. Like the Trading History indicator, this one is fine for a while then gives ‘Error’ in the legend. A refresh works to correct this temporarily but it reverts to error after 5 mins or so.
Any ideas anyone?
Re: Average Range Indicator
Apprentice · Wed May 06, 2015 7:00 am
Try it now.
Re: Average Range Indicator
Bebbspoke · Wed May 06, 2015 8:51 am
Hi Apprentice; - “try it now” - wouldn’t it be nice if there was a direct link? - or am I being totally incompetent?… I’m sure there are many useful indicators on this site but the finding thereof is nigh on as bad as ensuring a profit on the Forex. Please can we have a link to an indexed source of Custom indicators preferably referring only to those that are known to be bug free? Thank you.
Re: Average Range Indicator
rtsayers · Wed May 06, 2015 11:39 am
I am still getting a error and where is the new indicator or updated indicator? I reinstalled and still the same!!!
Re: Average Range Indicator
Apprentice · Fri May 08, 2015 5:01 am
Refers to first file of this topic. Or u can use this link. download/file.php?id=5226
Re: Average Range Indicator
Bebbspoke · Fri May 08, 2015 5:36 am
Apprentice - thank you for the link!
Re: Average Range Indicator
rtsayers · Sat May 09, 2015 2:00 pm
Still getting errors when setting to daily time period??
Re: Average Range Indicator
rtsayers · Wed May 13, 2015 7:34 pm
Just wondering when you are going to fix this problem??
Re: Average Range Indicator
rtsayers · Mon Jun 01, 2015 4:05 pm
Problem still there when put on Daily period!!!
Re: Average Range Indicator
Apprentice · Sun Oct 28, 2018 5:17 am
The indicator was revised and updated.
Re: Average Range Indicator
chai88888 · Tue Jun 30, 2020 4:43 am
hi there can you make a dash board for this indicator
like this
thanks
Re: Average Range Indicator
Apprentice · Tue Jun 30, 2020 8:49 am
Your request is added to the development list. Development reference 1596.
Re: Average Range Indicator
Apprentice · Wed Jul 01, 2020 8:26 am
Try this version. viewtopic.php?f=17&t=70111
Re: Average Range Indicator
chai88888 · Mon Jul 13, 2020 5:19 am
it has a different output form its original indicator
Re: Average Range Indicator
chai88888 · Mon Jul 13, 2020 5:25 am
here an example of different output
Re: Average Range Indicator
Apprentice · Wed Aug 05, 2020 6:17 am
Multiplicator 1 was used. The time frame was set to chart the time frame.