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ADR indicator

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    ADR indicator

    Hi all, looking for an Average Daily Range counter. Had one in NT7 cant find a NT 8 as of yet.

    #2
    I found several indicators when searching the forums that may be useful for you. Please browse the first few pages of the search for 'average range' below to see if any of these indicators meet your needs:

    https://ninjatrader.com/support/foru...e+range&desc=1

    If you find the NinjaTrader 7 indicator you were using but not a comparable NinjaTrader 8 version, can you provide the link to the NinjaTrader 7 indicator so I better understand exactly what you're seeking?
    Patrick G.NinjaTrader Customer Service

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      #3
      The indicator computes the average of daily range.
      It takes the High and Low of each day and computes the range of each day. Then it computes the average of those ranges during a period, ie the last 10 and last 20 trading days.

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        #4
        I assume your response implies that looking through my search and searching yourself did not result in any comparable indicators for what you're seeking?

        I was able to create an analogous plot of what you're describing by adding the built in 'ATR' indicator to a daily chart. Here is an example:

        https://www.screencast.com/t/h7rnpBiY

        Is this what you're looking for?
        Patrick G.NinjaTrader Customer Service

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          #5
          Sorry for delay in replying, had some personal issues to take care of.
          For an idea of what I mean, take a look at the following;

          https://www.youtube.com/watch?v=f423zB2rZHc


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            #6
            Hello,

            The product referenced in the video can be found from a NinjaTrader Ecosystem vendor at the following link: https://www.indicatorwarehouse.com/n...or/day-ranger/

            Originally posted by falcs View Post
            Sorry for delay in replying, had some personal issues to take care of.
            For an idea of what I mean, take a look at the following;

            https://www.youtube.com/watch?v=f423zB2rZHc

            Jared M.NinjaTrader Customer Service

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              #7
              This is an ADR indicator for ninjatrader 8 and it even sends notifications when the ADR is reached, also notifies of high reversal probabilities: https://trading2society.com/t2ssmartadr
              Last edited by kmlneo; 03-12-2019, 03:35 AM.

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