ADR & ATR Extension from EMA

This indicator helps identify how extended the current price is from a chosen Exponential Moving Average (EMA) in terms of both Average Daily Range (ADR) and Average True Range (ATR).

It calculates:
ADR Extension = (Price - EMA) / ADR
ATR Extension = (Price - EMA) / ATR

The results are shown in a floating table on the chart.
The ADR line turns red if the price is more than 4 ADRs above the selected EMA

Customization Options:
- Select EMA length
- Choose between close or high as price input
- Set ADR and ATR periods
- Customize the label’s position, color, and transparency
- Use the chart's timeframe or a fixed timeframe

版本注释

This indicator helps identify how extended the current price is from a chosen Moving Average (EMA or SMA) in terms of both Average Daily Range (ADR) and Average True Range (ATR).

It calculates:
ADR Extension = (Price - EMA) / ADR
ATR Extension = (Price - EMA) / ATR

The results are shown in a floating table on the chart.
The ADR line turns red if the price is more than 4 ADRs above the selected EMA

Customization Options:
- Select between Exponential and Simple moving average
- Select MA length
- Choose between close or high as price input
- Set ADR and ATR periods
- Customize the label’s position, color, and transparency
- Use the chart's timeframe or a fixed timeframe

版本注释

- Bug fix

开源脚本

本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。

Giac94

免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。

开源脚本

Giac94

免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。