Daily Range Indicator

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Daily Range Indicator

Postby Checkz » Thu Apr 21, 2011 1:49 am

Can you make a Daily Range Indicator that has in the upper left hand corner of the Chart this information.
Average Day Range:
Prev 01 Day Range:
Prev 05 Day Range:
Prev 10 Day Range:
Prev 20 Day Range:
Room Up:
Room:Down:

I saw this indicator on factory forex "Price Action Trading with Indicators! The Freebie System
By Dredding82.
Thanks in advance.
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Re: Daily Range Indicator

Postby Apprentice » Thu Apr 21, 2011 3:18 am

Do you have a formula or code, for this indicator.
Or written instructions.

As far as I understand your request.
You need the Average Daily Range with periods 1, 5, 10, 20
Daily Range = High-Low
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Re: Daily Range Indicator

Postby Checkz » Thu Apr 21, 2011 3:33 am

No I do not. I just saw the indicator on a Chart Posted by Dredding82 on Factory Forex which he uses on his Freebie templates. From what I understand about this indicator is it is suppose to give you an estimation of how many pips the pair will go up or down in the Room Up and Room down captions. So you have some idea as to how much more you can somewhat expect price to go pip wise.
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Re: Daily Range Indicator

Postby Checkz » Thu Apr 21, 2011 3:49 am

I think the correct name for it is the Daily Range Calculator
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Re: Daily Range Indicator

Postby Checkz » Thu Apr 21, 2011 4:14 am

http://hubpages.com/hub/Average-Daily-Range-Indictor

Has the code of the indicator I am looking for. Thanks again for all your hard work.
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Re: Daily Range Indicator

Postby Apprentice » Thu Apr 21, 2011 5:33 am

Added to developmental cue.
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Re: Daily Range Indicator

Postby Checkz » Sat May 14, 2011 12:13 am

I KNOW YOU GUYS ARE VERY BUSY IM JUST CHECKING TO SEE IF ANY PROGRESS HAS BEEN MADE WITH THIS INDICATOR. THANKS AGAIN FOR ALL THE HARD WORK YOU DO.
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Re: Daily Range Indicator

Postby Apprentice » Sat May 14, 2011 5:58 am

We have not forgotten your request.
Alex is committed to this task.
We just do not have time to complete all of them.
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Re: Daily Range Indicator

Postby biggiesmalls » Tue Sep 13, 2011 10:25 pm

Is there anything new about the development of this indicator? Been looking forward to this indicator for several months now. Thanks everyone for the hard work, I understand you are busy.
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Re: Daily Range Indicator

Postby Alexander.Gettinger » Thu Jan 17, 2019 10:15 pm

Please try this indicator:
Daily Range.lua
(2.38 KiB) Downloaded 154 times
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