OPEN-SOURCE SCRIPT

ADR/ATR % (QM style)

235
A compact volatility indicator inspired by Qullamaggie’s trading approach.

ADR (20) shows the average percentage range between the daily high and low over the past 20 trading days. It helps identify stocks with enough volatility and potential movement for momentum trades.

ATR (14) shows the Average True Range over the past 14 trading days as a percentage of the current price. It accounts for gaps and helps estimate a stock’s typical movement when planning entries.

The indicator also displays ½ ATR and ⅓ ATR, providing quick reference distances for tighter entries and stop placement.

This is an independent tool inspired by Qullamaggie’s publicly discussed methods. It is not an official Qullamaggie indicator or financial advice.

免责声明

这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。