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Advanced ADR - PivotBoss

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This Script comes straight from PivotBoss Masterclass. Script calculates compression and expansion of prices. ADR is calulated for user defined period and it is compared over 10 period. If the prices goes over 125% of average ADRin the look back period then current price is over expanded and reversal is in the corner. When Prices falls below 65% of average ADR then prices are under compression. Then you should look to position yourself in the direction of the expansion.snapshot

Expansion leads to compression. Compression leads to Expansion
Notas de Lançamento
Updated Calculation to find if the prices are trading in narrow range over user defined period.
Notas de Lançamento
Added Weekly and Monthly ADR
Notas de Lançamento
Added option to define Narrow and Wide Range Percentage.
Notas de Lançamento
Updated Version

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