OPEN-SOURCE SCRIPT
Atualizado ADR/ATR Session by LK

## **Features**
1. **Custom ADR & ATR Calculation**
* Calculates **Average Daily Range (ADR)** and **Average True Range (ATR)** separately for:
* **Session timeframe** (default H4 / 06:00–13:00)
* **Daily timeframe**
* Independent smoothing method selection (**SMA, EMA, RMA, WMA**) for H4 ADR, H4 ATR, Daily ADR, and Daily ATR.
2. **Percentage Metrics**
* % of ADR / ATR covered by the **current H4 bar**.
* ADR / ATR expressed as a percentage of the **current price**.
* % of ADR already reached for the **current day**.
* % of Daily ATR vs current day’s True Range.
3. **Dynamic Chart Lines**
* Draws **3 lines for H4**: Session Open, ADR High, ADR Low.
* Draws **3 lines for Daily**: Daily Open, ADR High, ADR Low.
* Lines **extend to the right** so they stay visible across the chart.
* Colors and widths are fully customizable.
4. **Real-Time Data Table**
* Compact table displaying all ADR/ATR values and percentages.
* Adjustable table font size (**tiny, small, normal, large, huge**).
* Transparent background option for minimal chart obstruction.
5. **Flexible Session Settings**
* Select session start and end time in hours/minutes.
* Choose session timezone (chart timezone or major financial centers).
* Toggle H4 lines, Daily lines separately.
6. **Lookahead Control**
* Option to wait for higher-timeframe candle close before updating values (more accurate, less repainting).
---
## **How to Use**
### **1. Adding the Indicator**
* Copy and paste the Pine Script into TradingView’s Pine Editor.
* Click **“Add to chart”**.
* Make sure your chart supports the higher timeframes you choose (e.g., H4 and Daily).
### **2. Setting Your Session**
* **Session Start Hour** & **End Hour** → Defines the intraday session to measure ADR/ATR (default: 06:00–13:00).
* **Session Timezone** → Pick “Chart” or a major financial center (e.g., New York, London, Tokyo).
### **3. Choosing Smoothing Methods**
* For each ADR/ATR (H4 and Daily), choose:
* SMA (Simple)
* EMA (Exponential)
* RMA (Wilder’s smoothing)
* WMA (Weighted)
### **4. Adjusting Chart Display**
* **Show H4 Lines** → Displays session open and ADR High/Low for the current H4 session.
* **Show Daily Lines** → Displays daily open and ADR High/Low.
* Customize line colors and widths.
### **5. Reading the Table**
* **H4 Section**
* ADR / ATR values for the selected session.
* % of ADR/ATR covered by the **current H4 bar**.
* ADR/ATR as % of the current price.
* **Daily Section**
* ADR / ATR for the daily timeframe.
* % of ADR already covered by today’s range.
* ADR/ATR as % of price.
### **6. Pro Tips**
* Use **H4 ADR %** to gauge intraday exhaustion — if current range is near 100%, market may slow or reverse.
* Use **Daily ADR %** for swing trade context — if a day has moved beyond its ADR, expect lower continuation probability.
* Combine with support/resistance to identify high-probability reversal zones.
1. **Custom ADR & ATR Calculation**
* Calculates **Average Daily Range (ADR)** and **Average True Range (ATR)** separately for:
* **Session timeframe** (default H4 / 06:00–13:00)
* **Daily timeframe**
* Independent smoothing method selection (**SMA, EMA, RMA, WMA**) for H4 ADR, H4 ATR, Daily ADR, and Daily ATR.
2. **Percentage Metrics**
* % of ADR / ATR covered by the **current H4 bar**.
* ADR / ATR expressed as a percentage of the **current price**.
* % of ADR already reached for the **current day**.
* % of Daily ATR vs current day’s True Range.
3. **Dynamic Chart Lines**
* Draws **3 lines for H4**: Session Open, ADR High, ADR Low.
* Draws **3 lines for Daily**: Daily Open, ADR High, ADR Low.
* Lines **extend to the right** so they stay visible across the chart.
* Colors and widths are fully customizable.
4. **Real-Time Data Table**
* Compact table displaying all ADR/ATR values and percentages.
* Adjustable table font size (**tiny, small, normal, large, huge**).
* Transparent background option for minimal chart obstruction.
5. **Flexible Session Settings**
* Select session start and end time in hours/minutes.
* Choose session timezone (chart timezone or major financial centers).
* Toggle H4 lines, Daily lines separately.
6. **Lookahead Control**
* Option to wait for higher-timeframe candle close before updating values (more accurate, less repainting).
---
## **How to Use**
### **1. Adding the Indicator**
* Copy and paste the Pine Script into TradingView’s Pine Editor.
* Click **“Add to chart”**.
* Make sure your chart supports the higher timeframes you choose (e.g., H4 and Daily).
### **2. Setting Your Session**
* **Session Start Hour** & **End Hour** → Defines the intraday session to measure ADR/ATR (default: 06:00–13:00).
* **Session Timezone** → Pick “Chart” or a major financial center (e.g., New York, London, Tokyo).
### **3. Choosing Smoothing Methods**
* For each ADR/ATR (H4 and Daily), choose:
* SMA (Simple)
* EMA (Exponential)
* RMA (Wilder’s smoothing)
* WMA (Weighted)
### **4. Adjusting Chart Display**
* **Show H4 Lines** → Displays session open and ADR High/Low for the current H4 session.
* **Show Daily Lines** → Displays daily open and ADR High/Low.
* Customize line colors and widths.
### **5. Reading the Table**
* **H4 Section**
* ADR / ATR values for the selected session.
* % of ADR/ATR covered by the **current H4 bar**.
* ADR/ATR as % of the current price.
* **Daily Section**
* ADR / ATR for the daily timeframe.
* % of ADR already covered by today’s range.
* ADR/ATR as % of price.
### **6. Pro Tips**
* Use **H4 ADR %** to gauge intraday exhaustion — if current range is near 100%, market may slow or reverse.
* Use **Daily ADR %** for swing trade context — if a day has moved beyond its ADR, expect lower continuation probability.
* Combine with support/resistance to identify high-probability reversal zones.
Notas de Lançamento
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Update: LookbackScript de código aberto
No verdadeiro espirito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam entendê-lo e verificá-lo. Parabéns ao autor Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações e regida pelas Regras da Casa.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script de código aberto
No verdadeiro espirito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam entendê-lo e verificá-lo. Parabéns ao autor Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações e regida pelas Regras da Casa.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.