FoxFoxicle wrote: Tue Mar 21, 2023 12:21 pm Thank you for your time sir. I have some problem calibrating the ADR

I need the AHR or the Average Hourly Range but I have no idea how to calibrate it.

So I use the ADR of your indi and compare it to other ADR indi.

If ADR values or the high/low range are the same, it means the calculation is correct and the Average Hourly Range calculation will also be correct.

But here there are some discrepancies.

mrtools wrote: Tue Mar 21, 2023 12:34 pm Set the time frame to hourly then how many day/hours back you want to calculate.

FoxFoxicle wrote: Tue Mar 21, 2023 12:40 pm Thank you sir.

If I only want the AHR or the Average Hourly Range.

What is the purpose of this MA's?

mrtools wrote: Tue Mar 21, 2023 12:44 pm No purpose if setting ma length to 1. Also, you have a coder working on your indicator already, why do you need another?

FoxFoxicle wrote: Tue Mar 21, 2023 12:49 pm I am very sorry because I am confused too.

Whenever I calibrate the indicator to other ADR indicator, they are not the same, so it means I cannot get the hourly range precisely.

I am very sorry for the misunderstanding I was hoping it can be viewed on other's perspective.

mrtools wrote: Tue Mar 21, 2023 12:52 pm Then why not work with that original coder to get what you are seeking?

FoxFoxicle wrote: Tue Mar 21, 2023 1:12 pm Thank you for your guidance. I will do.

I think I understand the problem.

The indicator is only applying ADR to H4 or H1.

The indicator is not averaging the previous H4 or H1 candles.

mrtools wrote: Tue Mar 21, 2023 1:29 pm Just thought of a simple way to do this is do a mtf version of 2 period = 1 moving averages of high and low.