I have not found anywhere that ADR was counted from HiLo. I count from HiLo not from the OPEN line.braciola719 wrote: Sat May 30, 2020 12:57 am Can you help me understand when it's time to close how do I understand it?
There is a PANEL in the picture. ADR is 28% the price level is calculated from the opening line.
But HiLo is 157 with ADR 247. So ADR calculated from HiLo is 64%. There are still 90 pips for potential movement after breaking HiLo levels
I think 61-78% is a good place, possibly SL
So much theory, today is the last Friday of the month so the funds close the month, such days often end in red
stond
stond On USDJPY ADR is 59%
ADR HiLo is 200%