I calibrated your excellent indi sir and tried comparing the values to other ADR. I used the daily average because I have no way to calibrate it on lower timeframes.andrei-1 wrote: Sun Mar 19, 2023 7:30 pm One of them is ordinary. The second one is yours.
ATR_lim how many bars to take for averaging.
It may show a strange picture. Don't be surprised, it's MTF. You need to download the history of the desired timeframe.
Other indi = 20 period
ADR(average ADX) = 20 ATR, 20 period
This was the result. There are some discrepancy on past ADRs but the first ADR comparison is correct. Is this normal or my comparison is incorrect?
Please enlighten my ignorance.
