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adr

Average daily range (ATR of the bar)

Reference/Volatility/Function

adr(length)

In Dovee this is the same ATR calculation on the chart’s timeframe — use it as a range average.

Parameters

NameTypeDescription
lengthint
default 14
Lookback in bars. Default 14.

Return value

series

Example

line = adr(14)
plot line as "Average daily range (ATR of the bar)"

See also