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PIVOTBOSS ADR
The PivotBoss ADR Method offers a complete approach to analyzing the volatility for a
given market in multiple timeframes by simply using average daily range. The ADR Breakout
helps us identify markets that are extremely compressed and due for significant expansion.
The PivotBoss ADR Targets Indicator is a simple, yet powerful, tool that helps you forecast extremely accurate targets based on the volatility of a given instrument. This indicator self-adjusts to a market's current volatility in order to plot reliable targets in multiple timeframes, including daily, weekly, and monthly targets.
1. Compression/Expansion: The development of trading ranges (Compression) builds the energy that will lead to the next
phase of price discovery (Expansion). ADR helps us quantify when a range is significantly compressed and due for expansion.
2. Volatility: Measures the SPEED of a market in order to forecast future volatility and price behavior. Markets rotate between
LOW and HIGH volatility states. Low ADR readings (<65% ADR) suggest significant compression, implying expansion ahead.
3. The ADR Breakout (Expansion Day): A true breakout from a narrow ADR range includes an Expansion Day, which is a
Trend Day on Day 1, wherein the session’s midpoint exceeds the breakout point and sees a Close beyond the range.
4. The ADR Breakout (Rejection Day): A failed breakout from a narrow ADR range includes a Rejection Day, which may take
the form of a long tail on Day 1, wherein the market attempted range expansion, but failed and closes back within the range.
This signature oftentimes leads to major expansion on the OPPOSITE side of the range.
5. A Variety of Trade Opportunities: Once TRUE expansion occurs from a narrow ADR range, a variety of trade opportunities
present themselves over the course of the next several days, or even weeks. These opportunities include swing trades, day
trades, and even scalps. Understanding when and where to look for these opportunities is key
given market in multiple timeframes by simply using average daily range. The ADR Breakout
helps us identify markets that are extremely compressed and due for significant expansion.
The PivotBoss ADR Targets Indicator is a simple, yet powerful, tool that helps you forecast extremely accurate targets based on the volatility of a given instrument. This indicator self-adjusts to a market's current volatility in order to plot reliable targets in multiple timeframes, including daily, weekly, and monthly targets.
1. Compression/Expansion: The development of trading ranges (Compression) builds the energy that will lead to the next
phase of price discovery (Expansion). ADR helps us quantify when a range is significantly compressed and due for expansion.
2. Volatility: Measures the SPEED of a market in order to forecast future volatility and price behavior. Markets rotate between
LOW and HIGH volatility states. Low ADR readings (<65% ADR) suggest significant compression, implying expansion ahead.
3. The ADR Breakout (Expansion Day): A true breakout from a narrow ADR range includes an Expansion Day, which is a
Trend Day on Day 1, wherein the session’s midpoint exceeds the breakout point and sees a Close beyond the range.
4. The ADR Breakout (Rejection Day): A failed breakout from a narrow ADR range includes a Rejection Day, which may take
the form of a long tail on Day 1, wherein the market attempted range expansion, but failed and closes back within the range.
This signature oftentimes leads to major expansion on the OPPOSITE side of the range.
5. A Variety of Trade Opportunities: Once TRUE expansion occurs from a narrow ADR range, a variety of trade opportunities
present themselves over the course of the next several days, or even weeks. These opportunities include swing trades, day
trades, and even scalps. Understanding when and where to look for these opportunities is key
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