This indicator plots the low and high of a time period of your choice. We use this to plot the overnight high and low for the futures markets.
The ADR projection shows you a dynamic projection of how far the average daily range would take us. It updates in real time as the market makes new highs and lows.
This indicator will show you the relative volume today vs. the last X number of days.
This way, you don't have to wait until the end of the day to see how the volume compares to previous days.
Volume=Volatility so this helps give us a gauge for projections for the day.
This will only work with minute bars.
Enjoy
Trade Context Relative Volume with bars is an indicator that shows how much volume we have at a particular time of day when compared to the last X number of days.
The beauty of the indicator is you do not have to wait until the end of the day to see the average volume for today's session.
This indicator only works on minute bars and it will give you the...
