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Date/Time: Fri, 10 May 2024 00:19:59 +0000

Post From: Average Daily Noise (ADN) Indicator

[2014-10-14 16:38:18] Link To Thread - Link To Post [Go To First Post]
User121729 - Posts: 37
I would like some help on how to create an indicator that would do the following: Calculate Daily Noise which is smallest of the below 2 calculations: 1. Abs(Prev Day pit session Hi - Previous Day open) 2. Abs(Prev Day pit session Lo- Previous Day open) Calculate the average over n days of Daily noise as input by the trader. The is the AVerage Daily Noise(ADN) Add the ADN to the current day open and draw a line. This is ADN Hi Subtract ADN from the current day open and draw a line. This is ADN Lo. This indicator would be plotted on any intraday chart. Can I get some help on this? Thanks