Live example
Settings and defaults
| Setting | Default | Allowed range |
|---|---|---|
| Number of days | 14 | 1 to 365 |
What it plots
Drawn in its own pane below the price chart, with its own scale.
| Line | Unit | Drawn as | First value |
|---|---|---|---|
| ADR | Price | Line | after 1 candles |
| Today range | Price | Line | after 1 candles |
| Range vs ADR % | Percent | Line | after 1 candles |
Calculation notes
- Uses UTC calendar periods built from the chart's own candles, so it needs a continuous native data feed (crypto spot).
- Average high-to-low range of the most recent complete UTC days before today, next to today’s running range and its ratio. Days with missing bars are skipped. It describes past movement only.
Questions
What are the default settings of Average Daily Range?
The defaults are Number of days: 14. You can change every setting on the live chart.
Can I use Average Daily Range for free on TraderAI?
Yes. Every indicator in the library can be added to the free live chart. The free plan keeps up to 2 indicators active at the same time; Pro lets you combine more on one chart.
Educational content. Indicators describe past prices; they do not predict future prices and are not investment advice.