Hello
Does anyone did or know about script/indicator which will gather statistics of how often Average Daily Range (14) of given instrument was achieved, not achieved and overshot and by how much pips?
So for example GBP USD has ADR of 90 pips (14 days). I would like to have stats how many days this 90 pips was achieved/overshot/not achieved and how many pips was the difference... Some days it will have 70 pips, some days 120 pips and some around 90 pips (+/- 10 pips) which is acceptable.
Does anyone did or know about script/indicator which will gather statistics of how often Average Daily Range (14) of given instrument was achieved, not achieved and overshot and by how much pips?
So for example GBP USD has ADR of 90 pips (14 days). I would like to have stats how many days this 90 pips was achieved/overshot/not achieved and how many pips was the difference... Some days it will have 70 pips, some days 120 pips and some around 90 pips (+/- 10 pips) which is acceptable.
Cut short your losses. Let your profits run on. David Ricardo (1772-1823)