ADR Multi-TF (4 lignes) en $

ADR Multi-TF (4 lines) — in $
A simple and effective indicator for visualizing an asset's average volatility over up to 4 different time frames — on a single chart. It calculates the average (High − Low) over the selected period (day, week, month, 3M, etc.) and displays it in dollars 💵. Perfect for comparing market momentum between D/W/M and calibrating your targets.

What's in it for you?

Multi-scale view: Compare Daily / Weekly / Monthly / 3M at a glance.

Trade targeting: Sets realistic TP/SL based on the asset's average movement.

Regime reading: Detects when volatility expands or contracts 📈📉.

Key parameters ⚙️

4 independent lines: each with its own timeframe, length, color, and thickness.

Choice of timeframe: empty = chart TU, or D, W, M, 3M…

Length = number of bars in the chosen TU (e.g., 14 weeks if W).

Display in dollars (not %), faithful to the original ADR spirit.

Usage tips 💡

Combine a Daily line (short setting) with a Weekly line (longer setting) to see if the day's movement is "normal" or abnormal.

In intraday TU, keep a W or M line as a macro volatility benchmark.

The higher TU bars (e.g., W, M) are dynamic until closed: the value can change over the week/month—this is normal, not historical repainting.

In short: a simple, readable, and customizable tool to frame your plans with realistic limits. Add it, adjust your 4 lines, and trade more serenely ✨