Anyone here use the Average Daily Range (ADR) indicator with hourly stats for Forex, crypto, metals or indices?
Does it actually help you time entries or avoid chasing stretched moves, or is it just another number on the chart?
I’ve been checking out the ADR Tracker app, which shows today’s range vs the average and breaks it down by hour, but I’m mostly curious if the ADR approach itself is really useful.
What’s your take?
Average Daily Range (ADR) indicator
byu/Enough_Ad4294 ininvesting
Posted by Enough_Ad4294