In collaboration with @mickey1984 , "The Vet" was created to showcase various statistical measures of price.
The first core measurement utilizes the Defining Range (DR) concept on a weekly basis. For example, we might track the session from 09:30-10:30 on Mondays to get the DR high, DR low, IDR high, and IDR low. The DR high and low are the highest high and...
The Average Session Range or ASR is a tool designed to find the average range of a user defined session over a user defined lookback period.
Not only is this indicator is useful for understanding volatility and price movement tendencies within sessions, but it also plots dynamic support and resistance levels based on the ASR.
The average session range is...
Price Legs: Average Heights; 'Smart ATR'. Consol Range Gauge
~~ Indicator to show small and large price legs (based on short and long input pivot lengths), and calculating the average heights of these price legs; counting legs from user-input start time ~~
//Premise: Wanted to use this as something like a 'Smart ATR': where the average/typical range of a...
It is indicator for average percent range (range from high to low of stock/index price) of N days,
This will help to find high percentage moving stock/index for intraday.
![NQ1!: The Vet [TFO]](https://s3.tradingview.com/v/vg6frF4z_mid.png "The Vet [TFO]")
![NQ1!: Average Session Range [QuantVue]](https://s3.tradingview.com/5/5aJviZVo_mid.png "Average Session Range [QuantVue]")
