Over the last few months I have used this along with the 10EMA and 14RSI on a 3 minute chart with AMD and NVDA. I have had between a 70%-81% success rate. I wasn't using the ADR before but now that I have, it has been a game changer!! Thank you!!
I have been watching and studying trading operations courses and tactics on RUclips for more than a year. The truth is that his simple, clear and honest way of explaining makes the way of interpreting the market now much clearer and what we have seen until now does not make much sense. I would like to thank you for sharing this information of extremely high educational value free of charge for everyone. Like and already subscribed.. Greetings.
The Average Day Range (ADR) measures the typical price range within a single trading day, providing insights into daily price movements. In contrast, the Average True Range (ATR) calculates the average range of price movements, considering potential gaps between consecutive trading sessions. ADR is focused on intraday fluctuations, while ATR provides a broader perspective, capturing both intraday and overnight volatility. Traders often use ATR for risk management and setting dynamic stop-loss levels, while ADR is more specific to daily price range analysis within a single trading day.
I watch your channel with a lot of attention, thank you for your hard work, want to ask, you change settings in ADR? Or we keep it standard 14 period? Thank you
You say average daily range is $13 but isnt ADR measured in percentage? And ATR measured in price? Also what period average do you use? Average of what?
If I want to select stocks with high 20 day ADR % , which set up should I use in trading view screener and how? How to set up the Quallamagie set up. Thanks
HEy legend! You are going to want to go through my beginners course. start.reallifetrading.com/beginner-trading-course-lp And you will SEE using perfect math, how regardless of your stop size, you can always lose the EXACT same amount (or less) that you predetermine on each trade.
I notice the default setting is 14. If I am on the D chart, will this just be averaging the last 14 days? I am a short/intermediate term trader who uses the D chart to capture its swings. Would it benefit me to change the setting to capture what it's over a longer period like 90 days? Thanks for all you do!
Hi! Maybe a stupid question: if the ADR is 4 that means that the total of the movements is 4 (i.e 2 points up and then 2 down) or is it in one direction?
ADR (Average Daily Range) and ATR (Average True Range) are technical indicators used to display the average daily volatility of a financial asset.0 ADR is simply the average of intraday (High-Low) value, excluding gaps.2 On the other hand, ATR (Average True Range) takes into account any gaps in pricing between the closing of one trading period and the opening of the next. It takes into account the High and Low relative to the previous closing price. ADR may use other timeframes other than the daily one, while ATR takes into account the High and Low relative to the previous closing price.1
Depends on the settings you select. I use 14 (prior 14 session average). www.tradingview.com/x/Rb5XQkkW/ If you use 3 average sessions, then sure. :-) As seen above
Well.... KIND of.... but use it to help with your direction. If you are trying to short ANYTHING ---- and it's ALREADY MOVED bearish the ADR... Maybe don't short it... ?
@@RealLifeTrading thank u, you are a bighelp, I realy don't know how to thank u enough, using volume, I already catch reverses in two weeks now . I know there's still a lot I am not experiencing. I hope I can get used to seing what I need to, for more successful trades. If you can remember last week. there are almost 200million shorts it BTC/USDT that has been trap. And Iam not one of them using volume.
![Tee Grizzley - Robbery 8 [Official Video]](http://i.ytimg.com/vi/34_vkNV6wrU/mqdefault.jpg)
Your simplicity and common sense is amazing!!! Thank you!
😊😊😊😊😊😊😊😇😇
Over the last few months I have used this along with the 10EMA and 14RSI on a 3 minute chart with AMD and NVDA. I have had between a 70%-81% success rate. I wasn't using the ADR before but now that I have, it has been a game changer!! Thank you!!
@@LeonardScarnato wonderful!!!!!!! 😇😇😇
so far I've watched two of your videos and its eye opening showed me i need a mind set change level the big runs and focus on regular runs
@@pausehar 🙌🏻🙌🏻🙌🏻🙌🏻🙏🏻🙏🏻🙏🏻🙏🏻🥰🥰
I have been watching and studying trading operations courses and tactics on RUclips for more than a year.
The truth is that his simple, clear and honest way of explaining makes the way of interpreting the market now much clearer and what we have seen until now does not make much sense.
I would like to thank you for sharing this information of extremely high educational value free of charge for everyone.
Like and already subscribed..
Greetings.
HECK YES!! Thank you for the kind comments on both videos brother!
and another great quote, "Wealth is second grade math repeated over and over"!
Very helpful video, love from Raigad, India, i am new at trading learning basics from 2 months from RUclipsrs like u Thank you.
Mind blowing and eye opening as usual. Dude you are the Rock Star of stock trading!!!
@@RayHelms-v2t Thank you Ray!!!! I’m glad you found it. Helpful, you’ll see in practice as you use it more and more how beneficial this is.
Do a video for ATR (average true range) too please...
Please do a video on explaining the difference between Average Daily Range and Average True Range - Thanks
The Average Day Range (ADR) measures the typical price range within a single trading day, providing insights into daily price movements. In contrast, the Average True Range (ATR) calculates the average range of price movements, considering potential gaps between consecutive trading sessions. ADR is focused on intraday fluctuations, while ATR provides a broader perspective, capturing both intraday and overnight volatility. Traders often use ATR for risk management and setting dynamic stop-loss levels, while ADR is more specific to daily price range analysis within a single trading day.
Thanks Jerrremy!! Your videos are always helpful and well explained. Love your content!!
THANK YOU ROB!!!! :) :) More coming!
I did not know this thing before...thanks...I realise now I might have made some mistakes on taking some extended trades...
Beautiful!!!! 😻
I just found your channel and watched your volumn video! going to start applying this to crypto. Thanks for the info!
HECK YES! Your life is about to change forever ;-)
Thanks
🙏🏻🙏🏻🙌🏻🙌🏻😎😎
You are really helping families eat. Wish you did a video on some of the best stocks that are between 10-25$ With good ADR.
No need. You can use finviz.com for this. But here are some
Ai
Aa
X
SLV
UAA,
MARA
LYFT
Gr8 stuff! Love the $7000 breakdown at the end and how to plan that goal with smaller goals during the month to capture it!
YYYYEEESSSSS
Wow. Great info. Thank you 👍🏼
Thanks for watching and commenting Carlos!
Brillant !! Advice thanks for sharing
Yes!!!! Glad you found it helpful!!!!!
I watch your channel with a lot of attention, thank you for your hard work, want to ask, you change settings in ADR? Or we keep it standard 14 period? Thank you
@@aizen310 keep it at 14 unless you want to swing trade more
And then you can increase it. But 14 is solid
Great and always helpful. Thanks.
Beautiful!!! Glad you enjoyed it!!!
Thanks much! More informational tidbits to help me along my trading career!
My pleasure Brian!!
great video thanks!!
Heck yes!!! Glad you liked it!!!
Yes the video is very helpful. Thanks
HOOOORAY! Thanks for letting. me know!
Sooo great! Thanks Jerremy for making things simple for us
MY PLEASURE!!!!
Sir plz make a whole price action series.
www.reallifetrading.com/backtrading-course
Go through this my man 💸💸🥇🥇
Great video
THANKS rockstar!
You say average daily range is $13 but isnt ADR measured in percentage? And ATR measured in price? Also what period average do you use? Average of what?
Just the daily chart. Because when you are daytrading, you are trying to capture the trading range of the average day.
Many thanks
SURE THING! Thank you for watching !!
Thanks for the video. Great information. I trade using TOS. Not sure if they have something like this but I will look.
They do brother! :-)
@@RealLifeTrading Yup just found it. ATR Study Thanks again!!
"... based on whatever strategy you are incorrectly using."
😂😂🤣
@@RealLifeTradingwhat is a good volume number on a stock for day trading, like 2 million or 5 million or 10 million.
@@Lmi.N 2M+ is fine :)
If I want to select stocks with high 20 day ADR % , which set up should I use in trading view screener and how? How to set up the Quallamagie set up. Thanks
@@SarkisKlinik I’m not sure … 🤔
Are u willing to teach me
Would love too!! start.reallifetrading.com/beginner-day-trading-course :)
Invidia 730 ish a of today
.
Sure but if the trade goes against you with that kind of size you’ll be looking at a hefty loss also.
How would you, in this case minimize your loss?
HEy legend! You are going to want to go through my beginners course. start.reallifetrading.com/beginner-trading-course-lp And you will SEE using perfect math, how regardless of your stop size, you can always lose the EXACT same amount (or less) that you predetermine on each trade.
Great info and video. Does the ADR include premarket i.e. for SPY?
GREAT question. NO, it does not include premarket.
I notice the default setting is 14. If I am on the D chart, will this just be averaging the last 14 days? I am a short/intermediate term trader who uses the D chart to capture its swings. Would it benefit me to change the setting to capture what it's over a longer period like 90 days? Thanks for all you do!
@@emanuelaelias yep if you are mostly a swing trader, I would agree. :-)
@@RealLifeTrading thank you!
Hi! Maybe a stupid question: if the ADR is 4 that means that the total of the movements is 4 (i.e 2 points up and then 2 down) or is it in one direction?
means 4 points in one direction is the average movement. SOLID question Joel
Hi there, can this be used on an index like the Nasdaq 100?
YEP!!! www.tradingview.com/x/oNJ8xdtQ/ ADR for NDX is 168 points
How and where can I scan for stocks with lower prices but higher volumn and ADR?
Finviz.com :)
@@RealLifeTrading Thank you mate!
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what is difference between ADR and ATR?
ADR (Average Daily Range) and ATR (Average True Range) are technical indicators used to display the average daily volatility of a financial asset.0 ADR is simply the average of intraday (High-Low) value, excluding gaps.2 On the other hand, ATR (Average True Range) takes into account any gaps in pricing between the closing of one trading period and the opening of the next. It takes into account the High and Low relative to the previous closing price. ADR may use other timeframes other than the daily one, while ATR takes into account the High and Low relative to the previous closing price.1
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İt is good one browwww
THANKS!!!
can we have average range on chart for a stock that was launch day or week ago
Depends on the settings you select. I use 14 (prior 14 session average). www.tradingview.com/x/Rb5XQkkW/
If you use 3 average sessions, then sure. :-) As seen above
I've No idea what are you talking about? If you get the direction wrong your ADR goes out the window.
Well.... KIND of.... but use it to help with your direction. If you are trying to short ANYTHING ---- and it's ALREADY MOVED bearish the ADR... Maybe don't short it... ?
Let's say ADR is 5 dollars. Next morning, it Gaps 2 dollars would you take into consideration the move in pre market.
@@miltong6063 I would say, it only has $3 to move, yes.
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👍🦁
🦖 🦖 🦖 🦖 🦖 🦖 🦖 🦖 🦖 🦖 🦖 🦖 🦖 🦖 🦖 🦖 🦖 🦖 🦖 🦖 🦖 🦖 🦖 🦖 🦖 🦖
show some real trading
Sure!! Pop in anytime!! start.reallifetrading.com/all-access
Or - Marcus!!! Come to my house in 2 weeks!! www.reallifetrading.com/rlt-options-nashville-retreat-2024 And we will do it together in person ;)
can I use ADR in 1hour TF?, I trade btcusdt, leverage. in daily ADR is 4000, thats a lot.
I just want to find where I can put my hard stop Loss.
Yes, you can use it on the hourly chart. Then you will know how much it generally moves per hour.
@@RealLifeTrading thank u, it is reading the last candle move per hour right. That will be my basis on the last?
@@charmeeee yup
@@RealLifeTrading thank u, you are a bighelp,
I realy don't know how to thank u enough, using volume, I already catch reverses in two weeks now . I know there's still a lot I am not experiencing. I hope I can get used to seing what I need to, for more successful trades.
If you can remember last week. there are almost 200million shorts it BTC/USDT that has been trap. And Iam not one of them using volume.
Hey jerromy dude help me. As a person of charity u like to help someone then help me. Grant me few dollars. Anything is appreciated
Wish U good luck man. May you get more power to do good thing in life