Calculates the average daily range as well as the standard deviation of the daily range over a given period. Adding both values gives you a statistical range (bottom to top or top to bottom) in which price can be expected to move.
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. คุณสามารถตั้งเป็นรายการโปรดเพื่อใช้บนชาร์ตได้