ADR% – Average Daily Range Percentage

This indicator calculates the average daily range (ADR) as a percentage over a configurable period. It helps visualize market volatility with:

Dynamic gradient coloring: Red (<2.5%), Amber (2.5–4%), Green (>4%)
Background heatmap showing volatility intensity
Last-bar label with ADR% and readable text
Configurable thresholds for low/high volatility
Use it to spot periods of high/low market activity, potential breakouts, or consolidation zones.