Hey, this indicator will help you with your stock selection. The goal is to focus on stocks that move (higher ADR) and provide enough liquidity which means less risk.
ADR - Average Daily Range in % (measured from High to Low - does not include gaps like ATR does / Threshold color can be adjusted from input)
%Change - Current % change from prior close price
Vol- Todays Volume in MIO
ADV- Average Daily Volume in MIO - default set to 1 month (20 days, can be changed from input - Colored red if < 1 MIO)
VOL- Dollar Volume - Average Daily Volume multiplied with the last daily close price. Important for liquidity issues.
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In this updated version we improved UI. You can now:
- Change the position of the table - Choose between horizontal mode or vertical mode like in the prior version