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 Average Daily Range (ADR)

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PostSubject: Average Daily Range (ADR)   Average Daily Range (ADR) Icon_minitimeSat Aug 30, 2014 8:35 am

Average Daily Range (ADR)

The average daily range (ADR) is the average range the underlying (pair) currency puts in during any given 24-hour session (based on an analysis of price movement over an extension period of time). Because there are no opening gaps in the Forex (as it is never closed), the ADR is the same as Average True Range (ATR).

The table below shows ADR of 4 major currency pairs
SymbolAvarage Daily Range PIPSPip Value (US$)ADR x Pip Value

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