It now appears that what you really wanted was the percent of the ADR that todays price action has fulfilled. Pivot Points use the prior period's high, low and close to estimate future support and resistance levels. typically if a stock moves a full ATR (4 quarter segments in the indicator) early in the day, you can try and make a play off a reversal. A new ATR reading is calculated as each time period passes. Instead, ATR measures the degree of volatility. Compared to other popular indicators such as i-Sessions, for example, our Forex market sessions indicator has a number of advantages: Average Directional Index or ADX is an indicator that uses three inputs to analyse the strength and direction of a price trend. There is no reason why this indicator cannot be usefully applied to any other time frame, from the 1 minute to the 1-month charts.
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