Observed daily range · entered highs and lows

Observed Average Daily Range Calculator

Calculate the simple average, median, minimum and maximum high-low range across the latest entered daily rows. The result uses completed observations from one user-defined broker session, excludes previous-close gaps and does not forecast the next day’s range, direction or breakout.

Runs in your browserTransparent high-low meanNot ATR or a forecast

Enter ordered daily ranges

Use completed daily bars from one consistent symbol, broker feed and session boundary.

Entered

One row per line: optional label, high, low. Commas, semicolons or tabs are accepted.

ADR boundary: ADR here is the simple mean of entered daily high-low ranges. It excludes previous-close gaps and predicts nothing.

Entered-sample ADR

Observed Range & Volatility 1.0.0.

Derived
No ADR calculated yetEnter at least as many daily rows as the selected period, or load the audited example.

How this observed ADR is calculated

Daily range = Daily high − Daily low
ADR = Sum of the latest N daily ranges ÷ N

Only the latest entered rows equal to the selected period are used. The median is the middle ordered range, or the mean of the two middle ranges when the period is even.

Unlike true range, this simple high-low model does not compare a day with the previous close.

Worked example from the audited fixture

Reproduce it with “Load audited example”With period 5, pip size 0.0001 and the five rows supplied by “Load audited example,” the daily ranges are 0.0100, 0.0150, 0.0080, 0.0120 and 0.0200. Their sum is 0.0650, so ADR = 0.0650 ÷ 5 = 0.0130, or 130 entered pips. The median is 0.0120, or 120 pips.

How to interpret the result

The 130-pip ADR is a summary of those five completed high-low ranges. Friday’s 200-pip range is 153.85% of that sample average, but neither figure predicts the next daily range or identifies a trade. Changing the broker session boundary, period, source rows or pip convention can change the result.

Assumptions and limits

  • Daily boundaries vary by broker and chart time zone, so keep the source consistent.
  • Incomplete current-day candles can make the latest range non-comparable.
  • The page does not detect duplicate dates, missing days or out-of-order labels.
  • ADR does not identify market direction, targets or breakout probability.
  • Pip size is user-entered because instrument conventions vary.

Frequently asked questions

  • It is the arithmetic mean of high minus low across the latest entered daily rows equal to the selected period.
  • No. This model uses high minus low only and does not compare each day with the previous close.
  • ATR uses true range and can include previous-close gaps. This ADR is a simple high-low average.
  • The median provides a descriptive middle daily range that is less influenced by one unusually large entered day.
  • You can, but it may not be comparable with completed days, so the page recommends completed bars for review.
  • No. Labels are descriptive; the user is responsible for ordered, consistent source data.
  • No. It describes only the entered sample and is not a target, forecast or probability estimate.
  • Forex pairs, metals and other instruments can use different pip conventions, so the page does not impose one universal value.

Sources and methodology

Observed ATR CalculatorInclude previous-close gaps in true-range measurement.Session Range AnalyzerMeasure one entered intraday session.Pivot Point CalculatorCalculate reference levels from an entered high, low and close.

Compare the chart feed and trading terms

Use one consistent broker feed for every entered bar and verify the symbol's price precision, spread and trading conditions before using any measurement in a plan.

XM

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FBS

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FXOpen

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Disclaimer: The results from this tool are estimates for educational and informational purposes only and may differ from your broker's figures. This is not financial or investment advice. Trading forex and CFDs carries a high level of risk and can result in the loss of all your capital. Always verify calculations with your broker and trade within your risk tolerance.