You buy a stock that looks strong, but it stops moving. Or you exit early, thinking the move is done, only to watch it keep going. This usually happens when you don’t know how much the stock typically moves in a day.
Average Day Range (ADR) indicator solves that. It shows the usual daily range, so you can judge whether today’s move still has room or is already near the end. It doesn’t predict direction. It gives you a realistic sense of movement, which helps you avoid late entries, set better exits, and stop second-guessing your trades.
What it does
ADR calculates the average range between the high and low over a selected number of days. It appears as a line in a separate pane below your chart, with the current ADR value displayed alongside.
The ADR is shown as a price value, so you can quickly see how much movement is typical without needing to calculate percentages. It gives you a consistent, steady reference for intraday volatility.
A quick example
Take Hindustan Copper on a 5-minute chart. The stock trades near ₹523 after a steady up-and-down session. On price alone, it looks like there's still potential for more movement.
But the ADR line shows a recent value around ₹1.87. Given how much the stock has already moved from the day’s low, it suggests the larger part of the typical daily range may already be done. From here, the move could begin to slow or stabilise.
ADR doesn’t tell you what will happen next. It shows whether the stock has already done what it usually does.
How it works
ADR looks at the high and low for each day and calculates the average range over a selected period. It uses daily candles for this calculation, so even when you're on intraday charts, the reference stays consistent.
The line updates continuously, showing you the most recent view of how much the stock typically moves in a full session.
Where to find it
ADR is available on FYERS Web, FYERS App, and FYERS Trader.
Open any chart
Go to Indicators
Search for Average Day Range and apply it
ADR helps you shift from reacting to every move to trading with clearer expectations of what the stock can actually do.