The Average Range is a core metric used to measure an asset's volatility. This indicator evolves the classic concept by integrating the powerful principles taught by The Inner Circle Trader (ICT). It calculates the average difference between the highest and lowest price over a specific time interval and projects this range forward to identify key algorithmic price levels.
The central idea is that markets operate within predictable, algorithmically defined ranges. This tool decodes these ranges across multiple timeframes, from intraday sessions to monthly cycles. It provides the :

• Average Session Range (ASR), with 8 customizable sessions: ETH / RTH / Asia / London / NY-AM-KZ / NY-AM-RTH / NY-L / NY-PM-RTH

• Average Daily Range (ADR),

• Average Weekly Range (AWR),

• Average Monthly Range (AMR).

Link to TradingView Publication

https://www.tradingview.com/script/k8BgxlVy-ICT-AXR-ASR-ADR-AWR-AMR/

ICT | SMC Tradingview Indicators

Structured | Profitable

Precision | Edge

https://r-ict.com