Daily ATR Dashboard - NIRALA

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Daily ATR Dashboard: Volatility at a Glance

What is this?
The "Daily ATR Dashboard" is a simple, non-intrusive utility tool designed for intraday traders. It places a clean information table in the top-right corner of your chart, displaying the Daily Average True Range (DATR) for the current session and the previous two days.

Why is it useful?
Understanding daily volatility is crucial for setting realistic targets and stop-losses.
Know the Range: Instantly see how much the instrument typically moves in a day.
Context: Compare today's volatility with yesterday's and the day before to gauge if the market is expanding (becoming more volatile) or contracting (consolidating).
Clean Charts: Instead of plotting a messy ATR line indicator below your price action, this dashboard gives you the raw data you need without cluttering your workspace.

Features:
Real-Time Data: The "Today" row updates in real-time as the current daily candle develops.
Historical Context: Automatically fetches and displays the final DATR values for the previous two sessions ("Yesterday" and "Day Before").
Highlighted Current Day: The current day's data is highlighted in yellow for immediate visibility.

Customizable: You can adjust the ATR length (default is 14) and the text size to fit your screen perfectly.

How to Read It:
Today: The current volatility of the ongoing daily session.
Yesterday / Day Before: The finalized volatility of past sessions.

Tip: If "Today's" ATR is significantly lower than the previous days, expect potential expansion or a breakout soon. If it is significantly higher, the market may be overextended.

Settings:
DATR Length: The lookback period for the ATR calculation (Default: 14).
Text Size: Adjust the size of the table text (Tiny, Small, Normal, Large).

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Phát hành các Ghi chú

DATR Dashboard: Volatility at a Glance
The "DATR Dashboard" is a lightweight utility for intraday traders, placing a clean table in the top-right corner of your chart. It displays the Daily Average True Range (DATR) alongside Today's True Range and Yesterday's True Range.

Why use it? It provides instant context on market volatility without cluttering your price action. Compare today's movement against the average and yesterday's range to gauge if the market is expanding or consolidating.

Features:
Real-time updates for the current session's range.
Historical context with yesterday's range and the DATR.
Color-coded rows for quick readability.
Perfect for setting realistic targets based on actual market capability.