Intraday Indicator Dashboard Using Range, ATR, OBV, and Price Trends

Summary

This indicator combines chart annotations and signals intended to support intraday analysis. It can show the previous candle’s range, ATR and its exponential average, current session high and low, the midpoint of that range, and the previous day’s high and low. The author treats price above or below the session midpoint as a simple bullish or bearish cue, and colors the ATR display according to its comparison with its average.

Optional arrows use a price-trend measure, On-Balance Volume relative to two exponential averages, or both. The author suggests pairing the display with higher-timeframe Heikin-Ashi, Bollinger Bands, VWAP, and opening-range information. These are presented as personal charting preferences, with example screenshots cited but no systematic performance evidence. The cues are descriptive and parameter-dependent; volume data may be unavailable for some instruments, and the document does not establish that the signals predict returns.

Key ideas

• The display summarizes prior candle range, ATR measures, and session price levels.
• The session range midpoint provides a simple above-or-below trend cue.
• Optional arrows combine a price-trend measure with OBV comparisons to moving averages.
• The author suggests using higher-timeframe and other chart indicators alongside it, without presenting systematic test results.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.