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Current Day High/Low and Mid- Made by IshaanThis TradingView indicator plots the current day's high, low, and mid (50%) levels, based on the daily timeframe, and displays them on any intraday chart (e.g., 15m, 1h, etc.). Lines begin at the official market open time (default: 9:30 AM exchange time). Lines extend right indefinitely so they’re visible throughout the day. Values are updated live during the trading session using daily high and low data. The mid line is calculated as the average of the current day’s high and low. You can customize: Line colors (high, low, mid) Line thickness Market open time This tool is helpful for traders looking to monitor intraday interaction with key daily levels.
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darjiishaan tarafından
Asian & London Session High/LowThis Pine Script v6 indicator plots the high and low of the Asian and London trading sessions on the chart before the New York session opens. Asian session is defined from 00:00 to 08:00 (Europe/Sofia time). London session is defined from 09:00 to 16:30 (Europe/Sofia time). The session highs and lows are tracked live and updated as new candles form within the session time ranges. At 16:30, when the New York session opens, all high/low values are reset to na to prepare for the next day. Horizontal lines are plotted using plot.style_linebr to extend the lines until the next candle. This tool helps traders identify key support/resistance zones formed during the most active pre-New York hours.
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NikolayBorisov tarafından
Trading session High/Low (Lumiere)Trading session High/Low What it does: Plots the High and Low for each session (Asia, London, New York) as horizontal zones that “snap” to the first true extreme of the session and then extend right. Key points: Snap‑to‑extreme only: Lines don’t draw at the open; they appear only once price makes a new session high or low, and anchor exactly at that bar. Persistent until next session: Once drawn, each session’s lines stay on the chart after the session ends, and are cleared only when that same session next opens (or when you hide it). Three configurable sessions: Asia: 18:00–03:00 (UTC‑4) London: 03:00–09:30 (UTC‑4) New York: 09:30–16:00 (UTC‑4) Customizable appearance: You can toggle each session on/off, choose its color, and set line width. The time that is already set on the different sessions is based on the standard session open/close. If you want to change it, it will refer to the NY time, UTC -4.
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Lum1ere tarafından
2
First 15-min Candle High/LowFirst 15-Min Candle High/Low – Intraday Range Indicator This script plots the High and Low of the first 15-minute candle of the trading day using: 🟢 Green horizontal line for the first 15-min High 🔴 Red horizontal line for the first 15-min Low These levels are commonly used by intraday traders as: Breakout zones Support/resistance levels Entry/exit reference points The script is designed to reset daily and is especially helpful for index and equity traders operating during market open volatility. ⏰ Optimized for markets operating in IST (Indian Standard Time), such as NSE/BSE, starting at 09:15 AM. 🛠️ How to Use: Apply on 15-minute or lower timeframes Ideal for breakout strategies, opening range setups, or volatility scalping
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trader_ramjiram tarafından
Metatron Lines (Highs & Lows Geometry)Metatron Lines Hey TradingView community! 👋 I wanted to share something I've been working on that might help you see market structure from a different angle. This indicator connects pivot highs and lows using geometric patterns, creating what I call "Metatron Lines." What it does (simply put): - Finds significant highs and lows on your chart - Draws lines connecting these points to reveal hidden geometric relationships - Shows you the underlying structure that price tends to respect Why I built this: I noticed that markets often move in patterns that aren't immediately obvious. Sometimes the most important levels aren't the obvious support and resistance lines, but the intersections and angles created by connecting multiple pivot points. This tool helps visualize those relationships. How it might help you: - Pattern Recognition : Spot geometric formations that traditional analysis might miss - Support/Resistance : See where multiple geometric lines converge to create strong levels - Market Structure : Better understand how price flows and where it might find obstacles - Confluence Areas : Identify zones where multiple geometric elements align A few honest thoughts: This isn't a magic bullet or a guaranteed profit maker (nothing is!). It's simply another lens through which to view price action. Some traders find geometric analysis helpful, others prefer different approaches - and that's perfectly fine. I've tried to make it customizable so you can adjust it to fit your trading style and timeframe. The default settings work well for most instruments, but feel free to experiment. Settings you can adjust: - Pivot detection sensitivity - Number of connection points - Line colors and styles - Which connections to show (highs, lows, or both) I hope some of you find this useful! I'm always learning from this community, so if you have suggestions for improvements or different ways to use it, I'd love to hear them. Trade safe and trust your process! 📈 --- This indicator is provided as-is for educational and analysis purposes. Please practice proper risk management and never risk more than you can afford to lose.
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XroSilence_ tarafından
1
Intraweek Highs & Lows🔎 Track and analyze intraweek price extremes with full flexibility. The indicator detects weekly highs or lows for any selected weekday and monitors when other days break those levels. ⚙️ Inputs Select day Pick which weekday’s extreme you want to monitor. Find Low/High Select whether you want to track Lows or Highs. Use candle Wick/Body Choose if extremes are calculated by full wick or candle body. Cutoff date Toggle the date-based filter and choose the starting date for event display.
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itsMisterPump tarafından
1
Pre Market High/Low LevelsPre Market High & Pre Market Low By Jadra Pre Market High/Low Levels Indicator This indicator automatically identifies pre-market high and low levels (4:00-9:30 AM ET) and marks them with blue horizontal lines that extend throughout the entire trading session. Perfect for NYSE and NASDAQ traders who use these key levels as support and resistance. Features color-coded backgrounds: yellow for pre-market, transparent for regular hours, and blue for post-market. Lines remain visible from pre-market through market close, providing constant visual references for making trading decisions based on these important psychological levels. Essential tool for day traders focusing on overnight price action and gap analysis in US equity markets.
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ferjuarez_unc tarafından
Range Progress TrackerRANGE PROGRESS TRACKER(RPT) PURPOSE This indicator helps traders visually and statistically understand how much of the typical price range (measured by ATR) has already been covered in the current period (Daily, Weekly, or Monthly). It includes key features to assist in trend exhaustion analysis, reversal spotting, and smart alerting. CORE LOGIC The indicator calculates the current range of the selected time frame (e.g., Daily), which is: Current Range = High - Low This is then compared to the ATR (Average True Range) of the same time frame, which represents the average price movement range over a defined period (default is 14). The comparison is expressed as a percentage, calculated with this formula: Range % = (Current Range / ATR) × 100 This percentage shows how much of the “average expected move” has already occurred. WHY IT MATTERS When the current range approaches or exceeds 100% of ATR, it means the price has already moved as much as it typically does in a full session. This indicates a lower probability of continuing the trend with a new high or low, especially when the price is already near the session's high or low. This setup can signal: A possible consolidation phase A reversal in trend The market entering a corrective phase SMART ALERTS The indicator can alert you when: A new high is made after the range percentage exceeds your set threshold. A new low is made after the range percentage exceeds your set threshold. You can adjust the Range % Alert Threshold in the settings to tailor it to your trading style.
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ebecihalil tarafından
2
ryantrad3s session highs and lowsThis indicator allows you find London Session and Asia Session highs and lows without marking them yourself. This indicator can also help you find good draws on liquidity for the day and potential highs and lows you can target during that trading day. I recommend trading NQ and ES with this indicator because that's what I seen it work best with. The blue lines are London Session high and low and the red lines are Asia Session high and low. Hope this can save you time marking out your chart before market open.
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ryantrad3s tarafından
Prev Day High/Low - RTH OnlyThis indicator displays the previous day’s Regular Trading Hours (RTH) high and low levels on your chart, but only during the next day’s RTH session — keeping your charts clean while highlighting the most relevant price zones. 🔧 Features: RTH Timing: 09:30 to 16:00 (New York time) Auto-Detection: Automatically tracks the high and low of each RTH session Next-Day Visibility: Lines are only shown during the following day’s RTH session Minimal Chart Clutter: Levels disappear after the session ends, keeping focus on what's relevant Clear Labels: Optional “Prev High” and “Prev Low” markers at market open 📊 Use Case: Perfect for intraday and 0DTE options traders who rely on prior session key levels for: Breakout trades Reversal setups Support/resistance confluence These levels are often respected by institutions and algo flows, making them highly actionable when approached in the next RTH session. 🧠 Why This Matters: Many traders overpopulate their charts with persistent support/resistance lines. This script keeps only what’s essential — the previous day’s RTH range — and only when it matters most: the following day’s active market hours.
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myttthew tarafından
1
Volumetric Tensegrity🧮 Volumetric Tensegrity unifies two of the Leading Indicator suite's critical engines —  ZVOL  ( volume anomaly detection ) and  OBVX  ( directional conviction ). Originally designed as a structural economizer for traders navigating strict indicator limits (e.g. < 10 slots per chart), it was forced to evolve beyond that constraint simply to fulfill it, albeit with a difference. The fatal flaw of traditional fusion, where two metrics are blended mathematically, is that they lose scale integrity (i.e. meaning). VTense encodes  optical tensegrity  to scale the amplitude of the ZVOL histogram and the slope of the OBVX spread independently, so that expansion and direction may coexist without either dominating the frame. 🧬 Tensegrity , by definition, is an intelligent design principle where elements in compression are suspended within a network of continuous tension, forming a stable, self-supporting structure . Originally conceived in esoteric biomorphology (c.f. Da Vinci, Snelson, Casteneda), tensegrity balances force through opposition, not rigidity. Applied to financial markets,  Volumetric Tensegrity  captures this same principle: price compresses, volume expands, conviction builds or fades — yet structure holds through the interplay. The result is not a prediction engine, but a pressure field — one that visualizes where structure might bend, break, or rebound based on how volume breathes. 🗜️ Rather than layering multiple indicators and consuming precious chart space, VTense frees up room for complementary overlays like momentum mapping, liquidity tiers, or volatility phase detection — making it ideal for modular traders operating in tight technical real estate. 🧠 Core Logic - VTense separates and preserves two essential structural forces: • ZVOL Histogram : A Z-score-based expansion map that measures current volume deviation from its historical average. It reveals buildup zones, dormant stretches, and breakout pressure — regardless of price behavior. • OBVX Spread : A directional conviction curve that tracks the difference between On-Balance Volume and its volume-weighted fast trend. It shows whether the crowd is leaning in (accumulation/distribution) or backing off. 🔊 ZVOL controls the amplitude of the histogram, while OBVX controls the curvature and slope of the spread. Without sacrificing breathing behavior or analytical depth, VTense provides a compact yet dynamic lens to track both expansion pressure and directional bias within a single footprint. 🌊 Volumetric Tensegrity forecasts breakout readiness, trend fatigue, and compression zones by measuring the volatility within volume . Unlike traditional tools that track volatility of price, this indicator reveals when effort becomes unstable — signaling inflection points  before  price reacts. Designed to decode rhythm shifts at the volume level, it operates as a pre-ignition scanner that thrives on low-timeframe charts (15m and under) while scaling effectively to 1H for validation. 🪖 From Generals to Scouts 👀 When used jointly,  ZVOL + OBVX  act as the general : deep-field analysts confirming stress, commitment, or exhaustion. VTense , by contrast, functions as a  scout  — capturing subtle buildup and alignment before structure fully reveals itself. The indicator aims to be a literal vanguard, establishing a position that can be confirmed or flexibly abandoned when the higher authority arrives to evaluate. 🥂 Use the ZVOL + OBVX pair when : • You need independent axis control and manual dissection • You’re building long-form confluence setups • You have more indicator slots than you need 🔎 Use VTense when : • You need compact clarity across multiple instruments • You’re prioritizing confluence _detection_ over granular separation • You’re building efficient multi-layered systems under slot constraints 🏗️ Structural Behavior and Interpretation 🫁 Z VOL Respiration Histogram : Structural Effort vs Baseline 🔵  Compression Coil  – volume volatility is low and stable; the market is coiling 🟢  Steady Rhythm  – volume is healthy but unremarkable; balanced participation 🟡  Passive/Absorbed Effort  – expansion failing to manifest; watch for reversal 🟠  Clean Expansion  – actionable volatility rise backed by structure 🔴  Volatile Blowout  – chaos, climax; likely end-phase or fakeout ⚖️ ZVOL Respiration measures how hard the crowd is pressing — not just that volume is rising, but how statistically  abnormal the surge is. Because it is rescaled proportionally to OBVX, the amplitude of the histogram reflects structural urgency without overwhelming the visual field. 🖐️ OBVX Spread : Real-Time Directional Conviction Behind Price Moves 🔑 The curvature of the spread reveals not just directional bias but  crowd temp o: sharp slopes = urgent transitions; gradual slopes = building structural shifts. Curvature is key: sharp OBVX slope = urgency; gentle arcs = controlled drift or indecision. • Green Rising : Accumulation — upward pressure from real buyers • Red Falling : Distribution — sell pressure, downward slope • Flat Curves : Transitional → uncertainty, microstructure digestion 🎭 Synchronized vs Divergent Behavior ⏱️ Synchronized (high-confluence) : often precedes structural breakouts, with internal conviction clearly visible before price resolves. • ZVOL expands (yellow/orange/red) and OBVX climbs steeply green = strong bullish pressure • ZVOL expands while OBVX steepens red = growing sell-side intent 🪤 Divergent (conflict tension) : flags potential traps, fakeouts, and liquidity sweeps. • ZVOL expands sharply, but OBVX flattens or opposes → reactive expansion without crowd commitment ⛔️ Latent Drift + Structural Holding Patterns : tensegrity in action — the market holds tension without directional release. • ZVOL compresses (blue) + OBVX meanders near zero → structure is resting, building up energy • After prolonged drift, expect violent asymmetry when balance finally breaks 📚 Phase Interpretation: Dynamic Structural Read • 1️⃣ Quiet Coil : Histogram flat, OBVX flat → no urgency • 2️⃣ Initial Pulse : Yellow bars, OBVX slope builds → actionable tension • 3️⃣ Structural Breath : Synchronized expansion and slope → directional commitment • 4️⃣ Disagreement : Spike in ZVOL, flattening OBVX → exhaustion risk or false signal 💡 Suggested Use • Run on 15m charts for breakout anticipation and 1H for validation • Pair with ZVOL + OBVX to confirm crowd conviction behind the tension phase • Use as a rhythm filter for the suite's trend indicators (e.g., RDI , SUPeR TReND 2.718 , et. al.) • Ideal during low-volume regimes to detect pressure buildup before triggers 🧏🏻 Volumetric Tensegrity doesn’t signal. It  breathes , and listens to pressure shifts before they speak in price. As a scout, it lets you see structural posture before signals align — helping you front-run resolution with clarity, not prediction.
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TheLeadingIndicator tarafından
1
Prior sessions High/Low/MidThis indicator highlights the High, Low, and Midpoint of the most recently completed trading sessions. It helps traders visualize key price levels from the previous session that often act as support, resistance, or reaction zones. It draws horizontal lines for the high and low of the last completed session, as well as the midpoint, which is calculated as the average of the high and low. These lines extend to the right side of the chart, remaining visible as reference levels throughout the day. You can independently enable or disable the Tokyo, London, and New York sessions depending on your preferences. Each session has adjustable start and end times, as well as time zone settings, so you can align them accurately with your trading strategy. This indicator is particularly useful for intraday and swing traders who use session-based levels to define market structure, bias, or areas of interest. Session highs and lows often align with institutional activity and can be key turning points in price action. Please note that this script is designed to be used only on intraday timeframes such as 1-minute to 4-hour charts. It will not function on daily or higher timeframes.
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Refic tarafından
Session Highs and Lows IndicatorSession Highs and Lows Indicator This indicator automatically tracks and displays the High and Low prices for major trading sessions: London New York Asia New York Close For each session, it plots: A label at the highest and lowest price point reached during the session. A dashed line showing the high and low levels extended to the right (until the current bar), helping traders visualize key support/resistance zones. You can toggle visibility for each session individually through the settings panel. Session times are set in GMT+8, but you can adjust them in the code if needed. Color code: London: Blue New York: Red Asia: Green New York Close: Orange All lines and labels are semi-transparent to avoid chart clutter. Ideal for intraday and session-based trading strategies.
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kropfmarvin4 tarafından
Inside Bar with High/LowInside Bar with High/Low The indicator plots horizontal mid line between two Inside bars with High / Low with Multi Time Frame Selection by the user which can be traded in trending markets in the direction of the trend, when traded this way they are typically referred to as a ‘Breakout Play’ or an inside bar ‘Price Action Breakout Pattern’ They can also be traded counter-trend, typically from ‘Key Chart Levels’ , when traded this way they are often referred to as ‘Inside Bar Reversals’ . The classic entry for an inside bar signal is to place a buy stop or sell stop at the high or low of the mother bar, and then when price breakouts above or below the mother bar, your entry order is filled with best time frame preferably more than 1 hour. Stop loss placement is typically at the opposite end of the mother bar, or it can be placed near the mother bar halfway point (50% level), typically if the mother bar is larger than average. It’s worth noting that these are the ‘classic’ or standard entry and stop loss placements for an inside bar setup is a useful tool for traders looking to identify potential reversals using the 20/50 EMA and candlestick patterns. However, like any trading tool, it should be used in conjunction with other indicators and analysis techniques for better accuracy And also this tool is especially useful for day traders who want to track price action during specific times of the day and make informed decisions based on market behavior with more than 60 minutes period As always, back testing and customization are recommended to optimize performance across different market conditions In the end, experienced traders may decide on other entries or stop loss placements as they see fit. Please remember that this indicator is provided for educational purposes only and does not constitute financial advice
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sarwadjm tarafından
JL - DWM OHLCThis indicator plots the following price levels on your chart automatically AND will not show up if you are using a timeframe bigger than 60 minutes, 1 day, or 1 week. Here are the price levels that are automatically plotted for you, and so you know the styling is different for Daily, Weekly, Monthly levels so you can easily distinguish between them: - Prior Day: High / Low / Close - Current Day: Open - Prior Week: High / Low / Close - Current Week: Open - Prior Month: High / Low / Close - Current Month: Open These plots are timeframe dependent and will not plot on subsequently higher timeframes, here is how they work: Daily Price Levels are only shown on timeframes that are smaller than 60 minutes. Weekly Price Levels are only shown on timeframes smaller than 1 Day. Monthly Price Levels are only shown on timeframes smaller than 1 Week. This way, you can turn on the indicator and not have to think about turning off certain price levels if you switch to a larger / longer timeframe than what you typically use. For example, Daily OHLC price levels will quickly clutter the 60 minute chart, and likely you don't need to know the HLC of the Prior Day if you are looking at the 60 minute chart. Therefor it may be helpful to automatically hide the Daily price level plots, and only show the Weekly and Monthly plots on the 60 minute timeframe. I hope you find this indicator helpful, thanks for reading.
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JackDL92 tarafından
Premarket High/Low Breakout AlertsPremarket High/Low Breakout Alerts Description: This custom TradingView indicator helps you track premarket breakouts and breakdowns for a list of selected stocks. The indicator monitors the premarket session and sends an alert every time the stock's price breaks above the premarket high or below the premarket low. Key Features: Track Multiple Stocks: Easily monitor multiple stocks (e.g., AAPL, TSLA, NVDA, etc.) and get alerts when they break premarket levels. Premarket Session Monitoring: The indicator checks for price movements during the premarket session (4:00 AM to 9:30 AM EST). Customizable Ticker List: Modify the list of tickers directly from the TradingView settings to suit your daily trading needs. Breakout and Breakdown Alerts: Receive instant alerts for both breakout (above premarket high) and breakdown (below premarket low) conditions. Plot Premarket Levels: The premarket high and low levels are plotted on the chart for easy reference. How to Use: Add this indicator to your chart. Go to the indicator settings and input your desired stock tickers (e.g., AAPL, TSLA, MSFT). The indicator will automatically track the premarket levels and send alerts when those levels are broken. Customize the tickers daily if needed. Ideal For: Day Traders who want to track premarket movements. Swing Traders looking for strong breakouts from premarket levels. Scalpers who need quick alerts to catch price action early.
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meenu187 tarafından
1
Two-Candle Highs & LowsSimple indicator which highlights highs and lows as two-candle reversal patterns: 1. High pattern : A bullish candle followed by a bearish candle, marking the highest price of the two. 2. Low pattern : A bearish candle followed by a bullish candle, marking the lowest price of the two. It draws horizontal lines at the high/low levels, making it useful for price action analysis such as identifying potential reversals or support/resistance zones.
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matthewvella tarafından
Smoothed Low-Pass Butterworth Filtered Median [AlphaAlgos]Smoothed Low-Pass Butterworth Filtered Median This indicator is designed to smooth price action and filter out noise while maintaining the dominant trend. By combining a Butterworth low-pass filter with a median-based smoothing approach , it effectively reduces short-term fluctuations, allowing traders to focus on the true market direction. How It Works Median Smoothing: The indicator calculates the 50th percentile (median) of closing prices over a customizable period , making it more robust against outliers compared to traditional moving averages. Butterworth Filtering: A low-pass filter is applied using an approximation of the Butterworth formula , controlled by the Cutoff Frequency , helping to eliminate high-frequency noise while preserving trends. EMA Refinement: A 7-period EMA is applied to further smooth the signal, providing a more reliable trend representation. Features Trend Smoothing: Reduces market noise and highlights the dominant trend. Dynamic Color Signals: The EMA line changes color to indicate trend strength and direction. Configurable Parameters: Customize the median length, cutoff frequency, and EMA length to fit your strategy. Versatile Use Case: Suitable for both trend-following and mean-reversion strategies. How to Use Bullish Signal: When the EMA is below the price and rising , indicating upward momentum. Bearish Signal: When the EMA is above the price and falling , signaling a potential downtrend. Reversal Zones: Monitor for trend shifts when the color of the EMA changes. This indicator provides a clear, noise-free view of market trends , making it ideal for traders seeking improved trend identification and entry signals .
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AlphaNatt tarafından
4
[volfgang] Pivot Levels (Open, Close, High, Low)This script provides a clear and consistent way to track key price levels from Weekly and Daily bars, directly on your current chart interval. The default colours are; Today & This Week Open = White Yesterday & Previous Week Open = Cream Yesterday's High = Red Yesterday's Low = Green Weekly Pivots are 2px, and Daily Pivots are 1px. Instead of requiring manual referencing of daily or weekly charts, these significant levels are automatically drawn and updated in real time, extending to the right as new bars form. It adds value by helping traders quickly identify potential support/resistance zones and compare intraday price action with higher-timeframe pivots. This approach can aid in scalping, day trading, or swing trading strategies that rely on past price levels for trade entries, exits, or stop loss placement. Daily Pivots Displayed Intraday The script imports the previous day’s High, Low, Open, and Close and draws lines on the current chart, so you can see exactly where those levels lie on any intraday timeframe. You can easily change the colour of these lines in the menu. Instead of switching between multiple charts for daily references, you can keep an intraday chart open and still watch how price behaves around these important daily pivots. Weekly Pivots for Broader Context In addition to daily levels, it also shows the previous week’s Open and Close. This feature helps traders who want to maintain a broader perspective and gauge the market’s weekly trend or bias while remaining on lower timeframes. Automatic Line & Label Management Each new trading day triggers a “session change” in the code, prompting the script to delete old lines and labels for daily levels. This keeps your chart from getting cluttered with outdated lines. Weekly lines and labels follow the same approach, ensuring only the most recent weekly levels are highlighted. Real-Time Extension Lines are continuously extended to the right as new bars print, ensuring that you always have an updated view of your key price levels without any manual adjustments. On the last bar, the script shifts to a time-based coordinate system for seamless visual extension. Minimal Recalculation This script uses security() calls in a carefully optimized way to reduce unnecessary recalculations and avoid repaint issues. By referencing open , close , etc., the lines remain fixed once the daily (or weekly) candle is confirmed. Flexible Usage You can apply this script to any symbol on TradingView. It’s especially beneficial for Forex pairs, indices, futures, or cryptocurrencies where you want to track significant past levels. If you’re a scalper looking for areas of likely reaction, or a swing trader watching weekly opens for trend confirmation, these levels can be integral to your technical approach. How to Use Add to Chart: Click the “Add to Favorite Indicators” or “Apply to Chart” button once published. Enable or Disable Previous Day Bars: Use the script’s input to toggle the display of previous day’s High, Low, Open, and Close lines if you only want weekly lines (or vice versa). Customize Visuals: You can change line colors, width, and label text in the “Style” or “Inputs” tab. Adjust them to fit your preferred color scheme. Interpretation: Daily levels typically carry relevance for the next trading session. They can be used for intraday support/resistance, breakout checks, or gap fills. Weekly levels help identify more prominent zones for bigger moves or for understanding overall sentiment from the prior week. Conceptual Underpinnings Support/Resistance: Past opens/closes often act as support or resistance because they represent important points of reference (where trading started or ended during a prior session). Market Psychology: Many traders watch daily or weekly closes to gauge momentum and bias, which can become self-fulfilling as more participants join around those levels. Improved Situational Awareness: By having these levels automatically drawn and updated, traders avoid missing critical areas where price may pivot. This script is intentionally open-source to help traders study and personalize it. By merging daily and weekly pivot concepts in a single script, it provides a convenient and efficient tool—rather than a simple mashup, it unifies two timeframes that are crucial in short-term and medium-term trading decisions. Remember that these levels alone do not constitute a complete trading system; they are best used as part of a broader strategy involving risk management, additional technical signals, and market context.
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Volfgang tarafından
Previous Day High and Low by DRK TradingThe Previous Day High and Low Indicator is a simple yet powerful tool designed for traders who want to keep track of critical levels from the previous trading session. This indicator automatically marks the high and low of the previous day on your chart with dashed horizontal lines, making it easier to identify key support and resistance zones. Features: Horizontal Lines: Clearly marks the previous day's high and low levels. Dynamic Updates: Automatically updates at the start of a new trading day. Visual Clarity: Includes labels at the start of the day for quick reference. Customizable: Works seamlessly across all timeframes and instruments. Use Case: Identify potential breakout and reversal zones. Enhance intraday and swing trading strategies by focusing on key price levels. Plan stop-loss and target levels based on historical price movements. This indicator is perfect for price action traders, intraday scalpers, and swing traders who rely on past price behavior to make informed decisions.
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rkdervaliya tarafından