My friends, this is a very simple script, but it has some work to function the way it currently does.
Basically it prints the HIGH and LOW from previous day into the current day. This forms like a channel.
It's useful to visually detect when the price cross over the yesterday's high, or close under yesterday's low.
You can activate/deactivate colors as input...
I have recently been reading How to Day Trade for a Living by Andrew Aziz and one of the important support and resistance levels he talks about is the Previous Day Close Price.
I did not find an indicator that would simply plot this so I wrote a short simple pine script to plot the indicator.
Please feel free to edit or suggest improvements.
created by AutemOx
twitter: @joyrider5
reddit: /u/joyrider5
This creates lines at yesterdays open, close, high, and low. It is pretty amazing use of the timenow and dayofweek variables if I say so myself 8)
A very simple script to plot the yesterday's OHLC, to be used in an intraday graph.
There were other scripts like this, but their code was ugly, filthy, smelly, and WET, so I did this.
Shows yesterday's range
green line = yesterday's high
red line = yesterday's low
Fills y-range with black color so it's easier to see if we are inside or outside yesterday's range
