OPEN-SOURCE SCRIPT
Updated Previous Day Levels
Previous Day Levels (PDH, PDL, PDC)
This indicator automatically plots the key price levels from the previous trading day onto your chart: the High (PDH), Low (PDL), Close (PDC), and the Midpoint.
These levels are essential for day traders who use them to identify potential areas of support and resistance, gauge market sentiment, and pinpoint key breakout or breakdown zones.
Key Features:
Smart Drawing: Lines for past days are neatly contained within their daily session, while the current day's lines extend in real-time for live analysis.
Four Key Levels: Plots the Previous Day High, Low, Close, and Midpoint.
Full Customization: Easily toggle the visibility of each line and customize its color, style (solid, dotted, dashed), and width to match your personal chart theme.
This is a clean, lightweight, and fully adjustable tool for adding a classic day trading strategy to your analysis.
This indicator automatically plots the key price levels from the previous trading day onto your chart: the High (PDH), Low (PDL), Close (PDC), and the Midpoint.
These levels are essential for day traders who use them to identify potential areas of support and resistance, gauge market sentiment, and pinpoint key breakout or breakdown zones.
Key Features:
Smart Drawing: Lines for past days are neatly contained within their daily session, while the current day's lines extend in real-time for live analysis.
Four Key Levels: Plots the Previous Day High, Low, Close, and Midpoint.
Full Customization: Easily toggle the visibility of each line and customize its color, style (solid, dotted, dashed), and width to match your personal chart theme.
This is a clean, lightweight, and fully adjustable tool for adding a classic day trading strategy to your analysis.
Release Notes
Previous Day Levels (PDH, PDL, PDC)This indicator automatically plots the key price levels from the previous trading day onto your chart: the High (PDH), Low (PDL), Close (PDC), and the Midpoint.
These levels are essential for day traders who use them to identify potential areas of support and resistance, gauge market sentiment, and pinpoint key breakout or breakdown zones.
Key Features:
Smart Drawing: Lines for past days are neatly contained within their daily session, while the current day's lines extend in real-time for live analysis.
Four Key Levels: Plots the Previous Day High, Low, Close, and Midpoint.
Full Customization: Easily toggle the visibility of each line and customize its color, style (solid, dotted, dashed), and width to match your personal chart theme.
This is a clean, lightweight, and fully adjustable tool for adding a classic day trading strategy to your analysis.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.