Yesterdayhigh — Indicators and Strategies

MM Day Trader Levels As an intraday trader, there are certain key levels that I care about for short-term price action on every single chart. When I first began day trading, each morning I would painstakingly mark those key levels off on the charts I planned to trade each day. Depending on the number of charts I was watching, this would take up quite a bit of my time that I felt would have been much better spent doing other things. It also meant that those levels would often be left behind, and on later days I might be trading a symbol and get confused when a line appeared and I'd be paying attention to it only to later discover that it wasn't from prior day, but from some other day in the past when I had marked it off. I looked all over TradingView to find indicators that did this automatically for me, and I found a lot of them. One by one I tried them, and inevitably I would always find that something was wrong with them. Often they didn't have all of the levels I wanted (so I would have to combine multiple indicators), but more often I found that the levels would be incorrect, or they would be buggy and not appear consistently, or they would not appear at the right time, or they would not work on futures! The list of problems went on and on. And the biggest issue I found was that nobody knew how to get session volume profile in an indicator. So, over the course of a few years I figured out how to solve all of those problems and now I'm thrilled to present this free indicator for everyone like me who trades intraday and wants a clean consistent way to see the prior day levels that they care about automatically on every single chart (even futures). The levels the indicator provides are: Yesterday High & Low Value Area High & Low & Point of Control Today's Open Yesterday's Close (aka "Settlement" on futures) Premarket High & Low (non-futures only) Overnight High & Low (futures only) These levels are extremely important, and I expect price to be reactive to them, so each level has a shaded background behind it so that the levels stand out against other lines you may have on your chart. I try to keep configuration as simple as possible, but there are configuration options that allow you to: Hide any of the levels Change the color for the levels Shade the value area (or not) Change the label text, size, type (basic label or plain text) and location (how far to the right of last candle to place the label Adjust session volume profile value area volume & number of rows The biggest advantage to this indicator over others on TradingView is how it handles session volume profile. When it comes to futures, TradingView does differentiate between regular trading hours and "electronic" trading hours on the charts, but their timeframes for those sessions are unusual, and they do not provide any programmatic way to differentiate between them. So, I created a whole new library for dealing with futures sessions that is fully integrated into both my Session Volume Profile library and this indicator, allowing me to bring you the best and only custom indicator available on TradingView that provides you with true regular session volume profile information across every type of symbol, including futures. I'm incredibly proud of everything I've been able to provide with this indicator, and even more thrilled to say that I'm proud of how the indicator has been implemented. Once again releasing this indicator and all associated code for free and open source. I encourage you to take a look at the source code to see how it all works, take advantage of the free underlying libraries I created to make all of this possible: Session Library and Session Volume Profile Library.

YDH/YDL to Current Day H/L - Zones - Draw boxes on the intersections between yesterday's high/low and the day's after high/low This will help you to visualize areas at extreme points where algo hasn't yet pushed price to recover them

Sessions[Lenny Kiruthu]The script below is designed to show up to 4 different trading sessions i.e. London, New York, Tokyo and Sydney sessions, it also displays the days each session is taking place in as well as two horizontal lines one for the previous days high and the other for the previous days low. It also displays a table that shows the user the highest and lowest price for 4 different currency pairs the previous day as well as their current prices and below it a confirmation row that shows whether price is currently above, below or within yesterdays range. Note that it only states "High Broken" or "Low Broken" if the current close is above or below the lines. What you can change Your time zone for example GMT -4 or GMT +3 The session start and end time The colors, border type and border width of the session ranges Displaying the table Ability to choose the 4 symbols to view on the table

Yesterday’s High Breakout - Trend Following Strategy Yesterday’s High Breakout it is a trading system based on the analysis of yesterday's highs, it works in trend-following mode therefore it opens a long position at the breakout of yesterday's highs even if they occur several times in one day. There are several methods for exiting a trade, each with its own unique strategy. The first method involves setting Take-Profit and Stop-Loss percentages, while the second utilizes a trailing-stop with a specified offset value. The third method calls for a conditional exit when the candle closes below a reference EMA. Additionally, operational filters can be applied based on the volatility of the currency pair, such as calculating the percentage change from the opening or incorporating a gap to the previous day's high levels. These filters help to anticipate or delay entry into the market, mitigating the risk of false breakouts. In the specific case of NULS, a 9% Take-Profit and a 3% Stop-Loss were set, with an activated trailing-stop percentage. To postpone entry and avoid false breakouts, a 1% gap was added to the price of yesterday's highs. Name : Yesterday's High Breakout - Trend Follower Strategy Author : @tumiza999 Category : Trend Follower, Breakout of Yesterday's High. Operating mode : Spot or Futures (only long). Trade duration : Intraday. Timeframe : 30M, 1H, 2H, 4H Market : Crypto Suggested usage : Short-term trading, when the market is in trend and it is showing high volatility. Entry : When there is a breakout of Yesterday's High. Exit : Profit target or Trailing stop, Stop loss or Crossunder EMA. Configuration : - Gap to anticipate or postpone the entry before or after the identified level - Rate of Change for Entry Condition - Take Profit, Stop Loss and Trailing Stop - EMA length Backtesting : ⁃ Exchange: BINANCE ⁃ Pair: NULSUSDT ⁃ Timeframe: 2H ⁃ Fee: 0.075% ⁃ Slippage: 1 - Initial Capital: 10000 USDT - Position sizing: 10% of Equity - Start : 2018-07-26 (Out Of Sample from 2022-12-23) - Bar magnifier: on Credits : LucF for Pine Coders (f_security function to avoid repainting using security) Disclaimer : Risk Management is crucial, so adjust stop loss to your comfort level. A tight stop loss can help minimise potential losses. Use at your own risk. How you or we can improve? Source code is open so share your ideas! Leave a comment and smash the boost button! Thanks for your attention, happy to support the TradingView community.