OPEN-SOURCE SCRIPT
Intraday Levels
What it shows:
This indicator is useful for day trading, where it will track and display you important price levels which includes:
The price level lines and labels will automatically adjust itself as the price moves, eliminating the need of manually having to adjusting these levels.
How to use it:
At these levels it can act as important support resistance points during the day and can often serve as a important pivot point for any ticker. You can expect price rejection or bounce when the price approaches these levels.
Key settings:
For each of the levels, user can adjust in the settings menu:
This indicator is useful for day trading, where it will track and display you important price levels which includes:
- Premarket Low (PML)
- Premarket High (PMH)
- Previous Day Low (PDL)
- Previous Day High (PDH)
- Previous Day Close (PDC)
- After Hours Low (AHL)
- After Hours High (AHH)
- Day Low (DL)
- Day High (DH)
The price level lines and labels will automatically adjust itself as the price moves, eliminating the need of manually having to adjusting these levels.
How to use it:
At these levels it can act as important support resistance points during the day and can often serve as a important pivot point for any ticker. You can expect price rejection or bounce when the price approaches these levels.
Key settings:
For each of the levels, user can adjust in the settings menu:
- Line Colour
- Line Thickness
- Line Style
- Label Text
- Price Labelling on Label
- Label Location (Offset from current bar)
- Ability to turn on/off the price level and label
- Display levels for either all days or on the day
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.