PROTECTED SOURCE SCRIPT
Daily OHLC + Current High/Low
This indicator is a Dynamic Daily Levels Tracker designed to provide a clean, uncluttered view of significant price milestones from the previous and current trading days.
Unlike standard indicators that draw "staircase" lines across your entire chart history, this tool uses Pine Script's drawing engine to display levels only on the current live bar, extending them across the screen for a professional, high-end look.
Key Features
- Previous Day OHLC: Automatically fetches and plots the High, Low, Open, and Close from the previous daily candle.
- Current Day H/L: Tracks the real-time High and Low of the ongoing trading day.
- Full-Width Visualization: Lines extend across the entire chart (left-to-right), ensuring the levels are always visible regardless of where you are scrolling.
Dual Labeling System:
-On-Chart Labels: Names of the levels (e.g., "Previous High") are placed directly above the lines for instant identification.
- Price Axis Labels: The exact price values are reflected in color-coded bubbles on the right-hand Y-axis, matching the aesthetic of professional trading platforms.
- Customizable: Users can change the color, line thickness, and text size for every level to match their specific chart theme.
Why Traders Use This
These levels are often viewed as "psychological pivots." The Previous Day High and Low, in particular, are frequently used as areas of support and resistance or as triggers for breakout and mean-reversion strategies. By keeping only the most recent data visible, the indicator helps you focus on current price action without the distraction of historical lines.
Unlike standard indicators that draw "staircase" lines across your entire chart history, this tool uses Pine Script's drawing engine to display levels only on the current live bar, extending them across the screen for a professional, high-end look.
Key Features
- Previous Day OHLC: Automatically fetches and plots the High, Low, Open, and Close from the previous daily candle.
- Current Day H/L: Tracks the real-time High and Low of the ongoing trading day.
- Full-Width Visualization: Lines extend across the entire chart (left-to-right), ensuring the levels are always visible regardless of where you are scrolling.
Dual Labeling System:
-On-Chart Labels: Names of the levels (e.g., "Previous High") are placed directly above the lines for instant identification.
- Price Axis Labels: The exact price values are reflected in color-coded bubbles on the right-hand Y-axis, matching the aesthetic of professional trading platforms.
- Customizable: Users can change the color, line thickness, and text size for every level to match their specific chart theme.
Why Traders Use This
These levels are often viewed as "psychological pivots." The Previous Day High and Low, in particular, are frequently used as areas of support and resistance or as triggers for breakout and mean-reversion strategies. By keeping only the most recent data visible, the indicator helps you focus on current price action without the distraction of historical lines.
Script protegido
Este script se publica como código cerrado. No obstante, puede utilizarlo libremente y sin ninguna limitación. Obtenga más información aquí.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Script protegido
Este script se publica como código cerrado. No obstante, puede utilizarlo libremente y sin ninguna limitación. Obtenga más información aquí.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.