Astro Algo by Mr Keshav Trader

The Astro Algo is a simple yet powerful TradingView indicator designed to help traders easily identify the daily high and low levels on the chart. These levels are extremely important as they often act as key support and resistance zones during intraday trading.

How It Works

New Day Detection:
At the start of each new trading day, the indicator automatically resets and records the high and low of the day.

Dynamic or Fixed Lines:

If the price makes new highs or lows during the day, the lines automatically adjust (dynamic version).

Alternatively, you can keep the high/low fixed at the first candle of the day (fixed version).

Visual Representation:
Two horizontal lines are plotted on the chart:

Teal Line → Daily High

Red Line → Daily Low

Usage

The Daily High often acts as a resistance level. If the price breaks above this line, it can indicate a potential bullish breakout.

The Daily Low often acts as a support level. If the price breaks below this line, it can signal a possible bearish breakdown.

Best For

Intraday Traders looking for key levels to plan entries/exits.

Scalpers & Swing Traders who use support/resistance levels for decision-making.

Features

Works on all timeframes.

Automatically resets every new trading day.

Clean and simple visualization with minimal chart clutter.