Daily Play

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Daily Play Indicator

The Daily Play Indicator is a clean and versatile tool designed to help traders organize and execute their daily trading plan directly on their charts. This indicator simplifies your workflow by visually displaying key inputs like market trend, directional bias, and key levels, making it easier to focus on your trading strategy.

Features

Dropdown Selection for Trend and Bias:
• Set the overall market trend (Bullish, Bearish, or Neutral) and your directional bias (Long, Short, or Neutral) using intuitive dropdown menus. No more manual typing or guesswork!

Key Levels:

• Quickly input and display the Previous Day High and Previous Day Low. These levels are essential for many trading strategies, such as breakouts.
  

Real-Time News Notes:

• Add a quick note about impactful news or market events (e.g., “Fed meeting today” or “Earnings season”) to keep contextual awareness while trading.
  

Simple On-Chart Display:

• The indicator creates a “table-like” structure on the chart, aligning your inputs in an easy-to-read format. The data is positioned dynamically so it doesn’t obstruct the price action.
  

Customisable Visual Style:
Simple labels with clear text to ensure that your chart remains neat and tidy.

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Use Case

The Daily Play Indicator is ideal for:
• Day traders and scalpers who rely on precise planning and real-time execution.
• Swing traders looking to mark critical levels and develop a trade plan before the session begins.
• Anyone who needs a structured way to stay focused and disciplined during volatile market conditions.

By integrating this tool into your workflow, you can easily align your daily preparation with live market action.

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How to Use

Open the indicator settings to configure your inputs:
• Trend: Use the dropdown to choose between Bullish, Bearish, or Neutral.
• Bias: Select Long, Short, or Neutral to align your personal bias with the market.
• Previous Day Levels: Enter the High and Low of the previous trading session for key reference points.
• News: Add a short description of any relevant market-moving events.